Launching $MTCL Staking Pools With Up to 100% APY

MaticLaunch
4 min readJan 28, 2022

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At MaticLaunch, we thrive to bring the best projects to the community to provide an opportunity in becoming early investors. We have been listening to each one of you during IDOs happening on MaticLaunch. And, we are here to offer high yield-providing staking pools.

MaticLaunch enables innovative ideas built on Polygon to build and raise to be sustained in the exponentially growing crypto market. The staking platform is the core of our ecosystem using which participants will be allocated investment allocations from the potential projects.

As the title suggests, we are pleased to launch multiple APY generating $MTCL staking pools. The longer the duration you stake $MTCL for, the better the APY you can from pools. Here are the staking pool details you’re excited about.

MaticLaunch Staking V2

$MTCL staking pools will not just provide you a chance to enjoy higher APYs but also a direct possession of guaranteed allocation in upcoming IDOs. While bearing that in mind, here are the flexibilities in staking duration you can choose from.

All existing $MTCL stakings are made eligible to unstake today in order to participate in MaticLaunch Staking V2.

MTCL Platinum Pool

The platinum pool is designed for all of those $MTCL holders who want to enjoy very high yields with long-term commitment. Here are the pool details:

  • Pool Size: 1,000,000 MTCL
  • Staking Starts: Friday, January 28th — 16:00 UTC
  • Staking Ends: Tuesday, February 4th — 16:00 UTC
  • Maturity Return: 100% (Annual)
  • Maturity Duration: 98 days
  • Early Withdrawal: 45% (Annual)
  • Mandatory Lock: 49 days
  • Minimum Staking: 5000 MTCL (No Max)

MTCL Gold Pool

The gold pool is designed for all of those $MTCL holders who want to enjoy a good yield with a mid-term commitment. Here are the pool details:

  • Pool Size: 850,000 MTCL
  • Staking Starts: Friday, January 28th — 16:00 UTC
  • Staking Ends: Tuesday, February 4th — 16:00 UTC
  • Maturity Return: 65% (Annual)
  • Maturity Duration: 70 days
  • Early Withdrawal: 30% (Annual)
  • Mandatory Lock: 35 days
  • Minimum Stake: 1000 MTCL (No Max)

MTCL Silver Pool

The silver pool is designed for all of those $MTCL holders who want to enjoy considerable yields in a short period of time. Here are the pool details:

  • Pool Size: 650,000 MTCL
  • Staking Starts: Friday, January 28th — 16:00 UTC
  • Staking Ends: Tuesday, February 4th — 16:00 UTC
  • Maturity Return: 30% (Annual)
  • Maturity Duration: 42 days
  • Early Withdrawal: 13% (Annual)
  • Mandatory Lock: 21 days
  • Staking Cap: 500, 5000 MTCL (Min, Max)

Terms explanation:

  1. Maturity duration: It is the set duration for redeeming $MTCL tokens with a full annual APY.
  2. Maturity return APY: It is the APY you’ll get only if you choose to stake MTCL until maturity expires.
  3. Early withdrawal APY: It is the dedicated APY if you choose to unstake MTCL before the maturity date.
  4. Mandatory lock: Regardless of early withdrawal and maturity terms, it is the duration your MTCL tokens will be locked within.
  5. Minimum staking: It is the minimum number of MTCL tokens required to participate in the corresponding staking pool.

Frequently Asked Questions (FAQs)

  1. How to participate in the MTCL staking event?
  • Just move to MaticLaunch Staking, choose your preferred pool, enter the amount you want to stake, and confirm the transaction on Metamask.

2. Is there any minimum requirement for this staking event?

  • Yes. You need to stake a minimum of 500, 1000, and 5000 MTCL for the Silver, Gold, and Platinum pools respectively.

3. How do you calculate the reward?

  • It is based on your actual staking duration. If you continue staking your tokens until maturity, you will receive a full APY reward, counted annually. If withdrawn early, the reward will be counted according to the corresponding rate of return.

4. I staked ABC number of MTCL tokens. Can I stake more afterward?

  • Yes, you can stake MTCL tokens in multiple shots but make sure to follow the staking period deadline which is 7 days. You can’t stake MTCLs once the staking period is over.

5. What is the maximum cap per individual for staking?

  • There are no maximum limitations on staking. Accumulate as many MTCL you prefer and enjoy high yield.

We are excited to launch this community-demanded multiple APY generating staking event and look forward to your continued support and participation in staking and IDOs.

Follow us on social media and stay tuned for the upcoming exciting news and partnerships.

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MaticLaunch

A fully decentralized fundraising platform for the next generation of ideas built on Polygon.