Faraland has ended the three-month and six-month staking packages, but Fara holders can still get 20 to 30 percent of APR, possibly even higher by loan-staking to increase the EXP for heroes.
Currently, heroes and items are actively tradeable on the marketplace, with nearly 10 million USD total transaction value. It is clear that the total number of real users, who have actual needs of purchasing heroes and items for the upcoming game, is increasing day by day. Seizing this opportunity, many users have taken part in heroes and items trading activities to make profits. Besides hunted equipment, EXP is also a crucial factor that can only be acquired through staking FARA tokens at the moment. A closer look at the number of staked Fara Token reveals that despite the high APR three-month and six-month staking packages was canceled, it is still increasing day by day. Personally, this happens because players have decided to put earning EXP as their top priority. Some of the high-tier equipment can only be used if the hero level is equal to or higher than the gear requirement level. I’m running four loan-staking 5K of Fara Token packages to increase Hero level, which have earned me nearly 500 Fara after 20 days of loan-staking with an interest of 1 Fara per 1 EXP, and I’m often fully booked. Right now, the APR is approximately 30%, nearly the same as the six-month staking package, and may increase due to the growing demand for leveling up Heroes and Items when Faraland’s text game is released. Meanwhile, the number of players participating in loan-staking EXP is still very low, less competitive comparing to the trading market of Heroes and Items.
With the current price of Fara Token, it is the golden time to start investing in Fara for two reasons. First, Faraland’s expedition is around the corner. Secondly, there are advantages of being an early participant in the loan-staking market to increase your hero EXP and making profits every day while waiting for Fara token price to skyrocket (This was only my opinion when I decided to invest in Fara Token)
If anyone needs a loan-staking to increase their hero EXP, you can contact me via Telegram: @vmt1984 and registered to be in the waiting line. I’m currently running a 5K loan-staking for three days with a fee of 4 $FARA per day. (Which is less than 1 $FARA per 1K of EXP)
What is Faraland
Faraland is a role-playing strategy wargame for Android and iOS, developed on blockchain by MoonKnight Labs, a company based in Vietnam. The players control the characters of 7 races: Humans, Orcs, Elves, Fairies, Dragonborns, Angels, and Demons — each with different abilities, strengths, intelligence, and agility, to fight with other players in a universe called Faraland. The game will be released in Q4 2021, and the NFT heroes sale will be launched on May 29, 2021.
Faraland is an innovation project combining NFT technology and gaming experience. Not only are all exquisitely digital collectibles created using blockchain technology, but all NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value. NFT is the soul of this project. Each Hero, NFT of Faraland, is unique. Each collectible is matchless, genuine, and varies in rarity. Faraland Universe has many different races like human, orc, angel, demon, Dragonborn, elf, and fairy, awaiting the users to discover.
Faraland is different compared to other NFT projects where NFT is solely used for collection. With many exciting gaming activities, Faraland’s users can use their NFT heroes in many unique ways, from equipping them with powerful weapons or shining armors to engaging them in various thrilling battles. It’s a solid and exciting game with a fundamental and engaging storyline. We also focus on the “play to earn” mechanism, making Faraland far beyond a regular game. A variety of options are also available for users, including reinvesting in the game, making your heroes stronger, or cashing out. Our vision is to make Faraland a “dream job” by providing players worldwide opportunities to generate regular income from the project.