Staking $SPO on Spores Launchpad: A Detailed Guide for Users

3 min readSep 4, 2024

Engaging with the crypto ecosystem through staking $SPO not only provides you with an attractive Annual Percentage Rate (APR) but also grants access to VIP tiers, which offer numerous benefits when purchasing Initial DEX Offerings (IDOs) on the Spores Launchpad.

This guide will walk you through the process of staking $SPO and explain the benefits associated with each VIP tier.

Step-by-Step Guideline

Step 1: Go to the Staking Page and Connect Your Wallet

Visit the Spores Launchpad Staking Page
Click the “Connect Wallet” button in the upper right corner.

Note: Make sure your wallet supports $SPO and is properly funded before connecting.

Step 2: Stake the Required Amount of $SPO to Achieve a VIP Level

Choose the active pool you wish to stake

Enter the amount of $SPO you want to stake

Confirm the staking transaction through your wallet. This will lock your $SPO tokens into the staking pool.

Understanding VIP Levels and Allocation Mechanism

Staking $SPO tokens allows you to achieve different VIP levels, each offering increased benefits. The higher your VIP level, the greater the multiplier on your IDO allocation. Below is a table detailing the multipliers and the corresponding APR for each VIP level:

By achieving higher VIP levels, you secure larger allocations for IDO projects when buying on Spores Launchpad, as well as benefit from juicy APRs. This structured approach ensures that dedicated investors are rewarded proportionally for their commitment.

Conclusion

Staking $SPO on Spores Launchpad is a strategic way to maximize your investment opportunities in the decentralized finance space. By following this guide, you can effectively stake your $SPO tokens, achieve VIP levels, and enjoy enhanced benefits when participating in IDOs.

For more detailed information, refer to our Staking Guide and join our community on Telegram for real-time support and updates.

About Spores

Spores Network is a leading multi-chain launchpad for IDOs and INOs, committed to supporting high-quality web3 projects with comprehensive solutions that go beyond funding. Join Spores as we revolutionize the world of decentralized finance and empower the next generation of creators and entrepreneurs to achieve their goals.

Join our collective. Tell your story. Share our vision, at Spores Official!

*For any assistance, don’t hesitate to reach out to our support team via our Telegram channel. We’re here to ensure a seamless and rewarding staking experience for you.