New Update to The Wicrypt Staking Requirement
The Wicrypt minimum staking requirement is now $150
Hello,
The Wicrypt minimum staking requirement has officially changed. The minimum staking requirement for Wicrypt users will now be $150. This strategic shift reflects our commitment to fostering a more balanced and robust ecosystem while providing greater benefits to our valued community members.
Why Are We Doing This?
Aiming for Balanced Utility and Amplified Demand for $WNT
One of the major reasons driving this update is to strike a balance in the utility of our native token, $WNT. With increased demand from the updated staking requirements, there will be substantial benefits for all token holders.
Cultivating Dedication and Commitment within the Network
Reviewing the staking requirement aligns with our vision of fostering a network of dedicated participants genuinely supporting the Wicrypt ecosystem. This strategic move aims to strengthen the network's foundation, ensuring participants are aligned with our long-term goals.
What does this mean?
This increase does not restrict users from earning on the network. All users who stake any amount of $WNT can still earn weekly rewards. However, rewards for users who do not meet the minimum staking requirements will be significantly lower than that for users who meet the minimum staking requirement.
Please note that all users regardless of their staking amount can activate the rewards booster as this is not affected by the minimum staking requirement.
Click here for the new staking requirement to mine $WNT on the Wicrypt Network.
Embracing a New Era with Wicrypt
This update underscores our commitment to advancing the Wicrypt ecosystem, creating a stronger, more dynamic environment well-poised for growth and innovation. By evolving our staking requirements, we're paving the way for a more balanced and prosperous network that resonates with our community's dedication.
Join us in embracing this pivotal change and collectively propelling the Wicrypt ecosystem to unprecedented heights. Together, we're crafting a future empowered by a commitment to global decentralised internet access.
Sincerely,
Olabisi Fagoyinbo
Growth Lead
Wicrypt