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Ever Experienced Staking Crypto in a Blockchain Game? 

Team Cryptopia
11.05.22 11:13 AM Comment(s)

Building a Staking Facility in Cryptopia

In the Blockchain world, the staking mechanism is used to validate transactions and reward the user. In Cryptopia, a play-to-earn (P2E) and free-to-play (F2P) blockchain-based metaverse game, you will receive $CRT as staking rewards. There are two ways to earn passively by staking in Cryptopia: building your own staking pool inside of the game, aka a staking facility, or by staking in another player’s facility. 

Going about building your own staking facility in Cryptopia’s metaverse is no painless task, but the hard work and time invested will prove to return your well deserved rewards, while also contributing to the decentralization of the game. It’s safe to say that it won't be technically as challenging as setting up a staking pool IRL, but there is a challenging procedure to it. Building your own staking facility and earning from it requires you to do a few things:

  1. Own a piece of land, which you’ll receive an NFT Title Deed for as proof of ownership. 

  2. Obtain the Blueprint NFT of that staking facility by completing quests, or buying it from the in-game NFT Marketplace. This NFT will provide you with all the physical and human resources needed to build a staking facility.

  3. Arrange all the resources you need, and then finally you can construct the staking facility. At this point, you’ll need to allocate tokens to your facility to start earning the rewards.

Owning your own staking facility comes with the power to decide the rewards distribution ratio between you and the players who stake their $CRT in your facility. It’s important to remember that running a staking facility will always require Electricity, a fungible asset, so it will be your responsibility to supply it with sufficient electricity at all times.