Author

Topic: [ANN] EtherChest.com Ethereum Staking Pool + NFTs (Read 139 times)

copper member
Activity: 9
Merit: 0
CEO Qwoyn
Saved for updates
copper member
Activity: 9
Merit: 0
CEO Qwoyn

EtherChest.com
The Worlds first Ethereum Validator pool!


The time is upon us and at 32 ETH its going to be hard to become an Ethereum Validator but etherchest.com makes it easy to get involved with only a small amount of ETH.  On other Blockchains such as TRON Super Representatives are community driven and play an important role in supporting new projects, stabilizing the network and validating transactions.  EtherChest.com is adopting the same principle and are committed to growing the Ethereum community and future projects.  We have developed a unique way of getting involved with staking by incorporating NFTs.

NFTs are becoming more widespread and their use cases are growing all the time, at etherchest.com we have devised a way to use NFTs for staking!  

Cubbys, Drawers and Chests

Our unique NFTs allow for proof-of-ownership and allow the etherchest.com smart-contract to identify which users to pay out and how much to payout.  In order to stake ethereum a validator wallet must contain a minimum of 32 ETH.  Our validator wallets called Chests are broken in to 3 tiers.  

  • Cubbys = 0.1 ETH
  • Drawers = 1 ETH
  • Chests = 32 ETH

Staking in a cubby is the most affordable option, at the time of writing 0.1 ETH is about 39 dollars so this makes it easy for anyone to get involved. Drawers are a little bit more and are equal to 1 ETH or 10 cubbys.  Chests are a full validator wallet equal to roughly 12 thousand dollars!

Contracts and NFTs

When a user stakes his ETH with etherchest.com it will be locked up for 12 months, which means nobody can redeem their stake before that period is over.  This is where the NFTs work their magic.  Each time a user stakes an NFT is created based on the size of the stake ie. cubby, drawer or chest. This NFT not only proves that you own the stake and allows you to receive payouts but can also be sold on any one of the NFT marketplaces.  

For example, user 1 stakes 1 ETH with etherchest.com, user 1 then receives 1 drawer nft and for 12 months receives a weekly payout in to the wallet that owns the NFT. During this twelve months the user cannot send us the NFT and redeem his/her original stake. Let us imagine that user 1 would like to sell his NFT to user 2.  Upon receipt of the NFT user 2 would immediately begin receiving the payout user 1 was originally receiving and can after the maturity period redeem user 1's original 1 ethereum stake.  User 2 may also decide to keep the stake active after 12 months and continue earning with the right to redeem or sell the stake at any time.

Getting Started and other info

Ethereum 2.0 is currently in testnet but we are accepting stakes and sending our users nft's early.  You may not be able to receive payouts but you will be first in line.  Your stake will also begin to mature upon receipt which means you will be able to redeem your stake sooner than anyone else! To get started you will need to visit our Telegram and contact one of our Authorized Agents (a list of Authorized Agents can be found in the Telegram Group Description)

Official Telegram Link
t.me/etherchest

Twitter
https://twitter.com/EtherChest




Minimum stake = 0.1 ETH

Fees
  • 10 Percent Daily Payout

NFT Contract full maturity = 12 months



Ethereum 2.0 APR Calculator
https://ethereumprice.org/eth-2-calculator/
Jump to: