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Claimed your $LOL? Here’s how to use them, earn more, and level up in LOL Land.

moizzz

15 days ago

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The new $LOL VIP and Staking system is now available in LOL Land, giving players a clear way to progress, unlock exclusive rewards, and enhance their in-game benefits.

How the VIP System Works

The system introduces 10 VIP levels, from Bronze to Diamond, each with its own staking requirements and perks.
As players advance through the VIP tiers, they gain higher bonuses, better redemption limits, and more frequent rewards.

To level up, players must stake a certain amount of $LOL tokens. The higher the staking amount, the faster the progression through tiers.

Main Benefits

1. VIP Staking

  • You can stake or unstake anytime, with no time limits.
  • The minimum amount to participate is 10 $LOL.
  • Your VIP level is based on the average staking amount over 7 consecutive days.
  • The lowest staked balance within a 24-hour period determines your daily staking amount.

2. Premium Roll Rewards

  • Active stakers receive hourly premium rewards, which scale with VIP level.
  • These can be claimed directly from the Vault, where you can also manage your staking and token settings.

Reward Redemption System

To maintain ecosystem balance, LOL Land applies a Reward Redeem Ratio, limiting how much each player can withdraw based on their total payments.

Formula: Reward Redeem Ratio = Reward / Payment

  • Payment: Total USD value paid by the player (in ETH, USDC, or USDT), excluding any YGG purchases.
  • Reward: Total USD value of $YGG successfully redeemed by the player.

Example:
If a player has $115 in rewards and $110 in payments, their ratio is 104.5%.
If they try to redeem another $10, the ratio would increase to 113.6%, and the system will block the transaction if it exceeds their limit.

Redemption Limits by VIP Level

Each VIP tier determines the maximum allowed redemption percentage. Higher ranks unlock greater redemption capacity:

Redemption Limit by VIP Level
BronzeSilverGoldPlatinumJadeTopazSapphireRubyOpalDiamond
100%120%125%130%135%140%150%160%180%200%

 

Higher levels not only increase redemption limits but also unlock exclusive bonuses and cumulative in-game benefits.

Players can check all details about levels, formulas, and staking requirements in the official LOL Land announcement and follow $LOL updates through OLA GG’s official channels.

 

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