PIKA Staking is HERE!

GameFi
1 min readNov 29, 2021

Staking! One of the core aspects of our ecosystem and a major component of PIKA’s Gamefied Tokenomics! Want to earn some PIKA and ETH!? Simply stake your PIKA in the pool and accumulate more PIKA as a reward while also earning ETH! Simple right?

Let’s give you a bit more detail then! Your staking rewards automatically accumulate in your wallet. Rewards will automatically accumulate, coming from evolutions and 2% from PIKA transactions. No entry or exit fees with Pika Staking ! All you pay is the gas fee!

Still with us? Then let’s run through the GameFi elements! What affects your ROI (Return on Investment)? 1.) The number of people that enter the staking pool! The more people that enter, the lower the overall rewards per investor. 2.) The more people evolve their PIKA for THUNDER, the more an individual that stakes is rewarded! 3.) The more popular PIKA gets, the more it gets bought and sold and therefore the more rewards received for staking! Simple right? Just bear in mind, staking may not be for you depending on how much you hold. With PIKA there is always another way to benefit. PIKA — The Pioneers of GameFi — How will you play the game?

Check it out at Pikacrypto.com

#PIKA #ETH #CRYPTO #DEFI

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