ISA Staking: What you need to know
The market condition is not so good. However, we have just had a two-month precious time to revise and adjust the Islander core features. In short, some of the features will go off-chain. There will also be a new quest mechanism and an NFT collection to support it.
Today we are glad to introduce our ISA Staking feature and set a new movement toward our new Quest mechanism! But first, let’s look at how this feature works and how you can maximize your benefit.
How to stake your ISA
Step 1: Go to theislander.io/staking and connect your Metamask wallet. The official launch will be announced later — but still, you can look around (without being able to stake your ISA yet)
The Total Value Locked (TVL) will be displayed next to ISA real-time price
Step 2: Start your Staking by entering the amount you want, then hit STAKE.
A smart contract for your staking deposit will be generated — with a small fee.
An additional 2% of your deposit will be collected to distribute back to the previous staker. It’s a move to stabilize your staking — as well as making your reward more benefitable!