News > Earn ORB tokens by staking your IG Gold (IGG) in IGGalaxy!
IGLabs will be a core component of IGGalaxy that will spearhead the mainstream adoption of crypto assets for gamers.
First launched in May 2019, IGLabs currently allows IG Gold (IGG) holders to store their tokens in ‘power capsules’ for a fixed period of time. By doing so, they are then rewarded with ORB tokens!
For now, ORB tokens can be sold to IGLabs at a current rate of 5 IGG per ORB token, or held for later utility in IGGalaxy!
As for the future utility of ORB tokens, we can reveal that ORB will play the role of a governance token for IGGalaxy and will be the operational token for IGLabs.
Want to take part and start generating ORB? Here’s how!
Freeze your IGG tokens for fixed period of time to earn ORB tokens!
Deploying a ‘power capsule’ requires a MATIC fee, which is currently estimated at around 0.0005 MATIC per capsule.
We recommend buying MATIC tokens directly via your IGWallet.
In the near future, Galacticans will have the ability to pay for network fees in IGGalaxy with IGG tokens.
Once you’ve entered IGGalaxy, and have a wallet set up with required tokens, click the ‘Capsules’ icon as shown below.
Select ‘Capsules’ in IGLabs to generate ORB!
This is where you can access all ‘Frozen’, ‘Ready’ and ‘Claimed’ capsules.
See frozen, ready and claimed IGLabs ‘power capsules’!
Remember each capsule must hold a minimum of 100,000 IGG and a maximum of 25 million IGG; but there is no limit to the number of capsules you can create.
All ‘power capsules’ are set to 30 days to maximise ORB rewards.
Choose the amount of IGG you wish to store your ‘power capsule’!
To keep up to date with developments, please follow us on our various social media channels:
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