Champion I Pool

All about the Champion I Staking Pool.

The Champion I Pool is the second pool available in the Lympo NFT Staking. The size of the pool is 1,759,766 $SPORT.

To ensure a fair ecosystem, users must stake NFTs of different rarities. Meaning that 1 wallet will only be available to stake up to 5 high-rarity NFTs (GOAT, Legendary, or Epic), while the other 10 will have to be of a lower rarity (Rare, Uncommon, or Common). To keep staking fair for the whole ecosystem, only one GOAT card is allowed to be staked per staking pool.

The amount of $SPORT that can be staked is determined by the rarity of staked NFTs — higher rarity NFTs allow users to stake more $SPORT.

The minimum amount of $SPORT required to stake is 1000.

*In this example, if you would stake 15,000 $SPORT together with your NFTs, you would earn a 5,42% reward of the staked amount every 30 days (or 65% APR). That means after 30 days, you would have accumulated 813 $SPORT as a reward for participating in the Lympo NFT Staking ecosystem, and you would own 15,813 $SPORT in total.

Because of its unique reward structure, this pool was designed to bring more value to lower-tier Lympo NFTs.

The Champion I Pool requires to stake NFTs for at least 72 hours. If NFTs are unstaked before that time, a fee of 1% will be applied.

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