TryHards

As many of you know, we are approaching the release of our Alpha version. We are extremely thrilled and we are counting the days until we can finally share this with our community. In the lead-up to this cataclysmic event in TryHards history, we thought it was time to offer our lovely, loyal community some great news to be excited about. Without further ado, here it goes, a single staking mechanism for $TRY tokens is coming to the TryHards dApp, and as if that wasn’t enough, we are also increasing daily staking rewards!Single Staking Mechanism for $TRYFor the single staking mechanism, we will be integrating 3 different staking pools, each with a different lockup and APY.<ul><li>3 months — 15% APY</li><li>6 months — 25% APY</li><li>12 months — 35% APY</li></ul>As you can see, the longer you choose to stake your TRY tokens, the higher your APY will be. Rewards can be claimed either in TRY or gTRY, a new in-game currency which will be introduced later and can be used to perform certain actions in-game. We will also be integrating a gTRY multiplier which will vary depending on the staking pool chosen:<ul><li>1-year lockup — 2x gTRY multiplier</li><li>6 months — 1,5x gTRY multiplier</li><li>3 months — 1x gTRY</li></ul>For example, if you were to stake 10,000 and lock them for 1 year, you could choose between receiving 3500 TRY or 7000 gTRY as a reward.Finally, we will also introduce a staking leaderboard, and the Top 10 stakers will be rewarded with prizes galore. Stakers will earn points depending on how much TRY they stake, as well as the pool they choose to stake it in. These points will operate with the same multiplier as gTRYWe also have a staking leaderboard. Where the top 10 stakers will be rewarded big prizes. Stakers will get points dependent on how much TRY they stake and which pools. Points have the same multiplier as gTRY. Below is an example:10,000 TRY and 1-year lockup = 20000 points5,000 TRY and 3-month lockup = 5000 pointsTotal = 25000 points.As mentioned above, the single staking mechanism for TRY is not the only big update incoming. We will also be implementing a massive increase of daily staking rewards. Keep reading to find out more.Staking Reward Increase — What You Can ExpectIn short, the staking reward pool is going to be considerably larger, earning players higher staking rewards every day in proportion to the total reward pool. This means that the NFTs players have in their possession, as well as the ones they buy after the increase, will be more valuable. Here is a table showing the reward structure in comparison to the one in place until now:<img src="https://miro.medium.com/max/684/1*_Yz_bczGyNwMxVAEn3GtKQ.png">New vs. Old Staking Reward StructureBut that’s not all, TryHards! In addition to increasing the standard rewards for the staking of your NFTs, we will also be increasing the extra rewards for owning Fanatic Sets. As you know, being in possession of all Fanatics in the same Faction in the same level of quality grants players a Universe Power bonus. Well, these bonuses will also increase!<img src="https://miro.medium.com/max/674/1*-jP-mboTpzh1J7DLrfCAog.png">New vs. Old Fanatic Set Bonus StructureThere it is, TryHards! We hope you are as excited as we are about this development. Stay tuned for more upcoming great news. We are currently working on new updates for the dApp, including the integration of a staking mechanism for $TRY. More info soon!TryHards Socials<a href="https://tryhards.io/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://www.youtube.com/watch?v=ucAOD-JSxWY" rel="noopener noreferrer nofollow">YouTube</a> | <a href="https://tryhards.medium.com/" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://twitter.com/tryhardsio?lang=en" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/Tryhards_io_official" rel="noopener noreferrer nofollow">Telegram|</a><a href="https://discord.gg/MKQgqXMp2r" rel="noopener noreferrer nofollow">Discord</a>

Single-Staking Mechanism and Increasing Staking Rewards — All You Need to Know

bronson

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