GamerHash launches GHX staking with up to 25% APR for everyone!

GamerHash
GamerHash
Published in
2 min readFeb 14, 2022

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It’s time for big news for all the GHX HODLers! We have finally launched GHX staking for all our users. Some of you as private investors tried GHX staking before, now we are happy to announce that everyone can stake and earn rewards. Staking takes place on Binance Smart Network, so you can enjoy much lower fees and faster transactions.

Why it is worth stake GHX?

GHX Staking is good for the GamerHash community and project in many ways. Its purpose is to secure the project’s token ecosystem stability, and it has a positive impact on the price as it limits the circulating supply. On the other hand, investors prove their engagement and long-term commitment by staking their GHX.

Depending on how long you stake, you also receive the rewards with very attractive Annual Percentage Yield rates — up to 25% when all the pools are full!

Staking is available only on the Binance Smart Chain, so if you have your tokens GHX tokens in the ERC20 standard, you have to bridge them. The procedure is simple and easy — just follow the recently written tutorial on the topic — GHX Bridge to BSC.

Bridge tool: https://cbridge.celer.network/#/transfer

Staking Details

  • Max supply: 20 million GHX
  • Max rewards: 2.19 million GHX
*when all the pools are full

Please note:

  • Staking will be possible with BEP20 token standard GHX (Binance Smart Chain Network)
  • To bridge your ERC20 GHX tokens to BSC please use our Bridge Tool
  • You will not be able to unstake your GHX before the time lock period ends.

How to stake

  1. Ensure that the selected network in your wallet is Binance Smart Chain.
  2. Go to GHX staking panel: https://staking.gamerhash.io/
  3. Choose your staking lock period as well as the amount of the GHX coins, and click “stake”.

Please note: You will not be able to unstake your GHX before the time lock period ends.

4. Approve and confirm staking in your wallet — this will require two transactions (Approve and Confirm). After the transaction is confirmed, you will see your staked GHX and lock time in the staking panel.

Summary

Congrats to those who have decided to stake their $GHX coins! We are proud that you are part of the GamerHash family and we promise to keep delivering the best experience when it comes to mining, NFTs, and metaverse!

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GamerHash
GamerHash

760,000+ gamers share their GPU power to create a decentralized computing network. DePIN powered by GamerCoin GHX, supports generative AI & 3D rendering.