New Stake Pool Rewards!

GeroWallet
2 min readApr 1, 2023

Starting with epoch 404( April 5, 2023), Gero Stake pool will begin distributing additional rewards in the form of $NEWM as part of the NEWM ISPO. Addresses delegating a minimum of 250 ADA will begin to earn $NEWM rewards at the rate of 1 $NEWM for every 1000 ADA staked every epoch.

This means the GERO stake pool will be providing rewards in ADA, $GERO, and $NEWM. For more details about $GERO rewards. Read here: https://gerowallet.medium.com/announcing-gero-stake-pool-rewards-1a1b8e7f22f1

How to participate: Stake to GERO stake pool via GeroWallet.

How to guide: https://gerowallet.medium.com/staking-ada-with-gerowallet-7efe34c62f05

How to Claim: $GERO and $NEWM rewards can both be claimed via DripDropz(https://dripdropz.io/).

As a reminder here is the $GERO rewards breakdown for delegators.

GERO Stake pool rewards breakdown

Additional information:

  • The minimum amount of delegated ADA to qualify for rewards is 250 ADA.
  • $GERO Pioneer bonus will end with epoch 403.
  • Loyalty bonus resets after an address stops delegating.
  • Bonuses only apply for $GERO rewards.
  • Rewards expire after 7 epochs

For questions or additional information you can reach us here:

GeroWallet
Discord: https://discord.com/invite/Wj4EyjNdNb
Telegram: https://t.me/GeroWallet
Support: https://www.gerowallet.io/#contact

NEWM
Website: https://newm.io/
Discord: https://discord.com/invite/z4sYqxqgvQ
Telegram: https://t.me/NEWMofficial

DripDropz
Website: https://dripdropz.io/
Discord: https://discord.com/invite/BfFCgQyhRU
Telegram: https://t.me/+vjveM6iyK4Y2MTJh

--

--