Asset Staking
Staking is an important feature offered by Cyclops Game, it is core functionality, other features depends on

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Staking
Staking is an important feature offered by Cyclops Game, though it is not a main feature, it is a feature in which other features depends on. It serves as a complementing mechanism for their functionalities of those features.
For instance, Block of Fame uses a Staking-Voting mechanism to rank famers on the Block of Fame board. The ranking of a famer is equivalent to the amount in cryptocurrencies locked up in the famerโ€™s unique digital representation.
The Tournament also uses an Asset staking-supply mechanism to manage the supply of assets. Assets locked up in the staking vault are made available digitally to game players. The functionality of both the Block of fame and The Tournament will be later discussed.
Mainly, the staking rewards are paid in CYCR, the cyclops rewards token. The pool, distribution and staking lockup period will be covered next.
Staking Pools available:
The staking pools that are available on our staking app are discussed below. Their respective rewards distribution and lockup period are also presented.
1.Tournament Asset pool:
This allows users to stake their assets (game characters) and get rewards. Only game assets are required to be staked in this pool.
What can be staked
Reward Allocations
Lockup duration
Any game character (NFT) can be staked in this pool
Total amount of rewards is 40 CYCR per month
30 days
2.Block of Fame (BoF) Pool:
This allows users to stake the following individual tokens and also vote for Famers.
What can be staked
Total Reward Allocations
Lockup duration
CYTR
40 CYCR per month
30 days
CYCR
40 CYCR per month
30 days
ETH
40 CYCR per month
30 days
USDT (ERC20)
40 CYCR per month
30 days
3.Hephaestus Furnace Pool:
This allows users to stake uniswap liquidity tokens. The liquidity pairs that can be staked in this pool are:
What can be staked
Reward Allocations
Lockup Duration
CYTR-ETH Pair
60 CYCR per month
30 days
CYCR-ETH Pair
60 CYCR per month
30 days
CYTR-CYCR Pair
60 CYCR per month
30 days
In this, only uniswap liquidity token for the respective pairs can be staked
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