Staking

RainStakes: Earn Rewards, Empower Growth

RainLaunch Staking allows users to stake their $RAIN and $MEGAeth tokens to earn Rain points. The more tokens you stake and the longer you hold them, the more Rain points you accumulate. These points can be used to unlock exclusive benefits within the RainMakr ecosystem, such as higher IDO deposit allocation as well as airdrop allocations.

How to Use RainLaunch Staking

1. Connect Your Wallet

• Ensure your wallet is connected to the RainMakr platform.

• If not connected, click the "Connect Wallet" button on the staking page.

2. Stake Your Tokens

• Choose the Token: Select either $RAIN or $MEGAeth tokens to stake.

• Enter the Amount: Input the number of tokens you want to stake. The system will display the minimum staking requirement (100 $RAIN).

• Approve the Token: If this is your first time staking, you will need to approve the tokens via your wallet. A pop-up will guide you through this process.

• Confirm Staking: Once approved, confirm the amount you want to stake. The tokens will be locked in the staking pool, and you will start earning Rain points immediately.

3. Check Your Staking Information

• My Staked: Displays the total number of tokens you've staked.

• My Rainpoints: Shows the total Rain points earned so far, calculated as:

  • 1 $RAIN token staked = 1 Rain point per day

  • 1 $MEGAeth token staked = 0.5 Rain points per day

• Total Participants Staked: Displays the total number of users participating in staking.

• Total Rainpoints: Shows the combined total of Rain points accumulated by all users.

• Total Rain Staked & Total MegaETH Staked: Displays the total amount of $RAIN and $MEGAeth tokens staked by all users.

4. Unstaking Your Tokens

• Options for Unstaking:

  • 7-Day Waiting Period: You can unstake your tokens with a 7-day waiting period. During this time, no additional Rain points will be earned.

  • Immediate Withdrawal: Unstake your tokens immediately with a 10% penalty fee.

• Withdraw Tokens: After the waiting period, or by paying the penalty, your tokens will be returned to your wallet.

Rain Point Accumulation

Rain points are earned daily based on the amount of tokens staked and the duration of staking. The formula is simple:

• Rainpoints = Staked Tokens * Days Staked * Point Rate per Token

• Point Rate:

  • $RAIN: 1 Rain point per day

  • $MEGAeth: 0.5 Rain points per day

What Are Rain Points Used For?

Rain points are a key metric within the RainMakr ecosystem. They determine your eligibility and allocation in various platform rewards, including airdrops. The more points you have, the higher your potential benefits.

Key Points to Remember

• Staking is a commitment: once your tokens are staked, they are locked until you choose to unstake them.

• The longer you stake, the more points you earn, which translates to better rewards.

• Always monitor your staking progress through the platform to maximize your benefits.