Staking

The Magus Staking

The Magus rewards holders with more $MGS based on the number of Magus held. Holders will have to pay gas if they want to claim the $MGS. Our website will show the amount of $MGS you have accumulated that you are able to claim and your current balance at the time.

We will be using an off-chain wallet for earning; therefore, all the marketplace interactions will be completely gasless.

Holding tierBonus$MGS/day per Magus

1 - 4

0

10.0

5 - 9

15%

11.5

10 - 19

25%

12.5

20 - 49

35%

13.5

50>

50%

15.0

Holding a Magus will yield $MGS each day, and the bonus of $MGS yield will be based on the number of Magus held as shown on the table above. The amount of $MGS yielded will be based on timestamp, which means that it will look at the time your Magus was staked and compare it to the current time in which you want to view your accumulated $MGS.

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