πŸ›‘ IMPORTANT INFO!!!πŸ›‘
Read the thread below carefully, this is a reminder about the staking which takes place here: dashboard.jpegvault.io/staking

Full thread below πŸ§΅πŸ‘‡

#JPEGvault #Staking
- Beta Pool -

The rewards in this pool ended Friday at 10am UTC. You can now unstake and also claim what you earn.

- Staking & Dividend Pool -

Since the beta testing pool has worked well, we'll open the big stuff! Find schedule below:
🟒 Opening: today on Friday 1st April at 4pm UTC (not a joke)
🟒 JPEG Rewards starts: on 2nd of April at 11pm UTC.
🟒 JPEG Rewards ends: on 2nd of May at 11pm UTC.
🟒 30M JPEG will be distributed during 30 days.
Which means 1M JPEG / Day. Split between all participant according to their weight in the pool
🟒 Lock: lasts 30 days and give you a x3 multiplier.
🟒 Staking JPEG in the pool also allows you to earn WETH (dividend), that will be distributed from NFT sales.
πŸ›‘ REALLY IMPORTANT TO READ! πŸ›‘

🟒 Once the lock is over, you KEEP the x3 multiplier in the pool no need to unstake/restake! If you unstake only 1 JPEG, your multiplier falls to 1 and you'll have to lock another 30 days to get the x3.
🟒 if you stake JPEG without locking and then stake more and check lock: ALL YOUR JPEG STAKE WILL BE LOCKED.
🟒 If you stake JPEG and lock. You're only allowed to restake with lock: IT WILL BE LOCKED BY DEFAULT AND THE TIMER WILL START AGAIN ON ALL YOUR JPEG
🟒 You'll say "oh, but if after 30 days there is no more JPEG rewards, why keep them stake?"
That's because there is still WETH to earn!! Multiplier from lock is taken in account here too!
🟒 To keep earning WETH from NFT sales, your JPEGs needs to stay in the pool because that where we'll distribute them.

If you have any question. Hit us!

Thanks for your attention😊

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More from @JPEGvaultDAO

Mar 30
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So we have a lot to share #JPEGcommunity!
Let's get to it, roll the thread to read all of it πŸ§΅πŸ‘‡

🟒As we mentioned yesterday : we want to decentralize #JPEGvault;
🟒 Investing in NFTs takes a village because there is so much information on the market; Image
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🟒 We are still putting the finishing touches to our βš–οΈ Due Diligence process to make sure our NFT Portfolio is the reflection of the top 5% of NFTs across different verticals;
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🟒 Our vetting process is almost finalized as well and now we're ready to let the community participate and be rewarded! πŸš€
Read 4 tweets

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