Font Staking is live

Hello Font Community,

We are thrilled to announce that staking is LIVE at https://dapp.font.community.

Why Should You Stake FONT?

By Staking $FONT, you receive yield!

Earn 24% APY in FONT

• Earn 24% APY for staking FONT.

Earn 3% NFT Sales Commission

• A total of 3% of NFT trade volume will be rewarded to those who stake FONT.
• E.g. If the total NFT trade volume per month is 100 ETH, 100,000 USDT, and 10,000 FONT, then 3 ETH, 3,000 USDT, and 300 FONT will be distributed to users who stake $FONT.
• Font.Community’s NFT font exchange will be live in both BSC and ETH networks in two weeks.
• The NFT exchange will include referral earnings, auction, royalty, etc. Compared to Opensea, the font exchange will have more features with significantly reduced transaction fees.
• The NFT exchange is ready for the public to test out next week. Your testing of Font.Community’s NFT font exchange will be rewarded.

Earn 3% Licenses Sales Commission

• Font.Community’s font licensing sales commission system works the same as NFT font sales commissions.
• We are launching a multi-token payment system this month.

Earn 1% of the Funds Raised by Font Creators

• Font creators can fundraise for their next font creation. This feature is publicly available for testing next week and will officially launch later this month.
• An equivalent of 1% of the total funds raised by font creators will be awarded to stakers.

Additional Services to Rewards

• Every utility or service within Font.Community will include a 4% commission that will be distributed to users who stake $FONT.

More Info

• The minimum amount to stake is currently 501 FONT, but that will be reduced to 100 FONT later this week.
• Snapshots of staking amounts will be taken every three months.
• Rewards will be distributed every three months.
• Unstaking before the three months time period will result in a 4% tax on unstaking — the tax collected will be burned.
• Staking contract: 0xBeBcb95Dce87db2DFD8792Ffb1c580d7475Ab2C1

How to Stake

1. Go to https://dapp.font.community/.
2. Connect your account with a $FONT balance with the ETH mainnet.
3. Go to the “Stake” page.
4. Wait for few seconds to load (We don’t have cache yet for web3 data).
5. Enter the amount you’d like to stake, with a minimum of 100 FONT. (Don’t use decimal points — there is an issue we are fixing soon).
6. Approve the FONT.
7. Stake it.

Wait, There’s More! Staking LP Tokens is Coming Soon!

FONT is ready to go multichain — the BSC bridge and Fantom bridge are already live. Earn rewards for locking the LP tokens for FONT/BNB pairs in PancakeSwap. The rewards will cover your impermanent loss in $FONT with a generous 24% APY in FONT. We’re working on adding Matic as well!

Get Pumped for Next Week’s Launches!

• Earn rewards for staking LP tokens for Pancake swap.
• Test the NFT font exchange.