Unbounded.Earth announced a few months ago our intention to reward our UESP delegators with our $EARTH token! The time has finally arrived: you can claim your $EARTH distribution every epoch on Unbounded.Earth’s website under the “Stake” tab (please note, this location may change when we update our website).
Have you visited this article wondering how you can get some free $EARTH but either have never delegated or want to switch to our stakepool? We have an entire article dedicated to how to stake on Medium for anyone new to the ecosystem. You can read this by clicking here.
Where? Delegators can find the information on how to claim on our website
How long? Unbounded.Earth plans to distribute $EARTH to delegators possibly indefinitely
How much? Currently, delegators will receive .5 $EARTH per 1 ADA they have staked with our stakepool UESP*
*The amount of designated EARTH per ADA will change as the stakepool size changes. More on this below.
Claiming your EARTH each epoch is relatively simple as long as you are familiar with how to send ADA from your Cardano wallet that is delegating to our stakepool (do not send ADA from exchanges!). First, copy the address listed on our website under the “Stake” tab. Next, send 3 ADA to that address from the wallet that is delegated with UESP. After this has been received, our system will return 1.5 ADA alongside your allocated $EARTH. If you attempt to claim twice in an epoch, your ADA will be returned minus transaction fees.
U.E has set up a system that allows your $EARTH to accrue. This means that you do not need to claim your $EARTH each epoch. The allocation has begun accruing now, which means historic delegation will not be rewarded EARTH token.
As the stakepool grows, the amount of $EARTH received per ADA will change. Our desire is to reward our early delegators with more $EARTH for having chosen to support the U.E mission and stakepool. As a result, now is the time to delegate with us to receive likely the greatest amount of $EARTH for your stake. You can begin delegation at any time and begin claiming your rewards the next epoch. Click here to learn how to stake/delegate with us!
U.E has $EARTH designated for stakepool rewards for 1–2 years for our delegators! However, by the time the designated rewards have been used, U.E will have a robust marketplace and ecosystem surrounding its $EARTH token. This means that U.E may recycle our token to be allocated to our stakepool indefinitely, to support the Cardano mission and decentralization.
How can you use $EARTH token? $EARTH will be the native token of the U.E ecosystem and will eventually be used to purchase in-game and website items. Reminder, $EARTH is verified on Minswap, Muesliswap and Sundaeswap DEXes.
Thank you to our delegators and community. We would not be where we are without you! Move with Us!