Genesis Pool
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Genesis Staking
The Genesis staking pool is a single staking mechanism to allow our investors to earn rewards in multiple tokens at the same time.
As GPool launches more and more projects the Genesis staking pool will be populated by token allocations from all these projects and so very quickly, investors participating in the staking pool will be earning a diverse range of tokens and generating an impressive yield from their holdings.
We feel strongly that our staking pool should reflect this diversity and so we will ask all projects that launch their IDOs through us to allocate 0.2 to 2% of their tokens to the Genesis staking pool. GPool will lead the way by giving 2% of its tokens to fund the staking pool at its inception. GPool also hopes that as it builds partnerships and affiliations with other organizations, it will be able to secure token allocations from them for the Genesis staking pool.
GPool will distributed the rewards in an equal ratio amongst the GPass holders depending on their GPass level and token holdings, further democratizing the reward process.
Staking Rewards for GPass Holders
To own and maintain membership of the Genesis Pass (GPass), GPool will ask its investors to hold their tokens in the Genesis staking pool. Until the staking pool platform is live, investors must hold their tokens in the wallet their received them in the GPool IDO.
Investors who join us at inception will automatically become Gold GPass holders and will receive the highest allocations in the staking pool, dramatically increasing the yield on their holdings.
Monitoring Rewards
Through the GPool dashboard on our website, investors will be able to connect their wallets, stake their GPool tokens and monitor the rewards they earn. APY interest will be able to be calculated on a regular basis once the staking pool has been launched.
UNTIL STAKING PLATFORM IS LIVE PLEASE KEEP YOUR GPOOL TOKENS IN THE ORIGINAL WALLET GPOOL SENT THEM TO.
The Genesis DeFi Ecosystem
The staking pool will naturally evolve over time with feedback from our community and we are confident it will only be the start of what we hope will become a multi-layered DeFi ecosystem, offering our investors various options to maximize their yields.
Last modified 9mo ago
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