News about $LOCG MCW Pools on KuCoin and Ferrum Network Staking NFT Program
Attention Legends! Did you stake $LOCG in our MCW pools with Kucoin and/or Ferrum Networks? If so, then keep on reading… we got some news for you!
First and foremost, we’d like to again thank our beloved community members for participating in the Michael Carter-Williams staking programs on KuCoin and/or in partnership with Ferrum Network. Congratulations to all of you who staked your $LOCG within the supported pools!
As you all know, those who participated will now be eligible to receive exclusive LOCGame NFT rewards, including special NFT cards from NBA star Michael Carter-Williams.
Ferrum Network Staking Pool
1.7 million $LOCG is currently staked in this pool and we’re very happy to bring some exciting news to our investors!
You asked, we listened! We will bridge the difference in rewards/maturity between Kucoin and Ferrum pools.
What changes?
APR for early withdrawals will increase from 5% to 15% as of 30 November 2021.
NFT rewards will be adjusted to suit our new gameplay, so stakers will be able to play the game at the Alpha 2.0 launch on 12 December 2021.
LOCG Staking Brackets and new NFT rewards:
- 400–3,999: 2 x Genesis Standard Packs + 1 Genesis Prestige Pack
- 4,000–39,999: 2 x Genesis Standard Packs + 1 Genesis Prestige Packs + 1 MCW Standard Pack
- 40,000–79,999: 2x Genesis Standard Packs + 1 Genesis Prestige Packs + 1 MCW Elite Pack + MCW Prestige Pack
- 80,000+: 2 Genesis Standard Packs + 1 Genesis Prestige Pack + 1 Genesis Elite Pack + 1 MCW Prestige Pack + 1 MCW Elite Pack
What’s inside the packs? It’s a surprise! We’re going to release an article prior to the marketplace launch with all the juicy details.
What you need to do: To get your extra 10% APR after Early Withdrawal starting from 30 November:
- Withdraw from the Ferrum Pool using Metamask (from November 30)
- We will take 2 to 3 working days to send the 10% APR to your wallet manually. Bear with us, as this cannot be automated with the staking smart contract being deployed under current conditions.
- To receive your NFT rewards, please reach out to our team members Ngoc or Andria on Discord (Ngoc#5865 or Andria#8540), Telegram (@hoaiingoc or @AndriaEfstath) after the funds were claimed (early withdrawal) providing your wallet address.
KuCoin MCW Staking Pool
APR rewards of 15% for the KuCoin staking pool of 6 million $LOCG have already been distributed. Read further to learn about your NFT rewards.
What changes?
NFT rewards will be adjusted to suit our new gameplay style, so stakers will be able to play the game at Alpha 2.0 launch on 12 December 2021.
LOCG Staking Brackets and new NFT rewards:
- 400–3,999: 2 x Genesis Standard Packs + 1 Genesis Prestige Pack
- 4,000–39,999: 2 x Genesis Standard Packs + 1 Genesis Prestige Packs + 1 MCW Standard Pack
- 40,000–79,999: 2x Genesis Standard Packs + 1 Genesis Prestige Packs + 1 MCW Elite Pack + MCW Prestige Pack
- 80,000+: 2 Genesis Standard Packs + 1 Genesis Prestige Pack + 1 Genesis Elite Pack + 1 MCW Prestige Pack + 1 MCW Elite Pack
When will you receive your rewards? Our original target for rewards distribution was set for today, November 24, 2021. Unfortunately, we’ve experienced a small delay in the timing for when users will receive their rewards.
Additional details can be found below regarding this delay and what you can expect in the next week. The date changes from 24 November to 30 November or 1 December, which is related to the marketplace launch date and our smart contract deployment.
What do you need to do? Nothing — in the period of 30 November — 12 December, you’ll receive your NFT rewards directly to the wallet provided us with.
Additional Information
As a note, the exclusive MCW card packs will have a slightly different structure than our typical 20-card packs — MCW card pack rewards from this staking program will come with a maximum of 3 cards per pack, with each card containing a different rarity. These cards will also come in the form of avatars and will be able to play once in the game, giving everyone a huge advantage!
We appreciate everyone’s continued support and hope you enjoy your soon-to-be NFT rewards!
Questions? Don’t hesitate to write to us at info@locgame.io
Love,
LOCG Team
