Whale.io Launches Whale Printer: $WHALE Token Staking
Whale.io has launched "Whale Printer," a new on-platform staking system for its native $WHALE token. The feature allows eligible holders to lock their tokens for fixed periods to earn predetermined rewards. Three lock-up options are available: 90 days with a 1.2x multiplier (107.8% APY), 180 days with a 1.5x multiplier (129% APY), and 365 days with a 3x multiplier (200% APY). Multipliers and rewards are fixed at the start of the staking period.
Rewards are distributed from a dedicated, non-replenishing pool of 20 billion $WHALE (20% of total supply). Once this pool is exhausted, the Whale Printer will close permanently, incentivizing early participation. Users can stake tokens directly from their Whale.io account balance, with support for up to 10 concurrent staking positions per account. Early withdrawal is not permitted.
$WHALE is the utility token for the Whale.io crypto casino and sportsbook ecosystem, distributed through gameplay and user activity rather than private sales. The staking mechanism adds new functionality and a reward structure for token holders. Whale Printer is now accessible via whale.io/token.
TheNewsCrypto06/03 14:08
