The long wait is over.
Everybody can now stake their $EC on our casino and get monthly rewards in return.
Let us explain how our staking reward system works ;
1 - First you create a account on our casino : https://eternalcasino.com/
2 - Send at least 50.000 $EC to the casino
We decided to have a 50.000 limit which is 400$-500$ at the moment, in the future we might lower this amount but for now you stake if you hold more then 50.000+ $EC in your casino account.
3 - Done
The casino takes a snapshot every 1st day of the month and will distribute rewards to the stakers.
- Note : You have to hold it at least 2 weeks, otherwise you are not eligible.
SO YOU CANT STAKE ON THE LAST DAY OF THE MONTH AND UNSTAKE 1 DAY AFTER.
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Where do the stake rewards come from?
The casino earnings will be calculated every month and 10% of the casino earnings will be distributed to the stakers.
So for example if the casino earned 1.000.000 $EC in a month 100.000 $EC will be spread over the stakers.
We will have 2 stake limits : a pool for 50.000+ holders and a pool for 100.000+ holders
- 70% of the 10% will go to 100.000+ stake holders
- 30% of the 10% will go to 50.000+ stake holders
So if we use the 100.000 $EC as example : 70.000 $EC will be distributed over the 100.000 $EC stakers and 30.000 $EC to the 50.000 $EC stakers
So the more the casino get's used, the more stake rewards.
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Future stake rewards :
We are building our own dex/swap and eventually we will release our own cex.
Those platforms will collect fee's : All fee's will be disbributed to $EC stakers.
For now the casino is getting used for staking, but we are developing a new layer 2 system for staking.
The new system will allow people just to hold a certain amount of $EC in a wallet and get monthly rewards from our platforms. [ eth 2.0 hurry up!!!! ]
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For further questions you can always come to our telegram group.
There is always a admin willing to help you
Telegram : https://t.me/eternalcashec
