Stake LOOKS, earn YOLO Shards. The sooner you do, the higher your multiplier.
At the end of the season, you’ll cash your Shards in for $YOLO — the native token of YOLO Games’ all-new platform on the Blast network.
🤔 What’s Going On?
LooksRare is a core contributor to YOLO Games. As such, LOOKS stakers can earn a share of the upcoming $YOLO token.
Stake LOOKS to earn YOLO Shards — the more you have at the end of the season, the greater your $YOLO share!
✖️ Multipliers
Multipliers separate the good from the great.
The sooner you stake your LOOKS, the higher your multiplier will be:
- Day 1: 2x multiplier
- Day 2: 1.8x multiplier
- Day 3: 1.6x multiplier
- Day 4: 1.4x multiplier
- Day 5: 1.2x multiplier
- Day 6+: no multiplier
In other words, staking LOOKS on the first day of launch will double your Shards earning potential.
⚠️ Note: current stakers will need to opt in to start earning Shards by signing a message!
In addition, you’ll add a 0.5x multiplier for every month your LOOKS remain staked.
How fast do I earn Shards?
Users earn 0.01 Shards per minute, per LOOKS committed (without factoring in the multiplier).
Let’s illustrate this with an example, where Alice stakes 10,000 LOOKS on Day 1: at a base rate, she earns 100 Shards per minute. However, since Day 1 stakers get a 2x multiplier, this is increased to 200 Shards per minute.
When a month passes, Alice’s multiplier will go from 2x to 2.5x — meaning she’ll earn at a rate of 250 Shards per minute.
Can I lose my multiplier?
Yep, unstaking LOOKS will result in a decrease to your current multiplier.
Does my multiplier change if I stake more?
No, you can keep adding to your staked amount while retaining your multiplier.
🤝 Stake Now!
Head over to the Rewards Hub to start earning YOLO Shards.
If you haven’t already, be sure to check your eligibility for the YOLO Games $BOOST promotion, too.
