Trusted

STYLE Protocol Launches Staking Feature, Offering Token Holders Access to Exclusive Benefits

2 mins
Updated by Maria Maiorova
Join our Trading Community on Telegram
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

STYLE Protocol is delighted to announce the debut of its $STYLE token staking feature.

With this launch, the protocol, which transforms NFTs into cross-game 3D assets, will give token holders access to the much-awaited Sulfurions NFT collection, among other unique perks, through a tiered system that unlocks various rewards.

The launched staking feature has three tiers, each offering an increasing reward. Tier 1 entails staking 2,000 STYLE tokens and offers two minting opportunities: one guaranteed Sulfurions mint and one first-come, first-serve mint. The holder also gets an extra mint if they are whitelisted.

Additionally, Tier 2, which requires staking 20,000 STYLE tokens, provides four minting opportunities: two guaranteed Sulfurions mints and two first-come, first-served mints. Voting privileges and the option to invite friends are also unlocked at this stage. Holders who are on the whitelist get one extra mint.

Further, Tier 3 is the highest, offering ten minting possibilities total—five guaranteed Sulfurions mints and five first-come, first-served minting opportunities—but involves staking 200,000 STYLE tokens. Tier 3 stakers receive a portion of prizes from the STYLE Protocol treasury in addition to friend invites and voting privileges. This tier’s whitelisted holders get one extra mint.

Leo Hilse, the Founder of STYLE Protocol, stated, “We’re thrilled to introduce our staking feature, which not only rewards our token holders but also provides exclusive access to our Sulfurions collection. This marks a significant milestone in our journey to create a truly interconnected gaming ecosystem.”

The staking feature unlocks further benefits. Users may earn USDT by encouraging others to join the STYLE ecosystem, promoting community growth. Higher-tier stakeholders can additionally receive a percentage return for their staking from the STYLE Protocol treasury.

Notably, this staking announcement follows STYLE Protocol’s previous triumphs, which include a $2.5 million initial financing round and the launch of $STYLE on key exchanges, including Bitget, MEXC, and Uniswap. The protocol is indeed progressing toward enabling genuine interoperability for digital assets between games and metaverses.

About STYLE Protocol

STYLE aims to help gamers transcend identity across the multiverse — meaning NFTs and other virtual assets can be used in any game, anywhere. The protocol’s focus on interoperability is designed to enhance adoption, tear down barriers to entry, and deliver a world-class experience for players. 

Follow STYLE Protocol across its social media channels: X | Discord | Telegram  | LinkedIn

🎄Best crypto platforms in Europe | December 2024
eToro eToro Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
3Commas 3Commas Explore
🎄Best crypto platforms in Europe | December 2024
eToro eToro Explore
Coinrule Coinrule Explore
Uphold Uphold Explore
Coinbase Coinbase Explore
3Commas 3Commas Explore
🎄Best crypto platforms in Europe | December 2024

Disclaimer

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored