Key facts
- Whale.io launched Whale Printer staking for its $WHALE token.
- Staking options include 90-day (107.8% APY), 180-day (129% APY), and 365-day (200% APY) lock-up periods.
- Rewards are distributed from a fixed pool of 20 billion $WHALE, representing 20% of the total supply.
- The Whale Printer will close permanently once the reward pool is depleted.
- Users can have up to 10 concurrent staking positions.
- Early withdrawal of staked tokens is not allowed.
Whale.io has launched Whale Printer, a new on-platform staking system for its native $WHALE token. The system allows users to lock their tokens for fixed periods to earn rewards. Three lock-up periods are available: 90 days offering 107.8% APY with a 1.2x multiplier, 180 days offering 129% APY with a 1.5x multiplier, and 365 days offering 200% APY with a 3x multiplier. The multipliers are set at the time of creating a staking position. All rewards are paid from a dedicated pool of 20 billion $WHALE, which is 20% of the total token supply. This reward pool does not replenish, and the Whale Printer will close permanently once it is exhausted, encouraging early participation. To stake, users must have $WHALE tokens in their Whale.io account balance, and each account can support up to 10 concurrent staking positions. Early withdrawal of staked tokens is not permitted. The $WHALE token is described as the native utility token of the Whale.io crypto casino and sportsbook ecosystem.