The THG Staking program was launched back in April and has received a lot of affection from Thetan Arena community. As a crucial part of the roadmap, the staking program was designed to optimize the profits of THG holders.
Almost 2 months after the launch, the staking program is now entering phase 2, where stakers can start using the private tickets they received from the High Rewards stake option to buy from Private Sales and become early token holders of other projects.
The first Private Sale will be opened on 10th May.
In order to access a Private Sale, stakers have to access THG Staking on the Marketplace, where all the data and figures of the staking program are displayed. A separate section named Upcoming Project is where users can find the information about Private Sales and the projects. Here users can see which project is opening the sale, which has been over, and which is going to open their sale in the future.
Buying from a Private Sale will require private tickets, which are generated when a user chooses the High Rewards stake option. The tickets will accumulate over time, allowing that user to put more into a private sale. Each ticket represents 5 BUSD, and a maximum of 50 tickets, which is equivalent to 250 BUSD, can be put into a private sale.
It is important to note that only one transaction in a Private Sale is allowed for each user. So it is strongly recommended that the users thoroughly consider how much they wish to put in a Private Sale before conducting the transaction.
As mentioned prior to the launch of the staking program, the first three projects that will open their Private Sales are Balthazar, Infinity Force, and Salad,. Those who have joined the staking program choosing the High Rewards stake option can increase their profits even more by buying from the Private Sales and become token holders of these projects in their early stage.
As these projects are backed and supported by prominent backers, like Fantom, Alameda Research, OKEx Blockdream Ventures, Animoca Brands, just to name a few, they have the potential to yield high returns for the holders down the road.
The THG program is still running until 2023. At the moment, our THG holders can continue to stake to gain profits from high APR and generate more private tickets as Thetan Arena is going to bring more Private Sales to the program.
