New $BLOKN Staking Pools Open Today!
BLOK
Staking Pool 27 goes live with users able to claim $BLOKN as a reward!
Following the recent success of Bloktopia’s Reward Token, $BLOKN, that is solely redeemable against NFT purchases, we’re pleased to announce a new Staking Pool has gone live today offering up more $BLOKN tokens as rewards.
The purpose of $BLOKN
As a reminder, $BLOKN will stand as a unique token, distinct from the utility-focused $BLOK token.
Unlike $BLOK, $BLOKN is NOT and will never be a tradable token. It’s sole utility is an alternative means to purchase coveted Bloktopia NFTs- REBLOK and ADBLOK.
A key feature of $BLOKN is its role in reducing the total supply of $BLOK tokens. For each $BLOKN used to purchase an NFT, Bloktopia will BURN an equivalent amount of $BLOK from the Treasury Wallet.
Staking Pools 23 & 24 were a success!
The first two Pools to have $BLOKN as claimable rewards, Pool 23 and 24, proved a huge success with the community.
Over 190,000,000 $BLOKN was claimed by Bloktopian’s who staked in Pool 23 and over 120,000,000 $BLOKN to be claimed once Pool 24 unlocks.
From this, over 100 REBLOK NFTs have already been purchased via the new Bloktopia Landsale portal by Bloktopian’s. This equates to 53,000,000 $BLOK and over $105,000 USD!
An equivalent amount of $BLOK is scheduled to be burnt as a result of the $BLOKN claiming rewards, on top of the standard amount of $BLOK being burnt for every REBLOK purchase also. In short, lots of burns to come!
Once the next phase of REBLOK NFTs have been purchased through the Landsale portal, we’ll be burning everything together.
New $BLOKN Staking Pool details:
Staking Pool 27 is now live and able to stake into here: https://www.bloktopia.com/earn/staking/join
- Stake: $BLOK
- Earn: $BLOKN
- APY: 150%
- Matures: 180 days
Stake $BLOK > Earn $BLOKN > Buy REBLOK!
About Bloktopia
Bloktopia is a VR skyscraper made up of 21 floors to commemorate 21 million Bitcoin. It will act as a central hub and welcome all levels of crypto experience. For the first time ever, users will have access to crypto information and immersive content all in one place.
Learn, Earn, Play and Create
Educate yourself in the basics of crypto or engage in more advanced learning from some of the world leading minds in the industry, earn revenue through real estate ownership & advertising, play games with friends, build networks and much more.
