Yes, a 5% tax is applied to the staked amount if withdrawn before the end of the staking period.
Shiraverse Latest Questions
Yes, there are other ways to earn smaller amounts of WatPoints, such as participating in Arc8 Mocaverse Season challenges and the GAMEE Zealy quest. Stay updated through official channels for more opportunities.
Requirements vary by episode:Episode Two (WatPoint Mine): A Telegram account. Episode Three (GMEE Hard Staking): An Ethereum wallet with GMEE tokens and a minimum staking amount of 1000 GMEE.
While holding GMEE tokens is necessary for certain episodes like hard staking, you can still participate in other episodes or events that do not require GMEE holdings, such as the Telegram mining activity in Episode Two.
Yes, withdrawing your staked GMEE before the end of the staking period incurs a 5% tax on the staked amount. This penalty is designed to encourage participants to complete the full staking period.
You can track the number of WatPoints you have collected by logging into your account on the Wat Protocol website or checking the respective platform where you earned the points, such as Telegram or Arc8.
Currently, WatPoints are non-tradable and are meant to be collected through participation in the Wat Protocol. Their exact use will be revealed in the final episode.
New episodes of the Wat Protocol are announced periodically. Stay tuned to official channels like Telegram, Twitter, and Medium for announcements and updates on upcoming episodes.
There was a bonus WatPoint reward for previous GMEE holders on Polygon, but the main activities and rewards within the Wat Protocol are designed for the Ethereum network.
The minimum staking amount for Episode Three is 1000 GMEE. There is no upper limit on how much GMEE you can stake.