New Lumerin Staking Pool Announced — Start Pre-Staking Today!

Lumerin Protocol
Lumerin Blog
Published in
2 min readNov 26, 2024

Dear Lumerin Community,

We are thrilled to announce the launch of the latest phase of our staking program, designed to offer new opportunities and flexibility for our community.

This exciting new staking pool will officially open on December 1st, 2024, but pre-staking starts today, giving you the opportunity to secure your spot early.

Staking Pool Overview

Following the success of previous staking rounds, this new pool brings a total distribution of 1,500 MOR tokens.

As always, these tokens will be allocated proportionally based on your staking duration and contributions, ensuring fair returns for everyone who participates.

We’ve introduced updated lock-in periods and enhanced weighted multipliers to make this pool even more rewarding for both short-term participants and long-term supporters.

Staking Periods and Multipliers

  • 1 month (30 days): 1x weighted multiplier
  • 3 months (90 days): 2x weighted multiplier
  • 6 months (180 days): 4x weighted multiplier
  • 9 months (270 days): 8x weighted multiplier

The longer you stake, the higher your multiplier, allowing you to maximize your share of the 1,500 MOR distribution.

Why Pre-Stake?

Pre-staking is your chance to lock in your LMR tokens before the pool officially opens.

In other words, you’ll secure your participation from the very first second the pool goes live, ensuring you maximize your stake performance.

Here’s why pre-staking is a game-changer:

  • Convenient: No need to manually join the pool on December 1st.
  • Early Placement: Lock in your tokens today and start accruing MOR tokens immediately when the pool launches.
  • Set-and-Forget: Pre-staking is designed to make your participation seamless and stress-free.

To pre-stake, visit the Lumerin Staking website today and follow the simple instructions.

Key Details to Remember

  • Once staked, deposits cannot be altered, but you can add new deposits with separate lock-in periods.
  • Earned MOR tokens can be withdrawn anytime during the staking period, but your staked LMR tokens remain locked until the chosen period expires.
  • At the end of the lock period, you can choose to unstake your LMR tokens or leave them staked to continue earning at the same rate.

Mark Your Calendar

  • Pre-staking begins: Today!
  • Staking pool opens: December 1st, 2024

Don’t miss this opportunity to contribute to our mission and earn rewards in the process. Visit the Lumerin Staking website now to pre-stake and secure your place in this exciting new pool.

Let’s continue building the future of decentralized systems together!

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Lumerin Blog
Lumerin Blog

Published in Lumerin Blog

Sublayer network where users can access all kinds of data as RWAs: Bitcoin hashrate or AI compute power, in a completely secure, frictionless & P2P manner

Lumerin Protocol
Lumerin Protocol

Written by Lumerin Protocol

Sublayer network where users can access all kinds of data as RWAs: Bitcoin hashrate or AI compute power, in a completely secure, frictionless & P2P manner

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