Wilder World Staking: Transitioning to Z Chain
Introduction
Back on December 20th, 2021, we introduced WILD staking and Liquidity Mining, giving the Wilder Nation an opportunity to earn yield and deepen their commitment to the WILD economy. Since launch, we’ve distributed millions of WILD to users who staked their tokens or provided liquidity through Uniswap.
Now we’re entering a new and exciting chapter with the migration of staking to Z Chain: a faster, cheaper, and purpose-built chain that will power the next era of Wilder World’s economy.
Overview
The Z Chain mainnet release happened in early February, and we are now in the process of transitioning a number of key systems and protocols to the chain, including our new staking and rewards systems.
Over the coming months we will phase out and deprecate the current Wilder World staking system, for both WILD and LP staking, and transition staked assets to Z Chain. This will enable fast and cheap deposits, and withdrawals, solving the multiple ‘deposit / withdrawal’ issue that has become prohibitively expensive for many on Ethereum L1. We know this has been a big issue for many Wilders and we are excited to almost have it resolved!
Prior to this system going live, rewards emissions will be reduced, in preparation for more faucets and sinks going live in the game, with the launch of the next version of Metropolis. We believe this change will be a positive change for the project and improve our token economy. All time-based locks will be reset at this point, ensuring that anyone is free to withdraw their tokens, even if they had previously entered a long-term lock in exchange for increased rewards.
Let’s break this down in more detail!
Migration Mechanics
The migration to Z Chain is being handled natively by the protocol. Wilders will not need to manually unstake or restake. All currently staked WILD and LP positions will be transitioned in the background, minimizing disruption and transfer costs to users.
Once the transition is complete, all staking-related interactions, including deposits, withdrawals, and reward claims, will occur on Z Chain. This eliminates the need for expensive gas fees associated with Ethereum L1 transactions.
The system will be rolled out in phases to ensure stability and security, and we recently completed our final audit with Nethermind. Users will be notified ahead of time when the migration is set to occur.
Future Staking Rewards
The total rewards rate across both WILD and LP staking will soon be reduced to 10-30% of current levels. This reduction is intended to help control token inflation and support the long-term sustainability of WILD. APR will remain dynamic, adjusting automatically based on the total amount staked in each pool.
While the emission rate will reduce, the goal is to make it dynamically adjustable in the future, based on protocol conditions.
Related to our future rewards systems, we want to hear from you! Our current focus is to supercharge WILD token utility and drive demand, while reducing the supply as the metaverse begins to roll out. As part of this process we want to collect community feedback based on the V2 rewards experience before launching any new reward systems.
If you’d like to share your feedback, please do so via this Typeform: WILD and LP Rewards V2 Feedback.
Unlocking Previously Locked Rewards
In the current system, any claimed staking rewards are automatically locked for 12 months before they can be withdrawn to your wallet. This mechanic will be removed entirely after the migration to Z Chain.
Once the new system is live, all previously locked rewards, regardless of when they were claimed, will become immediately withdrawable. No tokens will remain locked based on past reward structures. This gives all Wilders full access to their tokens, regardless of their original lock duration, without reducing or removing the significant benefits for time-based locking.
LP Staking and the L1–Z Chain Interface
LP tokens staked in the Uniswap WILD/ETH pool will remain bound to Ethereum mainnet. Z Chain will not host the liquidity pool itself but allow L1 LP tokens to exist on Z Chain.
If a user wishes to remove their LP stake after migration, they must bridge their LP tokens from Z Chain back to Ethereum, and manually remove their liquidity from Uniswap on L1. Instructions on how to remove V2 liquidity on Uniswap can be found here.
Conclusion
The migration of WILD staking and liquidity mining to Z Chain marks an important step towards improving the performance, accessibility, and sustainability of Wilder World’s staking system. It will lower costs, streamline rewards, and offer greater flexibility for participants, while reduced reward emissions take early steps toward supporting the long-term sustainability of the Wilder ecosystem.
As we make this transition, your input remains essential. Community feedback will play a key role in shaping how future rewards systems are designed and implemented.
Thank you for your support and continuing to make the Wilder World vision a reality.
With Blessings,
The Wilders