DeRace LP Staking: Wave 2 Update

Howdy DeRacers!

As our current staking farm on UniCrypt is ending on 9th of November, we remind all of the LP providers to re-stake their $DERC tokens to a new farm on UniCrypt. Farming in the new farm will start on 8th of November approximately at 11:00 PM UTC.

You can find the new $DERC farm here: https://farm.unicrypt.network/farms?token=0x9fa69536d1cda4a04cfb50688294de75b505a9ae

New Farm Contract Address: 0x805300a52476eE8281A722CCABA6adB2F296fff6

The current staking period — Wave 2 — of DeRace LP staking lasts for approximately 3 months in total and ends in January, 2022. The amazing rewards for stakers will be distributed after the Wave 2 staking period ends. To be eligible for the rewards, you must re-stake your $DERC to the new farm where the last 2 months of Wave 2 staking will happen.

LP Staking wave 2 rewards:

💰 $DERC reward: $400 000 worth of $DERC tokens are locked in the liquidity provider pool as a reward for participants.

🍀 Stakers’ lottery:

  • 20 lucky stakers will receive DeRace Opie Collection avatar which opens the door to Exclusive DeRace Jockey Club
  • other 30 lucky stakers will receive a DeRace NFT horse of random tier

🐎 Top stakers’ reward: top 50 stakers will each receive a randomly selected DeRace NFT horse out of 2 Olympian, 3 Demi-god, 5 Alfa, 15 Beta and 25 Omega horses.

So what are you waiting for? Good things come to those who stake!

About DeRace

DeRace is a play-to-earn NFT horse racing metaverse where you can participate in horse races, breed NFT horses with unique characteristics, host races in your own NFT hippodrome and earn profit while doing it.

DeRace is electrifying the current NFT market by allowing players to fully interact with their DNA-enriched NFT horses and have full control of their own hippodromes.

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Liquidity provision has impermanent loss risk: https://academy.binance.com/en/articles/impermanent-loss-explained

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