Staking your CGU tokens is a great way to earn ongoing rewards and contribute to the growth of CGU ecosystem
CGU tokens are bought from the open market using a proportion of revenues generated from CGU's NFT lending and gamer income. These tokens are held in a designated wallet and distributed weekly to users who lock their CGU in the staking contract.
We will be introducing a range of other benefits for staking your CGU tokens, in line with services provided within our ecosystem, and regularly updated via community votes.
What Is Crypto Global United (CGU)?
Crypto Global United (CGU) is a platform for lending NFTs to blockchain gamers, helping them increase their earnings and access better opportunities on play-to-earn titles. CGU is the native currency of the CGU DAO, and takes the form of a BEP20 token with a total supply of 1 billion.
How can I buy CGU token?
CGU token is traded on PancakeSwap, TimeX, Bitrue and ProBit Global
How does staking work for CGU?
CGU token holders deposit or lock their tokens in a smart contract, which acts as a kind of vault. The CGU ecosystem generates revenues from gamers earning income in different P2E and metaverse titles, as well as various other activities. These revenues are used to buy CGU tokens from the open market, increasing demand and helping to support the price. The CGU purchased are then distributed to holders who stake their tokens in the CGU smart contract. Unlike many other platforms, CGU allows holders to earn proportionally more by committing to locking their tokens for a longer period of time.
Is there a minimum amount of CGU tokens to be staked?
No, there is no minimum amount of CGU needed to be staked.