Geeq Staking Updates

By: Geeq  on Mar 18, 2021

Hello, Geeq Staking Community! We wanted to remind you that our own Geeq Staking TWO will unlock on MARCH 27 at 2 pm UTC.

Reminder: Wait until the withdrawals are open: if you withdraw before the pool ending date you will incur a penalty as seen on your staking dashboard, so we advise you to wait until the full term of the pool for maximum rewards. We have a handy step-by-step guide about How to Unstake below.

We also are proud to Announce: We will have two new pools for Geeq webstaking, in place by the end of Geeq Staking TWO.

In the meantime you still have the great opportunity to stake on Bitmax.io exchange which offers compound staking at 36% and also Saffron Finance which is currently offering a staking pool for GEEQ/SFI every 2 weeks with rewards in SFI until further notice.

Guide : How to Unstake from the Geeq Staking 2 Option

If you are brand new to this process, it is a good idea to read through all the steps before you start.

  • To remove your GEEQ from the staking pool on the website, firstly go to Geeq Staking 2 by clicking the POOL FULL button.
  • Connect your wallet using the connect wallet button on the top right of the screen.
  • Unstaking Must Happen From the Same Wallet Used to Stake your Tokens.
  • Wait until the withdrawals are open, again if you withdraw before the pool ending date you will incur a penalty as seen on your staking dashboard, so we advise you to wait until the full term of the pool for maximum rewards.
  • Select unstake.
  • MetaMask will pop up (or your web3 wallet you used to stake), with the number of tokens you wish to remove and the price of the gas fees. You will need some ETH in your wallet to pay for the transaction.
  • Confirm your transaction in MetaMask, and remember to edit the gas fee if you wish to change the increase or decrease transaction speeds, but we recommend you use the average rate.
  • Finally, wait until the transaction goes through.
  • Your Geeq Tokens will now be in your wallet.

Coming Soon: New Geeq Web Staking

Geeq Staking ONE Terms

  • Full Rewards: 38% annualized
  • Full maturity: 60 days
  • Early withdrawal: No early withdrawal
  • No Minimum
  • Maximum stake allowed 20,000 Geeq
  • Pool size: 1 million GEEQ
  • Contribution window closes on April 3rd at 2 pm UTC (10 am ET) if pool is not filled before then.

Geeq Liquidity Staking:

  • Stake your Uniswap v2 LP tokens here
  • Rewards: Uniswap Trading Fees + 85% APY
  • Full maturity: 60 days
  • Early withdrawal after 30 days
  • Early withdrawal: 30% annualized
  • Pool Size: $200k GEEQ/ETH each side lockup
  • Contribution window closes on April 3rd at 2 pm UTC (10 am ET) if pool is not filled before then.

What’s Next

In the coming week, we will update the GEEQ Staking website with a countdown until the new staking pools open on Saturday, March 27 at 2 pm UTC (10 am ET). Once the countdown is complete, the two new staking pools will be open!

Thank you for being a Geeq, we appreciate you!