USDC/WGSA Staking
📌 Introduction
Goblin Saga expands its DeFi ecosystem with the new USDC/WGSA staking pool, offering users an opportunity to generate passive income in $WGSA (Wrapped Goblin Saga Token). WGSA is a wrapped token equivalent to GSA at a 1:1 ratio, ensuring stability and utility within the ecosystem.
🔑 Key Staking Details
APR: 36.4%
Reward Rate: 1 USDC = 2000 WGSA every 48 hours
Minimum Deposit: No minimum required
Lock-in Period: 20% of USDC remains locked
Claim Frequency: Any Time
Token Equivalence: 1 WGSA = 1 GSA
🔄 How Does Staking Work?
🏦 Staking Mechanism
Users deposit USDC into the smart contract.
80% of the deposit remains available for withdrawal at any time.
20% of the deposit is locked as part of the stability and security system.
Rewards are generated based on the amount of USDC staked and the time elapsed since the last claim.
📊 Reward Calculation
Rewards are calculated using the following formula:
Users accumulate rewards every 48 hours.
Rewards remain stored in the contract until the user claims them.
Users must manually claim their rewards to receive WGSA tokens in their wallet.
💰 Withdrawal of Funds
Users can withdraw their available USDC at any time.
The 20% locked amount will remain in the contract as a sustainability mechanism.
When a user withdraws their stake, any accumulated rewards remain claimable.
🎯 Reward Distribution
Users can claim their WGSA rewards at any time.
The smart contract allows claims only if there are sufficient WGSA tokens in the reward pool.
Administrators can deposit additional WGSA tokens into the contract if needed.
🔐 Security and Administration
Administrator Role: Only accounts with admin access can deposit and withdraw reward tokens.
Security: The contract implements security measures to prevent double claims or exploitation attempts.
🌟 Benefits of Staking in Goblin Saga
✅ Earn passive income with a high yield rate.
✅ Leverage USDC stability while earning WGSA.
✅ Support ecosystem growth and strengthen the GSA token.
✅ User-friendly: Simply deposit USDC and claim your rewards every 48 hours.
✅ Transparent and secure: The contract is designed with best security practices.
🛠 How to Participate?
Manually claim your rewards at any time.
Withdraw your staked USDC at any time (except the 20% locked portion).
🎯 Conclusion
USDC/WGSA staking in Goblin Saga offers an excellent opportunity to maximize passive income within a secure and stable ecosystem. With a high APR and a clear, accessible mechanism, any user can participate and contribute to the project's growth. Start today and take advantage of the rewards!
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