Announcing PolkaRare NFT Staking Reward Program with Rage.Fan

PolkaRARE
3 min readJun 22, 2021

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PolkaRare takes pride in announcing the daily accomplishments of our burgeoning platform and introducing the PolkaRare NFT Staking Reward Program with Rage.Fan.

Rage.Fan is an innovative and fan-first decentralized protocol for fantasy sports and quizzes that allow users to earn rewards easily and offers a unique token with the dual purpose of utility and governance. In a nutshell, Rage.Fan is a platform where our users can benefit excellently, and thus we have decided to collaborate with this unique platform for our staking reward program. Unlike traditional staking programs, with Rage.Fan, Polkarare will reward the NFT holders as per the sports events result on Rage.Fan to gamify the staking process and make it more exciting.

Important Note:

Please make sure to have PRARE tokens in BSC type in your wallet to participate in this event.
You can follow the below steps to swap ERC PRARE to BSC PRARE https://bit.ly/bsc-bridge-guide

Now, PolkaRare community/users can participate in the most exciting games of current times like NBA Playoffs 2021 or other sports like UEFA EURO 2020 through Rage.Fan while earning easy rewards. Here are the guidelines users need to follow to get the rewards:

  1. Enter to stake and play: https://nftstake.rage.fan/bsc/prare/
  2. Stake some BSC $PRARE tokens.
  3. Accumulate the points required to get started.
  4. Use the points to redeem NFTs.
  5. If your team wins the selected match, you will earn rewards in $PRARE and $RAGE.

Important Note:

  • Maximum $PRARE Staked per wallet: 10000 PRARE.
  • Points per $PRARE staked: 1 per day staked.
  • Flexi/Flexible Staking: As per this rule, users can un-stake their $PRARE tokens anytime they want and earn points for every second on their staked tokens.
  • Instant Rewards: Instant rewards are based on the Fixed Staking model, as per which the tokens are locked for a certain period that users select. As per this rule, users get to earn all the points in advance.
  • NFT Attributes: If a user owns an NFT play card and their representative player or team wins the match, they can calculate the $PRARE & $RAGE they earn. Users can also smartly track the eligibility and the remaining numbers of matches/tournaments for a season on that card.
  • Do NOT Forget- You can increase your payout with the contests’ progress, highest for the finals.

Our CEO & Founder, Pramod Mahadik, commented on this cooperation: We always look forward to collaborating with unique and innovative projects like Rage.Fan to allow our users better opportunities to earn and, at the same time, develop our Web3 platform. The PolkaRare community has helped us exceptionally to grow as a platform. Through this NFT Staking Reward Program, we aim to enable our users to unlock the maximum benefits of staking.

About Rage.Fan

Rage.Fan is a fan-first decentralized sports platform that elevates Gaming Experience for Sports Fans. Our Sports Utility NFTs, while unique, deliver true ‘Utility’ by offering players ‘Stake and Win’ rewards based on real-time performance outcomes in individual, team, national and international sporting events. Scramble, a Augmented Reality (AR) based Token Hunt App, gamifies #PlayToEarn where users hunt $RAGE and other tokens for free anywhere in the world using their phone. The platform will also host a one-of-its-kind Sports Oracle, offering reliable secure off-chain sports data.

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About PolkaRare

PolkaRare is a web3 economy to create, trade, and discover NFTs. Powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain, PolkaRare offers artists a seamless onboarding experience without the need to use Metamask or make contract transactions on their own. PolkaRare provides a range of tools to users to unlock the maximum potential of NFTs.

👥 Our Official Social Media Links — https://linktr.ee/polkarare

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PolkaRARE
PolkaRARE

Written by PolkaRARE

A web3 economy for unique and scarce digital assets Powered by Polkadot, Polygon, Ethereum and Binance Smart Chain.

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