Stake $SQR: Earn Rewards, Drive Ecosystem Growth

Magic Square, backed by Binance Labs, launches a staking program for its $SQR token holders. Stakers can earn APR and exclusive SQRp Points for access to launchpad sales on the Magic Square platform. This initiative enhances the utility of the $SQR token and fosters community engagement within the Magic Square ecosystem.

Staking $SQR: A Path to Rewards and Ecosystem Growth

Magic Square, the Binance Labs-backed Web3 app store, has acquired TruePNL and launched a staking program for $SQR token holders. Let's dive into the details:

What's the Deal with Staking $SQR?

Staking $SQR allows you to earn an Annual Percentage Rate (APR) by locking your tokens in various pools. The reward rates vary depending on the pool, and the total rewards you receive depend on the amount and duration of your stake.

More Than Just APR

In addition to APR, you'll also earn SQRp Points, which grant you exclusive access to launchpad sales on the Magic Square platform. The more $SQR you stake and the longer you stake it, the more SQRp Points you'll accumulate.

Magic Square CEO: We're Pumped!

Andrey Nayman, CEO of Magic Square, is stoked about the new program: "We're thrilled to launch the $SQR staking program, which rewards our community for their loyalty and deepens their engagement with the Magic Square ecosystem. This initiative is crucial for increasing the utility of the $SQR token, building a stronger and more supportive community, and contributing to our platform's growth. Offering SQRp Points as an additional benefit ensures that our users have exclusive access to the most promising projects in the web3 space through our launchpad."

How Do I Get in on the Action?

Head over to the Magic Staking Platform, connect your wallet, and follow the prompts. It's that easy! You'll see the expected APR and SQRp Points clearly displayed.

Launchpad Perks

The staking program is designed to reward active community members with valuable SQRp Points for the launchpad. Several leading projects are eager to host token sales on the Magic Square launchpad, anticipating strong demand once the product launches in Q2.

What's Magic Square All About?

Magic Square is the first Web3 App Store, aiming to address user acquisition challenges, enhance user engagement, and provide a rewarding experience through its community-driven platform. Their platform connects high-quality users with projects, fostering meaningful interactions and growth. With the introduction of its launchpad, Magic Square aims to establish itself as a comprehensive growth-hacking solution for projects, covering everything from discoverability and user acquisition to community building and now, fundraising as well.

Connect with Magic Square

For more information, visit https://magic.store/.

Media Contact

Anastasia Razin
Partners@magicsquare.io