How to stake $YGG to join the $LOL token launch

The YGG Play ecosystem continues to expand its rewards system with new opportunities for players holding their $YGG tokens. This time, the platform has enabled $YGG staking as part of the $LOL token launch, the official in-game currency of LOL Land, developed by Hype Reel and published by YGG Play.

What is the $LOL Token

The $LOL token serves as the loyalty and rewards currency within the LOL Land universe. It is used in the VIP System, which allows players to unlock exclusive perks, increase withdrawal limits, and access in-game advantages by staking tokens.

Unlike other projects, $LOL is designed exclusively to operate on decentralized exchanges (DEX). Neither Hype Reel nor Yield Guild Games plan to list it on centralized exchanges, as the main goal is to keep the token economy within the LOL Land ecosystem.

For the full range of YGG Play games and experiences, the main token remains $YGG, available on both centralized and decentralized exchanges.

$LOL Launch Details

The token launch takes place through YGG Play in an event that accepts only $YGG contributions. This process allows players to participate by staking to earn points and access the launch.

$LOL Token Overview:

• FDV (Fully Diluted Valuation): 900,000 USD
• Total Supply: 5 billion $LOL
• Participation Target: 90,000 USD in $YGG (100% added to LOL fund)
• Accepted Token: $YGG
• Per Player Cap: 1% of the total (≈900 USD in $YGG)

These parameters are designed to ensure gameplay transparency and a community-focused distribution. The figures are not financial projections or investment terms.

How to Stake $YGG on YGG Play

Players can start participating directly from the official YGG Play site by following a few simple steps:

1. Connect your Web3 wallet (e.g., MetaMask).
2. Select the LOL Land pool.
3. Stake your $YGG tokens.
4. Earn points automatically each day.

Each user earns daily points based on the amount of $YGG staked. The more tokens locked, the more points they can earn. Points are calculated and updated daily at 00:00 UTC.

When users unstake their tokens, point generation stops. Accumulated points can later be used to join new token launches within the YGG Play ecosystem.

How to Use Points to Join the Launch

After earning points through staking, players can join the $LOL token launch using a combination of points and $YGG in one transaction.

The process includes:

• Choose how many points to use.
• Select the amount of $YGG to contribute.
• Confirm participation.

Points determine the user’s share of the total allocation, while the $YGG amount defines the final contribution.
Once the contribution period closes, a snapshot is taken to finalize results. Any excess $YGG is automatically refunded, and used points are burned with no refund option.

Claiming $LOL Tokens

After the contribution period ends, participants can claim their tokens from the launch page on YGG Play once liquidity goes live on the corresponding DEX.
If the participation target is not met, all contributed $YGG is automatically refunded.

The $LOL token launch marks another step in connecting gaming and community-driven economies within the YGG Play ecosystem, reinforcing the Play-to-Airdrop model and the growing opportunities through $YGG staking.