According to Fortune Business Insights projection, the blockchain gaming market will grow at a compound annual growth rate (CAGR) of over 21% from 2023 to 2030. The market is estimated to grow from $128.6 billion in 2022 to more than $614 billion by 2030. As more staking games and play-to-earn games flood the blockchain space, innovative projects like $GUMMY are bringing a revolutionary staking concept to the blockchain space.
While the blockchain staking game rewards consistent hard work, the $GUMMY staking meta on Solana is out to show people can earn good returns without sweating the small stuff. From its laid-out plans, the $GUMMY staking will take the Solana ecosystem by storm. The "Road to $1 Billy" will commence immediately after the new staking goes live.
Details About the Upcoming $GUMMY Staking Game
This is a staking where users can earn rewards by holding the $GUMMY meme token to win $BAKED token. GUMMY has the highest community in the Solana ecosystem, and the GUMMY project is poised to become a meme incubator for all transparent meme coins on Sol. There are three parts of the game called eras, and each era will last for one month. For each era, holders of $GUMMY will earn $BAKED, and the reward gets better as players move from one era to another. There are two ways to earn points on the $GUMMY staking game. Holders earn points for holding the $GUMMY token, while others can earn by inviting people to join the game.
For the first era of staking, members can earn 15% of the $BAKED token as a reward for involvement. The reward increases by 1.5X to 22.5% of the $BAKED token during the second era. However, newcomers can still earn 15%. Gamers earn the most $BAKED token (45%) for the last and final era, provided they played in the previous two eras. If a user staked only the second era, the reward would be 22.5% and 15% if the person staked only the first era.
Some users may stop playing as the staking progresses. The implication is that their reward is added to the prize pool, and other players can claim them. This design creates a bigger prize pool for gamers, and it makes the $GUMMY staking more exciting.
The Most Baked Of All Time (MBOAT) Competition
The MBOAT is a special competition designed to be held twice in each era. Through the completion, players can win more rewards based on their earned points. The top 10 players with the most points from holding $GUMMY tokens and inviting others win the competition. If a player has won the competition before, such a player will get a multiplier for the next MBOAT competition.
For example, if a player comes first in the competition, they will get 2X their points in the next competition, including points from those they invited. The second, third, and fourth-place winners will all get 1.5 X, 1.3 X, and 1.2 X their points, respectively, in the next game. Players that finished fifth to tenth will all get 1.1X their points.
At the end of each era, every player must unstake and stake again before being granted access to their multipliers for the next MBOAT competition. The only exception is for those who win the first MBOAT competition in an era. Such people are automatically enrolled for the second competition. Players can stake or invite people at any stage in an era to increase their points for the next competition.
Conclusion
With the potential to revolutionize the Solana ecosystem, help the community earn huge returns, and being the most transparent meme coin, $Gummy has all it takes to rule the crypto meme space. For more information and updates, you can visit the project's official website.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
