STYLE Protocol Launches Staking Feature, Offering Token Holders Access to Exclusive Benefits
Zug, Switzerland, August 5th, 2024, Chainwire
STYLE Protocol is proud to announce the debut of its $STYLE token staking feature. With this launch, the protocol, which transforms NFTs into cross-game 3D assets, will give token holders access to the much-awaited Sulfurions NFT collection, among other unique perks, through a tiered system that unlocks various rewards.
The launched staking feature has three tiers, each offering an increasing reward. Tier 1 entails staking 2,000 STYLE tokens and offers two minting opportunities: one guaranteed Sulfurions mint and one first-come, first-serve mint. The holder also gets an extra mint if they are whitelisted.
Additionally, Tier 2, which requires staking 20,000 STYLE tokens, provides four minting opportunities: two guaranteed Sulfurions mints and two first-come, first-served mints. Voting privileges and the option to invite friends are also unlocked at this stage. Holders who are on the whitelist get one extra mint.
Further, Tier 3 is the highest, offering ten minting possibilities total—five guaranteed Sulfurions mints and five first-come, first-served minting opportunities—but involves staking 200,000 STYLE tokens. Tier 3 stakers receive a portion of prizes from the STYLE Protocol treasury in addition to friend invites and voting privileges. This tier’s whitelisted holders get one extra mint.
Leo Hilse, the Founder of STYLE Protocol, stated, “We’re thrilled to introduce our staking feature, which not only rewards our token holders but also provides exclusive access to our Sulfurions collection. This marks a significant milestone in our journey to create a truly interconnected gaming ecosystem.”
The staking feature unlocks further benefits. Users may earn USDT by encouraging others to join the STYLE ecosystem, promoting community growth. Higher-tier stakeholders can additionally receive a percentage return for their staking from the STYLE Protocol treasury.
Notably, this staking announcement follows STYLE Protocol’s previous triumphs, which include a $2.5 million initial financing round and the launch of $STYLE on key exchanges, including Bitget, MEXC, and Uniswap. The protocol is indeed progressing toward enabling genuine interoperability for digital assets between games and metaverses.
About STYLE Protocol
STYLE aims to help gamers transcend identity across the multiverse — meaning NFTs and other virtual assets can be used in any game, anywhere. The protocol’s focus on interoperability is designed to enhance adoption, tear down barriers to entry, and deliver a world-class experience for players.
Users can follow STYLE Protocol across its social media channels: