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The goal of staking tier is to stake utility WE tokens with a predetermined amount within a certain period of time to get a platform fee discount. The higher the tier, the bigger the platform fee discount will be.Let us see the steps on how to stake tier!Connect the wallet and switch to the Klaytn network. Make sure the WE token deposit is according to the desired tier and claims for gas fees. In the pre-stake system, the number of WE tokens and klay will be checked. Checklist or fully understand and agree with the Ranking System. Click next, enter the number of WE tokens according to the desired tier. Then approve, confirmation &amp; complete. The current rank and the number of WE tokens staked will be displayed at the top of the tier column. Users can upgrade to a higher tier.Staking Tiers:There are 4 tiers, namely:1.White2. Red3. Purple4.Black-White Tier is the default tier for each user and does not get platform discount fee benefits.-The next tier, namely Red Tier users must stake a min *20 $WE and without having to wait for staking days, Red Tier has a Withdrawal delay for tokens that have been staked, which is *5 days. The benefit of the Red Tier is getting a discount of 25% of transactions from the platform fee.-Next is Purple Tier. Here the user has to stake a min *500 $WE and has a staking waiting period of *60 days to advance to this tier. The withdrawal delay for tokens that have been staked is *8 days. The benefit of the Purple Tier is getting a discount of 50% of transactions from the platform fee.-The last tier is Black Tier. This Highest Tier user must stake a min *1000 $WE and has a staking waiting period of *90 days to advance to this tier. The withdrawal delay for tokens that have been staked is *30 days. The benefit of the black Tier is getting a discount of 100% of transactions from the platform fee.Note:*The amount written is subject to change as written above is just an exampleUnstake Staking TiersPolicy of Unstake Staking Tier:1. UNSTAKING POLICIESBy unstaking, you will lose your current rank. Your rank will return to white after unstake which means you no longer receive a discount when lending/renting in the system.2. WITHDRAW DELAY TIMEExample: Your current rank is Red, withdrawal delay time is 5 days. After 5 days, you will be allowed to withdraw your $WE. If you unstake before 5 days, you will be penalized 15% of your staked amount.So, that&#39;s a wrap for today’s information, we hope you all enjoy the read! Stay tuned for next week’s upcoming news and don’t forget to follow our social media accounts.Thank you!Follow us onWebsite | <a href="https://werentnft.io/" rel="noopener noreferrer nofollow">https://werentnft.io/</a>Instagram | <a href="https://www.instagram.com/werent_nft/" rel="noopener noreferrer nofollow">https://www.instagram.com/werent_nft/</a>Twitter |<a href="https://twitter.com/WebuyOfficial" rel="noopener noreferrer nofollow"> </a><a href="https://twitter.com/WerentOfficial" rel="noopener noreferrer nofollow">https://twitter.com/WerentOfficial</a>Medium |<a href="https://medium.com/&#64;webuynft" rel="noopener noreferrer nofollow"> </a><a href="https://medium.com/&#64;werentnft" rel="noopener noreferrer nofollow">https://medium.com/&#64;werentnft</a>Facebook | <a href="https://www.facebook.com/werentnft" rel="noopener noreferrer nofollow">https://www.facebook.com/werentnft</a>Youtube | <a href="https://www.youtube.com/&#64;WeRentNFT" rel="noopener noreferrer nofollow">https://www.youtube.com/&#64;WeRentNFT</a>

Benefits of Staking Tier!

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