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Magic Eden
@meonbase
Questing and Staking are underway, so we put together a mega-thread so you know exactly what to do 🧵 How to earn $ME? Step 1 - Stake to access Quests Step 2 - Complete Quests Step 3 - Get $ME! Only users who are staked can earn $ME through quests. Each week, users will receive a ranking to see their progress. What are rankings? Your rank is based on quest activity multiplied by staking power. At the end of a chapter (90 days for chapter 1), users will be rewarded with $ME. The higher your rank, the higher your payout. What is staking power? You gain staking power when you stake $ME. Staking power is a questing rewards multiplier that helps boost your ranking each week. How is staking power determined? Staking power is a multiple of the amount of $ME staked. The multiple is based on how long you stake. The longer you stake, the bigger the multiple.
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Magic Eden
@meonbase
Can I have multiple staking periods? Each wallet can only have one staking period. You can stake in different wallets if you want to have different staking periods. Make sure all staked wallets are linked via the ME Foundation wallet linker.
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Magic Eden
@meonbase
Dive into FAQs here: https://help.magiceden.io/en/articles/10256546-unlock-the-full-potential-of-your-me-staking-and-questing-faqs
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