RWA Re Staking
Level 1 : Staking on Porsche GT4 Shares with Borrowing
- Staking period: 3 months
- Shares to Stake: 1000 Wheelz GT4 ($10,000)
- Borrow: $7,000 Wheelz against your stWheelz GT4 (70% LTV)
- Conversion: 700 additional Wheelz GT4
- Base Return: 12% APY on $17,000
- Staking bonus: +3% APY if the player locks an additional $1,000 Rboyz
- Performance bonus: +2% APY if at least one of the cars associated with the Wheelz cards finishes in the top 3
Level 2 : Staking on Porsche GT4 shares & RE Staking
- Staking period: 6 months
- Shares to be Staked: 1700 Wheelz GT4 ($17,000)
- Borrow: $4900 Wheelz against your stWheelz GT4 (70% of $7000)
- Conversion: 490 additional Wheelz GT4
- Base Return: 12% APY on $24,900
- Staking bonus: +5% APY if the player locks an additional $2,000 Rboyz
- Performance Bonus: +3% APY if at least three of the cars associated with Wheelz cards finish in the championship top 10
Special bonuses
- Loyalty Bonus: +1% APY for each full season of staking.
- Referral Bonus: +2% APY if the player invites a friend who stakes at least $1,000 Rboyz.
Staking conditions
- Porsche GT4 shares and RWA cards must be locked in for the specified staking period.
- Returns are distributed at the end of the staking period.
- Performance bonuses are calculated based on actual race results.