LGCY Pre-Staking Guide

General Overview

LGCY Staking can be compared to a savings account — it offers constant time-based returns based on staking time. In other words, the longer you stake, the higher the rewards. That may seem basic, but LGCY Staking is unique in many ways.

The Staking Pools:

There will be three staking pools: Gold (short), Platinum (medium) and Diamond (long), each with different terms. Only one option can be chosen per wallet.

  • Rewards: 56% APY
  • Maturity: December 8th 2020
  • Pool size: 1 Billion LGCY
  • Time period to contribute: 7 days
  • Minimum amount staked: 500,000 LGCY
  • Rewards: 56% APY
  • Maturity: March 8th 2021
  • Pool size: 2 Billion LGCY
  • Time period to contribute: 7 days
  • Minimum amount staked: 500,000 LGCY
  • Rewards: 56% APY
  • Maturity: September 8th 2021
  • Pool Size: 3 Billion LGCY
  • Time period to contribute: 7 days
  • Minimum amount staked: 500,000 LGCY

Requirements for Staking

Here are the requirements to be aware of.

Early Withdrawal

LGCY Staking offers an early withdrawal option for flexibility. Early withdrawal can be at any time, but early withdrawals will receive no rewards.

Staking Steps for LGCY.Network:

  1. Go to staking page.
  2. Connect wallet.
  3. Choose option.
  4. Send LGCY.
  5. Get LGCY back and USDL rewards at the end of staking.

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LGCY NETWORK

LGCY NETWORK

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LGCY Network is a DPoS, open-source blockchain protocol with industry-leading transaction speed and flexible utility. https://lgcy.network