GENESIS PASS STAKING AND $GAGA TOKEN

Haunted Space
4 min readJan 18, 2024

We’re pretty sure you know our company is going through big and promising changes in order to ride the upcoming bull run in the best way possible.

Some of you were wondering: What happened to the HS token? What will I get from staking?

TOKEN CHANGE (NO MORE HS — WELCOME GAGA)

Our token HS will not exist anymore, instead we will release our new token GAGA that not only supports more games in an ecosystem token but will also have extended utilities!

What about my rewards? Don’t worry we got you! All the reward that you have to receive in HS will be automatically noted down and converted in GAGA (our only token)

GENESIS PASS STAKING: GENERAL INFO REFRESH FOR ALL!

Our reward system is designed to benefit our loyal holders, if you are a Genesis Pass NFT, staker or you want to be one you can find yourself in 4 different situations:

  1. You staked in V1 with 3/6/12 months staking and you are still holding your NFTs staked in the platform
    The staking length has been increased so you can get the staking rewards generated up to September 2024
    (remember that 3 months staking revenues < 6 months < 12 months)
  2. You staked in V1 with 3 or 6 months but you decided to become a long term supporter of Galaxy Games and you want to upgrade and receive more rewards
    Go to Staking platform and stake in the V2 (the only available for new stakers) you will lock for 1 year lock then you will get the rewards
  3. You staked in V1 with 12 months
    Just keep them locked in that pool and you will get the same rewards for V2 stakers
    (we don’t want you to spend fees, we want you to support our project)
  4. You are new and you heard about a drop for our GENESIS NFT holders that stake
    Just go to Opensea buy our Genesis Pass NFT then go to our https://platform.hauntedspace.io/ and stake in the V2 for 1 year.
    After the end of staking you will be able to claim your GAGA rewards with a vesting like all the other stakers!

OTHER USEFUL STUFF TO KNOW

Where are my rewards?
Rewards will be distributed over the months following the TGE (Token Generation Event) with an unlock schedule optimized for the sustainability of our project starting by the end of staking.
On top of that we will organize something in order to benefit the stakers that are also active participants in the community (but that’s a secret for now)

Please Sir tell me how much my reward is!
We are in the fundraising phase therefore tokenomics and numbers can slightly change until TGE. Final numbers will be revealed at TGE and you will be able to claim rewards by our platform!

I am a big holder, I deserve more!
Yeah for sure, that’s why you don’t have to forget that the more NFTs you keep locked, the more Bonus Boost rewards you get…

Yeah I see you big holder! We got you covered:
If you have 40 NFTs staked you get Max Boost for every NFT staked not just the first 10!

For example: if you have 40 NFTs staked you’ll get max boost on all your NFTs.

Another example: if you have 25 NFTs staked, you’ll get max boost anyway, because you have more than 10 NFTs in staking.

FINAL STUFF TO KNOW

Stay tuned as we continue to enhance our project, and always keep in mind that

MORE GENESIS PASS NFTs LOCKED = MORE ADVANTAGES
GAGA STAKING REWARDS IS JUST 1 OF GENESIS PASS BENEFITS
(and we will have soon news on this)

Bull market is coming, we keep building stuff, we prepare for the biggest gigantic run you all ever saw on crypto gaming… 2021/2022 was a joke compared to what we are about to witness

Stay ready and follow our official Haunted Space and Galaxy Games X accounts!

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Haunted Space

A deep adventure that lets you experience tight space combat against dangerous rival pilots or monstrous beings.