Explaining how to stake Colony and Script in the Arcade Colony.

Today I'm going to explain how to stake COLONY and SCRIPT on Arcade Colony, so join me on this brief journey of knowledge.

For those unfamiliar with Arcade Colony, it's owned by Invennium Corp. Arcade Colony is a platform for arcades and video games with a functional economy based on a governance token, "COLONY", and a product-backed stablecoin called "SCRIPT".

Invennium Corp. is a 100% subsidiary of Splinterlands.

On Arcade Colony you'll find 4 games: Splinterlands, Moon Karts, StakeHouse Den and Genesis League Goals.

They are all great games, and currently I'm only playing Splinterlands and StakeHouse Den, but soon I'll start my journey in Moon Karts because it reminds me a lot of Mario Karts, so I'm sure it will be a fun game and hopefully profitable as well.

To stake COLONY and SCRIPT, you will need to own them in your wallet, and there are 3 options for purchasing these tokens.

You can buy COLONY and SCRIPT on Hive Engine, Tribaldex and Beeswap.

For more information on how to buy COLONY and SCRIPT, I recommend my post: The Best Options to Buy COLONY and SCRIPT, where I explain these 3 options in detail.

Once you own COLONY or SCRIPT in your Hive Engine wallet, you will need to log in to the Arcade Colony website. To stake the tokens, click on the COLONY or SCRIPT token icons in the upper corner of the screen.

I will use COLONY as an example, but the SCRIPT mechanics are the same. To stake, you will need to transfer the tokens from Hive Engine to Arcade Colony, so choose the Transfer option.

I have 1990 COLONY in Hive Engine and I'm going to stake them. This is something I should have done a long time ago because the amount of COLONY staked greatly influences your winnings in games (except for Splinterlands).

To stake tokens, choose the Stake option, select the amount, and click Stake.

Now I have 1990 COLONY staked, and this is a small amount, but it's a good start to increase my winnings, especially since I'll soon be starting Moon Karts, and if I want to get good winnings, I'll need a lot of COLONY staked.

To find more information about Arcade Colony and how to create an account, I recommend my post: Discover the Arcade Colony Platform.

You can also find more information on the Arcade Colony Whitepapper and Discord.

Posted Using INLEO