LGCY Network Update: 07/01/2024
We are excited to announce the introduction of staking on ERC20 for the new LGCYX tokens, setting the stage for our upcoming token launch listings. Additionally, USDL staking will be available soon following the USDL OG airdrop. Please find the details below:
LGCYX Staking Pools
What is Staking?
Staking allows you to earn rewards by locking up your LGCYX tokens for a specified period. The more you stake, the greater your rewards!
Staking Options:
3-Month Pool:
● Total Rewards: 1 billion LGCYX
● Duration: 3 months
6-Month Pool:
● Total Rewards: 2 billion LGCYX
● Duration: 6 months
How to Participate:
● Contribution Period: You have one week to join the staking pools, starting tomorrow.
● Minimum Stake: 500,000 LGCYX
● Maximum Stake: No limit! Stake as much as you want.
● How to Stake: Simply send your LGCYX tokens to the staking contract, and you’re set!
How Rewards are Distributed:
● The more LGCYX you stake, the larger your share of the rewards.
● For example, if you stake 10% of the total amount in the pool, you will receive 10% of the rewards.
Key Dates:
● Contribution Period Starts: [Tomorrow’s Date]
● Staking Period Starts: [One week from Tomorrow’s Date]
USDL Staking Coming Soon
Following the USDL OG airdrop, we will be introducing USDL staking. Stay tuned for more details on how you can participate and earn rewards with your USDL tokens.
Important Information:
● We are aware that not all users have received their new tokens yet. The remaining tokens will be distributed by tomorrow night. If you haven’t done so yet, burn your old tokens at the burn address by tomorrow to be included in the distribution.
● For those wishing to switch from LRC20, DM us on Twitter or DM @LGCYman on Telegram. Be cautious of scams; if you are unsure, confirm with an official moderator in the chat or on Twitter.
● Currently, there is no marketplace to trade LGCYX tokens. We encourage OTC trades with community members but recommend having an official moderator broker the deal to avoid scams. We can facilitate OTC trades but encourage investors to engage with each other first.
A follow-up update will be released tomorrow with additional details and instructions.
Thank you for your continued support!
