Bezogia by ZOGI Labs
  • Sign up for Beta
  • 🎮Legends of Bezogia
    • INTRODUCTION (QUICK LINKS)
    • A Fully Decentralized Gaming-As-A-Service Platform and Limitless MMORPG Gaming Metaverse Designed for Non-Crypto People
      • The Key to Decentralization For Everyone
      • How a Limitless MMORPG defines a true Gaming Metaverse
      • Data and Metrics on Gaming Economy and User Generated Content and Worlds
    • Technicals (Sustainability Mechanics and Incentive Logic embedded with Decentralized Tech)
      • Algorithmic In-Game Reward Pools
        • Pool Replenishment and Revenue
        • In-Game Reward Pool Simulations
      • Core Mechanics: Minting, Summoning, Renting, Staking and Trading
        • Minting (Crafting Weapons)
        • Summoning (Breeding of Bezogi)
        • Renting (Rental Reward Pool)
        • Staking
        • Trading (Marketplaces and Pawn Shops)
      • Game Technology
  • Token Overview / Roadmap Team / Social Impact
    • What are Magical Blocks? ($MBLK)
    • $MBLK Tokenomics
    • Game Overview
      • Creators Economy Of Bezogia (DGaaS)
      • Legends of Bezogia (MMORPG)
        • How do I play ? (Whitepaper V1)
      • The Economic Nexus
      • What are Bezogi NFT ?
        • Petzogi
      • The Magical Worlds of Bezogia
      • Virtual Real Estate (Land)
    • Roadmap
    • Social Impact
    • The Team
  • Chronicles of Bezogia
    • Storyline / Lore
      • Chapter 1: Genesis
      • Chapter 2: The Golden Age
      • Chapter 3: The Great Migration
    • Characters
      • The Trolls
      • The Social Justice Warriors
      • The Keyboard Warriors
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  1. Legends of Bezogia
  2. Technicals (Sustainability Mechanics and Incentive Logic embedded with Decentralized Tech)
  3. Core Mechanics: Minting, Summoning, Renting, Staking and Trading

Staking

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Last updated 1 year ago

Staking is a fundamental mechanism that allows users to lock their cryptocurrency to receive rewards. Traditionally, staking protocols offered rewards in the form of the same token that was staked. However, Bezogia introduces a unique approach, offering both fixed and dynamic staking rewards. This innovative system ensures that stakers not only receive a fixed allocation of $MBLK but also benefit from in-game revenues generated from various actions.

Rewards for Staking:

  • Fixed Reward Pool: A set amount of $MBLK released linearly over a specified period.

  • Dynamic Reward Pool: This pool accumulates rewards from various in-game actions, such as:

    • Fees from summoning activities.

    • A percentage of in-game revenues, which are in various forms like ETH, USDT, or $MBLK.

    • A portion of the profits from the Bezogi rental pool, paid in $MBLK.

    • Fees incurred from early withdrawal of staked assets.

    • Rare NFT Lottery Rewards: Stakers have the chance to win rare weapons, armors, and items through a lottery system.

Staking Options:

  1. Single Staking Pool: Users can stake their $MBLK tokens in this pool. Once staked, the tokens will be locked for the first 30 days.

  2. LP Staking Pool: This pool is designed for liquidity providers, allowing them to stake their $MBLK tokens. Similar to the single staking pool, tokens staked here will also be locked for the initial 30 days.

Withdrawal Fees

Every time a user unstakes from either of the pools, a 0.3% withdrawal fee will be applied. This fee is designed to support the sustainability and growth of the game's ecosystem.

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