Staking Protocol

What token will be used to stake?

Ethereum will be used to stake. Rewards will also be paid out in Eth.

How does Poker Protocol fund these 8% yields every 45 days?

We’ve partnered with a top 10 casino worldwide to provide liquidity for all of the non-gambling aspects of the casino. The money staked will be transferred to our casino partner then returned 45 days later with interest.

Can staked funds be seen on chain?

Yes, all of our staked funds can be seen on chain. However, due to the nature of the partnership with the casino, the staked funds will have to be pulled from the contract and sent to our partners in Macau.

I don't want to play poker, but I want guaranteed 8% every 45 days, is this possible?

Yes this is possible, our yield gambling poker games will be completely optional and non participants will just get the standard 8% every 45 days.

Are there rewards for top stakers? Or a leaderboard to see?

In the first 3 cycles, stakers will be airdropped our genesis NFT. 1000 stakers from each cycle will be airdropped an NFT. Later on when we launch our premium NFT, your staking stats will play a role in determining if you're eligible for an airdrop or not. Stay tuned for more information on this!

When staking, can I still access the funds?

During staking, your funds get locked for 45 days. During these 45 days withdrawal will not be available. This is because all funds staked gets transferred to our casino partner and utilized within the casino for non gambling purposes.

How often does a new cycle begin? Where can I find out about the upcoming cycles?

Cycles open every 10 days. A more detailed schedule for all of our future staking cycles will be available on our website. If you want your money to be more liquid you can spread out your liquidity across multiple cycles.

When staking do I deposit my NFT for that 45 day cycle and is it gone? also ... with cycles opening every 10 days does that mean cycles overlap?

Stakers will have to stake the NFT when staking with our protocol. Just by holding the NFT in the staking wallet when depositing will NOT make you eligible for improved yields. And yes, staking cycles will last 45 days but a new staking cycle will open up every 10 days. This means at any given moment there will be a minimum of 4 staking cycles running simultaneously.

What happens if a user gets their wallet hacked or drained during a staking cycle?

Unfortunately we can't delegate or change anything during the cycle. Initials + the interest will automatically be sent to the wallet address that deposited the Eth.