WHY SHOULD GAMERS STAKE THEIR NFT and Gaxy token in RADIANT GALAXY?
In order to earn profit on the long run, gamers could stake their Gaxy token as APR is usually decided for every period. This is done based on the way token are allocated for growth of the Radiant Galaxy ecosystem as well as the whole amount of Gaxy token staked.
Holders can earn passive profits by depositing their in-game NFTs in the Galaxy Radiant NFT staking pool and earn Gaxy token. Each staking NFT pool of the Radiant Galaxy releases certain amount of GAXY token to reward holders.
Radiant Galaxy also ensures that there is a balance in the system by limiting the amount of GRobots each player can deposit to the Radiant Galaxy NFT staking pool. This way Radiant Galaxy would help guarantee that every holder that stake their in the NFT staking pool is rewarded accordingly.
Therefore, by locking their NFTs and GAXY tokens, investors and players can earn more GAXY token which they can use to upgrade their GRobot and influence certain decisions in the Radiant Galaxy ecosystem. However, only when the Radiant Galaxy staking pool is finished can a holder claim their GAXY token.
Because the GAXY token is limited in the Radiant Galaxy, players have to find ways to ensure that it is available. One way gamers can increase their GAXY token is to stake Radiant Galaxy NFT in their staking pool and participating in a variety of ecosystem games and tasks.
Using the GAXY token is the only way players can upgrade their Radiant Galaxy NFT GRobot as well craft other NFT items. Gamers can increase their character's ability, attacking power and range in Radiant Galaxy by using their GAXY token.
Also, holders of the GAXY token can vote on on-chain governance proposals in Radiant Galaxy. They can decide features that they feel is required on Radiant Galaxy. This voting right is limited only to deciding features on Radiant Galaxy and does not include decisions on company management or its operations.
With their GAXY token, holders can get to make decisions on what features they had like to see on Radiant Galaxy.
SUMMARISATION
It’s a good thing that we are living in the future and that there are so many incredible new developments happening every day. It’s also a good thing that there are companies like Radiant that are creating new and innovative ways to make commerce both easier and more efficient. If you want to learn more about the Radiant project, you can visit the https://www.radiantgalaxy.io/
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For more Information visit
Website: https://www.radiantgalaxy.io/
Twitter: https://twitter.com/RadiantGalaxyIO
Instagram: https://www.instagram.com/radiantgalaxyio/
Discord: https://discord.gg/NjgpYYAny3
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