# MAGIC WORLD

What is the Magic World and what will happen in there?

The Magic World is a save haven built by the Warlocks, their new home. Lots of stuffs will be happening in the Magic World.

Staking V1 and V2?

Shortly after the launch, Staking V1 will be launched in the Magic World which will make use of the normal staking mechanism:

* All Warlocks staked will earn 10 $WAND/day.

At launch of Staking V2, 150 $WAND will be paid for access to the Staking. In a case whereby total $WAND earned from Staking V1 isn’t up to 150, Staking V1 will be live until it hits 150 $WAND to give a fair chance to everyone.

**Theoretically:**

Let’s say Staking V1 has been live for 7 days, with staking beginning from day 1 - The total token earned will be 70 $WAND. If the Staking V2 is launched on the 7th day, Staking V1 will keep running until day 15 where token earned will be equal to 150 $WAND @ 10 $WAND/day.

IF staking has been live for more than 15 days before the launch of the Staking V2, Staking V1 is immediately stopped!

## Staking V2

Staking V2 will also be activated in the Magic World when it launches. It’ll be using a special staking mechanism. But, without a Warlock and $WAND you can’t use the Staking V2.

With staking V2, staking becomes more fun.

How?…you ask!\
We’ll be using the Proof-Of-Time mechanism. No locking for 3 months, no bs!…the longer you stake, the more you earn daily. You can unstake any time and any day!

**For example:**

Day 1: 5 $WAND/day.&#x20;

Day 2: 8 $WAND/day.&#x20;

Day 3: 11 $WAND/day.&#x20;

Day 4: 14 $WAND/day.&#x20;

Day 5: 17 $WAND/day.

And so it continues but capped at 30 $WAND/day. At that point using Staking V2 will be earning you daily 3x of Staking V1’s daily earning.

With this example, it’ll take you 9 days to break even for the access fee. Then you start earning a steady 30 $WAND/day which will take you 5 days to earn 150 $WAND compared to 15 days of Staking V1.

NOTE: This is just a theory, daily earnings and increments will be announced closer to the Magic World launch. Also, unstaking your Warlock means you have to start your earning from the lowest point (Day 1) should you wish to start staking again. There’s another catch, you pay 150 $WAND whenever you wish to stake. This measure is put in place to ensure Staking in V2 continues for as long as possible. :smile:

**What else will be going on in the Magic World?**

Other than Staking, there are other unimaginable experiences that’ll be going on in the Magic World. To list a few:

* Merch👕: The warlocks do have a great fashion sense and they’re invading with their style. Their Merch will be available for sale in $WAND/SOL to HODLers and limited supply for the public.&#x20;
* Magic Tools🛠 : Important Web3 tools will be built and will benefit our HODLers in several ways.
* Fortune Box🔮: A raffle, although unlocked with more $WAND. Contains rare NFTs we purchase from secondary or hints about the Warlocks that’ll proof very useful in the “Magical Experience” section and many more OR it contains nothing or worthless stuffs. Opportunity to sell your Box for $WAND will be available within a limited time frame before the reveal.&#x20;
* Raffle🎟: Merch, NFTs, WL spots for partnered projects and NFT giveaways of our projects and other projects acquired. ALL raffles will be entered with $WAND.
* Magical Experience🪄: More info on this to come

Please keep in mind utilities are in no general order, as soon as they’re completed they’d be rolled out. Meaning, Raffle could come first, Magical Experience Next, Staking V2 following up OR Magical Experience first, Staking V2 Next and Raffle following up.

Join us as we build our Magic World, be our army, build with us as we gather enough knowledge and power to head back to Mortuus and take back our planet. We have a Space Ship in place for everyone.😉

NOTE: For the Magical Experience, you’ll need a Warlock, Spaceship and $WAND!
