How to earn ChainGuardians NFTs by staking $CGG

ChainGuardians
1 min readJun 16, 2022

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A complete guide to staking the Chain Guardians Governance token ($CGG)

The ChainGuardians Governance Token ($CGG) powers the ChainGuardians ecosystem, which includes ChainGuardians, ChainBoost, and Cryptoverse. $CGG has utility across the ecosystem, affording users access to and benefits from the associated platforms.

$CGG internal staking has been designed to offer users a flexible way to employ the $CGG they hold to earn valuable rewards with direct utility in the ChainGuardians ecosystem. Without increasing the supply of $CGG, this provides a sustainable entry to the rewards loops that characterize the approach ChainGuardians takes to return value to the users who drive the ecosystem forward with their dedicated participation.

Staking Elements

Central to internal staking on the ChainGuardians platform is $POW, the POWER Token. $POW was introduced to ensure legal compliance and to establish a flexible basis upon which to offer innovative DeFi opportunities in a sustainable manner. As such, $POW represents the primary building block of ChainGuardians’ internal staking going forward.

Full article available HERE

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ChainGuardians
ChainGuardians

Written by ChainGuardians

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