How to Stake $GEMS

How to stake $GEMS and earn up to 20% APY in $ID tokens…

Step 1

Sign up for an EverWallet at https://wallet.everest.org/

Step 2

Go to your EverWallet dashboard and copy your wallet address

Step 3

Send your $GEMS tokens (on Ethereum) to the EverWallet address you’ve just copied (if they are in an external wallet)

Step 4

1. Go back to your EverWallet and click ‘Earn’ on your dashboard
2. Click the ‘GEMS’ tab
3. Click ‘To EverChain’ and move your tokens from Ethereum mainnet to EverChain

Step 5

Stake your $GEMS tokens for 365 days (for up to 20% APY paid in $ID tokens)

• To earn reward tokens you must stake GEMS on ‘EverChain’. Staking GEMS for a 365 day commitment will earn up to 20% APY in ID tokens
• There is a 10M maximum supply of IDs for staking GEMS. For the purpose of calculating 20% APY, the price of ID is set at $0.10/ID; as such, the actual APY may go much higher if ID price appreciates. ETH is required to pay gas fees to move to EverChain
• Once stake is completed, GEMS and the rewarded IDs will be moved back to your wallet, and the appropriate gas fee deducted

Join the $GEMS Community

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Telegram Community: https://t.me/GEMS_Token_Community

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