Duelist King Staking Guide: How to Stake $DKT
Hi Duelist King Community! We are proud to announce the Duelist King staking reward program, where you can stake DKT for NFTs. The Staking reward program will start on January the 25th and feature an NFT prize pool of $200,000.
Our staking program is the next step for Duelist King as we approach game launch. We are incredibly excited to announce this feature. We cannot wait for you to start staking DKTs.
This article will provide a comprehensive guide on how to stake DKTs — helping you to prepare to stake on January the 25th:
Step 01: Access our official website: https://duelistking.com/ and then click the Sign-In button on the top-right.
Step 02: Sign in here, if you already have a Duelist King account, you can use it to log in and proceed to the next step.
Alternatively, you can quickly register a new account by clicking on the Register. Besides, you can also use your Google, Facebook account or Metamask wallet to proceed with instant login.
Step 2: Once signed in, click the staking button on the navigation bar.
Step 3: Enter the required amount of DKT you want to stake between 10–1,000 $DKT and click stake.
Step 4: A dialogue box will pop up, confirm how much you want to stake by clicking the confirm button
Step 4: You should now see the amount of DKT staked, your estimated reward and when the Staking will end. Congratulations, you’ve officially staked $DKT!
Step 5: If you want to unstake your tokens, you need to click the unstake tab and the unstake button.
Step 6: Once you have clicked the unstake button you can now claim NFT rewards.
However, be warned if you unstake before February the 20th, you will be penalised with a 2% fee and receive 50% fewer rewards.
Frequently Asked Questions
When will the staking start, and how long will it last?
The staking period will start on January the 25th 1:00 PM UTC and end on February the 20th.
How much can I stake a day?
There is no limit to how much you can stake per day as long as it is under the 1000 DKT threshold per wallet.
What is the Max Staking and Reward pool?
The max staking pool is 400,000 DKTs, and a reward pool of 40,000 NFT boxes ($200,000).
How much can I stake per wallet address?
You can stake anywhere between 10 DKT and 1,000 DKT per wallet.
What happens if I unstake before February the 20th?
Important: Users have to unstake in the full amount. Those who unstake before February the 20th will be penalised a 2% fee and lose 50% of their rewards!
When will rewards be distributed?
Rewards will be distributed at the latest on February the 28th.
The Next Step for Duelist King
Staking is the next step for Duelist King in releasing our first generational NFT card game.
Make sure to follow the Duelist King social media accounts to stay up to date with DK as we approach the launch of Duelist King.