In addition to staking rewards, users who stake and lock their $LOOT tokens would also be awarded a Gamer’s Power (GP) score, which is our ecosystem’s ranking system.
To incentivize long-term stakers, we will adopt a ranking system that differentiates between locked and unlocked tokens.
GP score is non-transferable and is calculated based on the amount of tokens and duration of the locking period.
The longer you lock your tokens, the higher the GP score you will receive. Furthermore, badges from guilds or partnerships will also increase your position in the ranking system.
The benefits from the platform like voting rights, early minting or participation in whitelists will be awarded to the gamers by GP ranking and the badges they own.