Ultiverse Whitepaper Update：ULTI Staking System

In the Ultiverse ecosystem, you can stake ULTI tokens on the platform to support the development of Ultiverse’s ecosystem and maintain its network security. By staking, users can earn additional rewards and gain the right to participate in Ultiverse’s governance.

What is Staking?

Staking is similar to a traditional interest-bearing savings account. It involves locking your cryptocurrency assets in a wallet. By staking their tokens, users help maintain the security and development of the Ultiverse ecosystem. In return, they receive rewards, which can be seen as a form of interest or dividends.

Staking is also a crucial way for users to engage with the Ultiverse community, participate in important decisions on the platform, and enhance their sense of involvement and belonging.

Through staking, we hope users will engage more deeply in community building, growing and developing alongside Ultiverse to create a unique AI-driven gaming community.

Staking Rewards

As players stake their tokens, Ultiverse will periodically provide rewards to encourage their participation in the platform’s development.

The rewards include:

1. Ulti Point Rewards: Based on the amount and duration of staking, users will periodically receive Ultiverse points. These points can be used in the Ultiverse marketplace to redeem items such as other project tokens, rare NFTs, and various gaming privileges.
2. Profit Sharing: A share of the platform game’s revenue.
3. Initial Token Offerings: Opportunities to participate in the initial fundraising for tokens related to platform games.

Additionally, Ultiverse will collaborate with other partners to offer further rewards. Users who stake Ultiverse tokens may also have the chance to earn additional rewards by staking the partner tokens.

Users can choose different staking periods, typically including short-term and long-term options. Longer staking periods usually yield higher rewards.

How to Stake?

1. Visit https://rewards.ultiverse.io/stake and connect your wallet. Please make sure you access the page through official channels of Ultiverse.

2. To stake ULTI, check your ULTI balance, and click [STAKE].

3. Type in the amount of ULTI you wish to stake, click [STAKE], and then follow the prompt in the wallet.

4. Click on [Store] to redeem your ULTI Points earned from staking for rewards. Different rewards will be listed at the store from time to time, follow UltiverseDAO on X for more information.

ULTI staking is not just rewards for players but also solid steps toward the future for Ultiverse and its community. Let’s collaboratively build a vibrant, opportunity-filled virtual world, embracing every challenge and opportunity the future holds.