Phoenix Protocol & Loot
GAMEE's Phoenix Protocol initiative for GMEE token holders
What is the Phoenix Protocol?
The Phoenix Protocol is an initiative designed to reward GMEE token holders on Ethereum with potential rewards and early access to future GAMEE assets.
It's a series of Episodes that started on February 8th, 2024, and was created to enhance the utility of the GMEE token within our ecosystem. Over 5 episodes taking place across the GAMEE ecosystem, participants can collect Loot.
So far, there are two episodes available to take part in:
Episode 1: GMEE Soft Staking
Episode 2: The Loot Mine.
What is Loot?
Loot is the name given to the points that you collect in the Phoenix Protocol. It can be collected in different episodes of the Phoenix Protocol, and in occasional events elsewhere, such as in Arc8.
What is Loot for?
This will be revealed in the final Episode of the Phoenix Protocol. At the moment, it is only possible to collect Loot.
What is the GMEE Soft Staking (Episode One)?
This is the first Episode of the Phoenix Protocol. It is a soft-staking mechanism for GMEE tokens held on Ethereum.
Simply by holding GMEE tokens, participants earn Loot daily, with the amount based on the amount of GMEE they hold.
You can take part on the Phoenix Protocol website: https://points.gamee.com.
What is the Loot Mine (Episode Two)?
The Loot Mine is a mining activity on Telegram.
Participants need only to have a Telegram account for now, and can sign up on the Phoenix Protocol website later.
Find out more on our Telegram Loot Mining FAQ.
How do I participate in the Phoenix Protocol?
To take part in Episode One (GMEE Soft Staking):
Visit the Phoenix Protocol website.
Connect the wallet that holds your GMEE tokens on Ethereum.
Claim your Loot directly from the site.
To take part in Episode Two (the Loot Mine):
Go to https://t.me/gamee/mining. You do not need to have signed up on the Phoenix Protocol website to take part. You can find out more about Telegram Loot Mining on its dedicated FAQ page.
How do I connect my wallet on the Phoenix Protocol website?
To connect your wallet on the website, do the following:
On a mobile device: Use the Wallet Connect option and select the Ethereum wallet you are using to hold GMEE.
On Mac/PC: You can connect directly using a wallet from the list, or you can select Wallet Connect if you do not see your wallet listed there.
How do I collect Loot?
In Episode One, there are ten tiers for GMEE holders, each offering different daily Loot rewards. Loot is awarded based on the amount of GMEE a participant holds. We will take a random daily snapshot to determine your GMEE tier and the number of Loot you will receive.
In Episode Two, you can mine Loot via the Telegram Mining app.
Elsewhere, there have been other ways to collect smaller amounts of Loot:
In Arc8 Mocaverse Season challenges
In the GAMEE Zealy quest
Can I connect my Loot balance on the Phoenix Protocol website with Loot I have collected somewhere else?
No. These are separate balances.
Loot collected by holding GMEE is stored in your account on the Phoenix Protocol website.
Loot collected elsewhere (such as in Telegram mining or Arc8 competitions) is stored where you won it (eg. on Telegram or in your Arc8 account).
Can I still claim Loot if I join Episode 1 (Soft-Staking) step late?
Yes, participants can claim Loot retroactively for the entire campaign period, provided you held GMEE on either Polygon or Ethereum at the start of the campaign (February 8th, 2024).
This means that if you previously held GMEE on Polygon and are waiting to claim your GMEE on Ethereum, you can still participate. Both GMEE holders on Polygon and Ethereum will be rewarded with an amount of Loot as soon as they join, as a show of gratitude for taking part.
Is it possible to collect Loot on another network aside from Ethereum?
No. Although we are giving a bonus Loot reward to those who previously held GMEE on Polygon, the Phoenix Protocol is an exclusive feature for GMEE holders on Ethereum, or for our Telegram community.
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