Staking
Last updated
Last updated
How to Stake TGM Tokens:
Access the Staking Platform: Go to the staking platform provided by Tagomi.
Connect Wallet: Connect your wallet that holds the TGM tokens to the staking platform.
Choose Pool: Select the pool you want to stake your TGM tokens in based on the amount you hold.
Enter Amount: Enter the amount of TGM tokens you wish to stake in the chosen pool.
Confirm Staking: Confirm the staking transaction and wait for it to be processed.
Staking Period: Your staked TGM tokens will be locked in the chosen pool for a period of 10 days.
Earn Rewards: During the staking period, you will start earning staking rewards based on the APR (Annual Percentage Rate) of the chosen pool.
Pool 1 - 1000 to 40,000 TGM:
APR: 20%
Benefit: Users staking between 1000 to 40,000 TGM tokens will receive an APR of 20%, meaning they will earn a 20% annualized return on their staked TGM tokens.
Pool 2 - > 40,000 to 120,000 TGM:
APR: 40%
Benefit: Users staking between > 40,000 to 120,000 TGM tokens will receive an APR of approximately 40%, offering a higher annualized return compared to Pool 1.
Pool 3 - > 120,000 to 400,000 TGM:
APR: 80%
Benefit: Users staking between > 120,000 to 400,000 TGM tokens will receive an APR of approximately 80%, offering the highest annualized return and significant rewards for staking a larger amount of TGM tokens.
Passive Income: Staking TGM tokens allows users to earn passive income through staking rewards without actively trading or participating in the market.
Higher Returns: By staking larger amounts of TGM tokens, users can benefit from higher APRs, leading to potentially higher returns on their investment.
Community Participation: Staking also contributes to the stability and security of the Tagomi network by incentivizing token holders to actively participate in securing the network.
By following these steps and understanding the benefits, users can effectively stake their TGM tokens and earn rewards while contributing to the Tagomi ecosystem.
