Cardalonia Staking Is Live! (How To Stake $LONIA Tokens)

2 min readMay 17, 2022

Hello Cardalonia Community, We are super pumped to finally launch our long-awaited Flexible Cardalonia Staking Vault!

What is Cardalonia Flexible Staking?

Cardalonia Staking Vault is our way to generously reward our committed Cardalonia Seed Sale Supporters, who are early adopters in the Cardalonia Revolution!

LONIA Token Stakers will be rewarded in multiple ways:

· Monthly APY Rewards (Over 1.5% Monthly)

· Cardalonia Land Pre-Sale whitelisting (Land Tickets)

· DAO Participation & Governance

Virtual Revolution Staking will fairly redistribute rewards to users who trust and support our project.

What are the Cardalonia Staking Requirements?

· Minimal Staked Amount: 7000 LONIA tokens

· Staking Period: 6 Epochs

· LONIA Token Rewards: Can be claimed Monthly after Snapshot has been Taken

Step by Step Guide On how to Participate in the Cardalonia Staking:

Buy LONIA Tokens
Send your $Lonia Tokens to Any Cardalonia Staking Supported Wallet (We Currently Support Nami Wallet, Ccvault, Flint & Yoroi Wallet)
Go to our Staking Platform
Connect Your Cardano Wallet
Locate The Staking Button
Click On Stake
Approve
Stake

How does Cardalonia Flexible Staking work?

The Flexible staking works just like Staking ADA to a Cardano Stake Pool, Your LONIA just like ADA does not leave your wallet, you are given a unique stake key that represents the size of your stake.

Users are rewarded depending on the amount of LONIA Staked.

They are the key to benefits and rewards you can receive:

The Current Staking APY is 20%

What Does This Mean?

It Means That If You Stake Your LONIA Tokens For A Year, You will earn 20% of your stake amount.

You Also get additional benefits like

· NFT Rewards

· Cardalonia Lands (Terrania) Tickets (For detailed information about Cardalonia Lands, visit our resources page)

Why are LONIA Staking rewards so big?

We are a community centric project and as such we will generously reward the early Cardalonia Adopters.

About Cardalonia

Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. We are on a mission to creating an entirely new Metaverse experience on the Cardano Blockchain.

GamePlay: https://docs.cardalonia.io/how-cardalonia-works

Pitchdeck: https://bit.ly/37MgJDz

One-Pager: https://docs.cardalonia.io/one-pager