Wat Protocol & WatPoints
GAMEE's Wat Protocol initiative for GMEE token holders and theot GAMEE community
Last updated
GAMEE's Wat Protocol initiative for GMEE token holders and theot GAMEE community
Last updated
The Wat Protocol is an initiative for TON.
It was created in order to reward GMEE token holders on Ethereum and the communities across GAMEE's ecosystem, and is now centred around the WatBird.
It's a series of Episodes that started on February 8th, 2024, and was initially known as the Phoenix Protocol.
The initiative 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 WatPoints, known at launch as "Loot".
At present, there are three episodes available to take part in.
Episode 1: GMEE Soft Staking (Finished)
Episode 2: The WatPoint Mine.
Episode 3: GMEE Hard Staking
Episode 4: NFT Communities
WatPoints are what you collect in the Wat Protocol. They can be collected in different episodes of the Wat Protocol, and in events elsewhere, such as in Arc8.
This will be revealed in the final Episode of the Wat Protocol. At the moment, it is only possible to collect WatPoints.
The WatBird is the meme character that replaced the phoenix during Episode 3, and is at the core of the Wat Protocol. Unlike the Phoenix, the WatBird has lore and character, which will be gradually revealed as the Wat Protocol continues.
Join the WatBird community and follow the WatBird on Twitter.
No. These are separate balances.
WatPoints collected by staking GMEE or taking part in NFT Communities are stored in your account on the Wat Protocol website.
WatPoints collected elsewhere (such as in Telegram mining or Arc8 competitions) are stored where you won it (eg. on Telegram or in your Arc8 account).
The WatPoint Mine is a mining activity on Telegram.
Participants need only to have a Telegram account for now.
Find out more on our Telegram WatPoint Mining FAQ.
Episode 3 of the Wat Protocol is a hard-staking initiative on Ethereum: this means that the GMEE you commit to staking is locked for the period of time that you choose. You can choose to stake for 30 days or 60 days, with the latter option resulting in more WatPoints.
Episode 4 of the Wat Protocol is for friends of the WatBird. Blue-chip NFT communities (and GAMEE's own Beasts) can earn WatPoints every day simply by holding.
Eligible NFTs are:
Find out more here.
To take part in Episode Two (the WatPoint Mine):
Go to https://t.me/gamee/mining. You do not need to have signed up on the Wat Protocol website to take part. You can find out more about Telegram WatPoint Mining on its dedicated FAQ page.
To take part in Episode Three (GMEE Hard Staking):
Visit the Wat Protocol website.
Connect the wallet that holds your GMEE tokens on Ethereum.
Choose your amount and stake for 30 or 60 days
Claim your WatPoints directly from the site.
Click here for more information on GMEE Hard Staking.
To take part in Episode Three (NFT Communities):
Ensure you hold one of the participating NFTs.
Visit the Wat Protocol website.
Connect your wallet(s) containing the NFTs.
The minimum staking amount is 1000 GMEE. There is no upper limit on how much GMEE you can stake. However, the more GMEE you stake (and the longer you do it), the more WatPoints you will earn.
Yes. Your GMEE is locked into a contract for the duration of time you choose (30 or 60 days). It will be returned to you. However, note that you cannot access or trade your staked GMEE during this period; if you withdraw your stake, there is a 5% tax on the amount staked.
You cannot remove GMEE from the contract after you have staked without incurring a 5% tax, but you can stake more GMEE.
You must stake for the same amount of time as your initial stake (30 or 60 days) and the staking period will be reset back to day one for all the GMEE you now have in the contract.
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.
In Episode Three, there are tiers for those who stake GMEE, each offering different daily Loot rewards. WatPoints are awarded based on the amount of GMEE a participant stakes.
In Episode Two, you can mine WatPoints via the Telegram Mining app.
Elsewhere, there have been other ways to collect smaller amounts of WatPoints:
In Arc8 Mocaverse Season challenges
In the GAMEE Zealy quest
No. Although we gave a bonus WatPoint reward to those who previously held GMEE on Polygon, the Wat Protocol is an exclusive feature for GMEE holders on Ethereum, and for our community on Telegram and Arc8.
