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  1. HOOP Token

Stake

PreviousINONextToken Utility

Last updated 2 years ago

Stake Pools are the simplest way to earn profit share on Hoopoe staking platform. Stake NFT Membership card, earn rewards. It’s really that easy.

In stake pool, the tokens of the projects we invest in are distributed as rewards. $HOOP tokens are not distributed in staking pool. In this way, the profit sharing method takes place fairly. At the same time, the inflation that may occur in the $Hoop token will be prevented.

Each member will get additional benefit in a form of annual yield reward by staking Hoopoe Membership Card. Membership cards have different coefficient according to their level. Members earn rewards from the stake pool in proportion to their membership level.

How can I use Stake Pool?

  • Go to the Stake Pools page .

  • Connect to your compatible wallet by clicking the Connect button (top right-hand side).

  • Stake your membership card.

  • Your wallet will ask you to confirm the action.

  • Click Confirm. Your wallet will ask you to confirm the action.

  • Start earning tokens of the projects we invest in.

40% of the revenue will be distributed to our Hoopoe VIP members at our stake pools.

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