Stake Your $MOCA and Moca NFTs

Animoca Brands
Mocaverse
Published in
3 min readJul 11, 2024

TL;DR on $MOCA Staking 1.0

  • $MOCA Staking 1.0 will go live on Day 0 at TGE
  • Holders who stake $MOCA will earn Staking Power at a 0.000001 Staking Power/ second rate
  • Staking Power unlocks exclusive access and benefits within the Moca Network including access to MocaList token sales, staking pool rewards from a 10+ confirmed list of committed partners, and more high quality Moca Network partners being curated in the meantime
  • Early birds get the worm. We are rewarding early $MOCA stakers with an Early Staking Boost of +50% for the first 14 days only from July 11–25. Unstaking your $MOCA during this 14-day period will reset the Bonus Staking Power boost to 0 altogether (⁠Note: Approving or revoking delegations may impact your Moca NFT staking status⁠)
  • Moca NFT holders can soft stake their Moca NFTs to receive a boost to the Staking Power Rate. If you list, sell or transfer your staked Moca NFT, it will automatically be unstaked and you will lose the boost
  • For Moca NFT holders who chose “Claim Extra” for the airdrop, their 65% locked allocation will still be eligible to earn Staking Power during the 3-month cliff period (You must soft stake your NFT to activate)
  • Registered Moca ID holders will have their $MOCA airdrop automatically staked at TGE. If they unstake to withdraw, they will be disqualified from Round 2 Moca ID airdrop

Why Stake $MOCA?

  • Staking Power grants holders exclusivity in terms of experiences and rewards. Higher Staking Power means better access to reward pools
  • With Animoca Brands and Moca Network deal flow, we are able to onboard many high quality projects to the network, and sharing the success of these projects to those who are 1) Loyal 2) Active 3) Reputable
  • Each staking decision and duration accrues reputation to the holder, which might impact future rewards distribution
  • We are building a long-term reputation scoring system where reputable users are prioritized and incentivized to engage more within the network ecosystem
  • This is only version 1 of $MOCA staking. A value-based Staking 2.0 is in the making where reputation and engagement are taken into account. Keep your eyes peeled 👁️

Step-by-step Staking UI Walkthrough

--

--

Animoca Brands
Mocaverse

The leader in branded blockchain gaming. Animoca Brands website: www.animocabrands.com