EJS Staking and Farming Features

Published in

ENJINSTARTER

4 min readJan 17, 2022

Enjinstarter’s latest rollout in Project Turbocharge just keeps getting better! Staking and Farming will go live on 18th January 2022.

Crypto launchpads have become a very important source of early allocation opportunities, but people tend to overlook the lucrative potential of Staking and Farming.

These opportunities are usually driven by the increasing need for liquidity by startups and investors.

If you are looking for a simpler way to leverage your existing tokens, staking and farming is the way to go.

Highlights

Transfer EJS and wEJS Tokens between ETH and BSC networks via the ETH-BSC Bridge
Receive token reward through EJS Staking and Farming Pools
Required staking for users to be able to participate in IDOs

Current Live Pool: 30 Days (ETH & BSC)

Please note that users can currently participate in the 30 Day ETH and BSC Pools.

Longer duration pools with higher APY’s will be deployed once the 30 day pools are finished.

What you need to know about EJS Staking and Farming

EJS will deploy 5 Staking pools with varying durations for both ERC20 and BEP20 EJS tokens. The durations range from 30 to 1800 days, with minimum APY’s from 50%-500% and Initial APY of 5,000% to 50,000%

Why should you stake?

In addition, users would have to stake their tokens to be able to participate in future IDOs. This will be implemented by 21st January 2022. Announcements for IDOs in the next coming months will be shared on all Enjinstarter social media accounts.

When should you stake?

Participants will have the opportunity to gear up for staking when it goes live on 21st January 2022 and ensure that they are fully staked before 1st February 2022 for a seamless experience in joining IDOs.

More exciting things are lined up for Project Supercharge and we’re not even halfway. Stay updated with the latest developments by following our socials.

What do you need to get started?

In order to participate in the Staking Pools, head on over to: staking.enjinstarter.com

Connect your wallet using “Connect Wallet” at top right corner of your screen (either through Metamask or Wallet Connect)

If there is a green light next to your wallet, that means your wallet is connected. Make sure you have EJS tokens to stake and ETH to pay for gas.

Go to the menu bar on the left corner of the dashboard and select “Staking”

Click “Active Campaigns”. From there you will be able to see the general overview of available staking campaigns.

Staking Steps

After you have connected your wallet (Ethereum or Binance), choose the pool that best suits your staking preferences and click the stake.

In this example, we will be staking in the ETH pool.

In the STAKE EJS prompt, approve EJS tokens if you are using the portal for the first time.

Confirm on Metamask

Add the number of tokens you want to stake

Confirm the Metamask Gas Fee charge

You are done!

When the transaction is completed, you will be able to see your active staking campaign on your dashboard.

With the launch of this enhanced staking rewards system, EJS hopes to improve on our community staking model by providing holders with more opportunities to earn additional rewards and also having more time to stake their tokens so they can maximize their earning potential.