📈Staking (Soon)

By staking $PLAYS you can earn $GEMS rewards, that is the official stablecoin of the Plays Ecosystem.

Investors can stake their tokens for various time periods to earn rewards. Here's how this process typically works:

Risk Considerations: Investors should carefully consider the risks associated with staking, including potential token price fluctuations, smart contract vulnerabilities, and lock-up periods. Conducting thorough research and understanding the terms and conditions of the staking mechanism is crucial before participating.

Lock-Up Periods

There are no lock-up periods when staking $PLAYS. All staking contracts are liquid and you can withdraw your funds at any time!

Staking Pools

The Nominal APY represents how many $GEMS are generated per year for each staked $PLAYS token. Do note that this doesn't factor in USD changes in either token.

Pool Name	Nominal APY	Variable APY
Plays Standard Pool	0.5%	Based on $Plays Price
Plays Accelerated Pool	0.5%	Based on $Plays Price
Plays Launch Pool	0.5%	Based on $Plays Price

Staking Matrix

This table demonstrates how the Variable APY changes based on Plays Token price changes.

Plays Price ($)	Plays Marketcap ($)	Nominal APY (%)	Variable APY (%)	GEMS Emissions / $1000 Staked / Year
$0.001	$100,000	0.5%	500%	5000 GEMS
$0.01	$1,000,000	0.5%	50%	500 GEMS
$0.1	$10,000,000	0.5%	5%	50 GEMS
$1	$100,000,000	0.5%	0.5%	5 GEMS
$10	$1,000,000,000	0.5%	0.05%	0.5 GEMS

Reward Calculator

To calculate the amount of $GEMS you can earn via staking or the current Effective APY please refer to the Plays Staking Calculator.

Staking Contract Modeling

Each staking pool has a Base APY and a Variable APY. The Base APY depends on the available $GEMS rewards within the staking contract. The Variable APY depends on the market price of the $PLAYS Token. The lower the price the higher the potential APY, and vice-versa, as the $PLAYS price increases the APY reduces.

The overall $GEMS emission is not affected by the change in the $PLAYS price, which ensures there is always enough $GEMS in the ecosystem.

Model 1: The Effective APY depends on the Plays Token Price. The higher the Plays token price the lower the APY.

Model 2: There is no correlation between the Effective APY and Base APY.

Model 3: The amount of Gems generated based on Plays staked is linear..

Model 4: The amount of Gems generated is not correlated to the Plays price.