Staking Rewards
All things staking & $TGC
Last updated
All things staking & $TGC
Last updated
7. Staking Rewards
7.1 Overview
TG.Casino has a generous system for rewarding holders of $TGC, and even more so for those who stake their tokens.
Staking has emerged as a powerful way to incentivize long-term holding and participation within a cryptocurrency ecosystem. For TG.Casino, staking $TGC not only promotes token stability and fosters community loyalty but also allows stakeholders to earn passive rewards, amplifying the benefits of being a part of the ecosystem.
7.2 Basics of Staking $TGC
7.2.1 What is Staking?
Staking involves locking up a certain amount of $TGC within the platform for a predetermined period. In return, stakers receive rewards in the form of USDC and if over 5000 tokens are staked then the staker automatically qualifies for a share of the casino profits, essentially earning interest on their staked amount.
7.2.2 Why Stake $TGC?
Staking offers multiple benefits:
Passive Rewards: Earn rewards in the form of USDC.
Profit Share: Stakers with over 5000 tokens staked receive a percentage of the casino profits every week.
Enhanced Platform Loyalty Bonuses: Stakers get preferential treatment in terms of bonuses, offers, or game access.
Supporting the Ecosystem: By reducing the circulating supply temporarily, staking can contribute to token price stability and increases.
7.3 How Rewards are Distributed
Rewards are calculated based on the staked amount. Rewards can be claimed at any time through the website and can be used in the casino, restaked or kept in your wallet. At the end of the staking period, the initial staked tokens plus any unclaimed rewards are available to be claimed using the staker's wallet.
7.3.1 Staking Locking Period
When you add tokens to the staking pool, they will initially be locked for a period of 3 months. Adding to your stake does NOT extend the initial lock period.
7.4 Security and Trust
Smart Contract Assurance: Staking is governed by smart contracts, ensuring transparency and preventing any malicious activities.
Withdrawal Assurance: While tokens are locked during the staking period, stakers can be assured of receiving their staked amount plus rewards at the end of the term.
7.5 Reinforced Ecosystem Engagement
Beyond the immediate financial rewards, staking $TGC will also entitle members to:
Exclusive Access: Stakers can receive first-hand access to new games, features, or promotional events.
Community Recognition: Recognizing top stakers in the community can foster healthy competition and further engagement.
7.6 Conclusion
The staking rewards system of TG.Casino accentuates its commitment to rewarding its community and ensuring platform sustainability. By offering tangible benefits for holding and staking $TGC, it solidifies its position as a platform that truly values its stakeholders. To stake your tokens or find out more, please see link below
