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Gods Unchained on OKEx Jumpstart Mining – Stake OKB to Earn GODS

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One of the major reasons for the rapid growth in the blockchain & crypto space, is the industry’s ability to transform value for creators, which is seen in new use cases such as video games, more commonly known as GameFi.

GameFi, representing the combination of decentralized finance (DeFi) and gaming, operates under a play-to-earn model instead of play-to-win. What truly differentiates these two gaming models is the concept of financial incentives being distributed through gameplay and progress through games.

OKEx, a Seychelles-based cryptocurrency exchange that relies on the blockchain technology to provide a platform for spot and derivative trading of various cryptocurrencies; has recently added Gods Unchained, a free-to-play trading card game where players compete in epic duels using fantasy cards, to its Jumpstart Mining.

 

okex 1

 

OKEx Jumpstart Mining

Launched in March 2019, OKEx Jumpstart is a platform that incubates high-quality crypto projects. With the emergence of DeFi protocols and strong user demand, OKEx has launched the Jumpstart Mining initiative, allowing its users to farm DeFi tokens while supporting their chosen projects by staking OKB, OKEx’s ecosystem token. For more information on OKEx Jumpstart Mining, click here.

Gods Unchained

Gods Unchained is a free play-to-earn trading fantasy card game with epic duels between players. The game uses the Ethereum blockchain so that players have true digital ownership over their items that can be turned into NFTs on the ERC-721 standard. Players can earn and sell their items for real money, use them in Gods Unchained and even embed them into third-party games and tools. This makes Gods Unchained completely different from other mainstream games.

Tokenomics:

  • Project Name: Gods Unchained
  • Ticker: GODS
  • Total Supply: 500,000,000
  • Protocol: ERC-20

gods unchained

 

Rules of Staking:

Token Staked OKB
Token Earned GODS
Total Amount of Mineable Token 2,000,000 GODS
Mining Period 6:00 Oct. 22, 2021 – 6:00 Oct. 29, 2021 UTC
Minimum Staking per Person None
Maximum Staking per Person 2,000 OKB
Upper Limit of Total Staking None
Staking Period Stake and Unstake at any time
KYC Required KYC2
Opening Time for Mined Token Trading Oct. 29, 2021 (UTC) until further notice

Table as seen on the OKEx support helpdesk site

Read more:

Okex launches NFT Marketplace

P2P Trading on OKEx: All you need to know about it

 

Guidelines for Staking & Unstaking

According to the OKEx website, The OKEx Jumpstart Mining will commence at 6:00 (UTC) on October 22, 2021. OKB holders can stake OKB to mine GODS tokens in return.

Staking process:

Step 1: Before mining starts, transfer your OKB to the funding account in advance.
Step 2: Log in to the OKEx official website and click “Finance” – “Jumpstart
Step 3: After mining starts, click “Stake”, enter the amount of OKB and confirm.
After completing the above-mentioned three steps, you can start your mining.

Unstaking process:

Step 1: Click “Harvest” to get staking rewards, which will be distributed to the funding account.
Step 2: Click “Unstake” to release OKB at any time, and the OKB unstaked will be automatically returned to the funding account.

  • Kindly note that only OKB in the Funding Account can be used for staking.

 

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Bobby is a media personality and academy lead at Earnathon. He is passionate about cryptocurrency and the blockchain technology, as well as the value it drives in the present global economy. He is a freelance writer, actor and voice over artist. He enjoys cooking, singing and networking.

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