STAKE ACROSS THE GALAXY
The W3 race to decentralize Web3 infrastructure is live, and we want to celebrate it with all the riders in the W3 Galaxy.
We are thrilled to unveil our Stake Across The Galaxy competition, the most awaited Staking & Delegation Competition, where our riders can stake their $INFRA tokens to earn high APYs & multiple galactic rewards.
Get ready to accelerate your $INFRA holdings and sprint towards unexplored rewards!
The race to 1M $INFRA
This ain’t a club, it’s a gang, and we are all riding toward decentralizing the infrastructure of Web3.
In the collaboration spirit, our “race to 1M $INFRA” is designed to increase the staking rewards for the community participating in our outstanding vision of Web3 with multiple incentives and rewards across each of these milestones, or as we call them: pit stops.
As each one of the pit stops is achieved, the bigger rewards are unlocked for the participants.
The pit stops:
There will be 6 pit stops to achieve during the race and each one of these levels will unlock higher numbers of winners:
When each pit stop is reached, there will be a raffle giveaway.
Prize pools
There are 3 prize pools (Prospect, Enforcer, and Road Captain). Each of them offers a different amount of $INFRA airdropped.
The staking levels you need to achieve to be in those pools are as follows:
- Prospect Pool(10–500 $INFRA staked) — 100 $INFRA/raffle winner
- Enforcer Pool(500–2000 $INFRA staked) — 250 $INFRA/raffle winner
- Road Captain Pool — (2000+ $INFRA staked) — 1000 $INFRA/raffle winner
Example: when level 4 is achieved, there will be a 17,200 $INFRA airdrop distributed as follows: 12 winners x 100 $INFRA each, 12 winners x 250 $INFRA each, 13 winners x 1000 $INFRA each.
Wen staking?
Thursday 1st of June
How long is the competition?
3 months, from the 1st of June until the 1st of September.
The race to the top 10 contributors
This is not all, the bravest riders will have their place awarded in our way to achieve this race.
As simple as it gets, stake $INFRA tokens, be in TOP-10 delegators at the end of the competition, and get rewarded!
The bigger the $INFRA bag you stake, the higher your chances of getting into the TOP-10. Do not worry, there will be a way to check how much $INFRA you need to add to get into the TOP-10. More details soon.
The reward for the TOP-10 participants will be guaranteed and the team at Bware Labs has set aside a total prize pool of 20,000 $INFRA which will be distributed according to the following table:
Why staking with BlastAPI?
Blast API represents the next generation of blockchain API technology and its mission is to decentralize and improve access to blockchain for Web3 builders. Unlike, centralized providers with lower performances, we heavily rely on our Node Providers and our community to achieve our mission.
In this spirit, the Blast Staking Protocol is designed to incentivize both Node Providers as well as Delegators (stakers) in a fair and lucrative way.
The general Blast APY, which refers to the total staked amount within the protocol for the initial period is 15%. This represents the maximum rewards that a Staking Pool can earn.
The rewards earned by a Staking Pool will be split between the Node Operator and its delegators (stakers).
The APY earned by each delegator (staker) depends on the commission and performance of the staking pool they delegated to. Delegators can expect to earn an estimated APY ranging from 8% to 12%.
How to stake with BlastAPI?
The staking process within the Blast API is incredibly simple. All you have to do is navigate to https://blastapi.io/explorer (which will be released after the token listing on May 30th) connect your wallet and select from the list of available staking pools.
For a step-by-step guide on how to stake $INFRA tokens successfully please follow this tutorial on Blast API docs.
Please remember that in order to reduce each delegator’s transaction fees and make delegations more appealing to everyone, the Blast Staking protocol was deployed on Avalanche so if you purchased $INFRA from any of the available exchanges and hold it on the Ethereum chain, you will have to bridge your tokens to Avalanche via the Avalanche Bridge.
If you don’t know how to bridge your tokens to Avalanche please follow the steps in this guide. If you are still having trouble bridging your tokens please contact our team in Discord and we’d be happy to help.
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