# AwesomeX Hybrid NFTs STAKING (Coming Soon)

### How the Staking contract for the AwesomeX Hybrid NFT's operates.&#x20;

* This smart contract will allow holders to stake their Hybrid NFT's to earn and accumulate AWX over time.&#x20;
* This Staking Payout is fed by various AWX Universe protocols including [DRACO](https://awesomex.gitbook.io/draco_v2)
* The staking payouts are claimable every 28 days.&#x20;
* There are no late claim penalties for rewards.&#x20;
* Rewards will accrue if unclaimed.

The Staking Payout Pool scores the amount of NFT's the user has staked + the tier of each. This gives a share number based upon how many NFTs are currently staked. This share number calculates the users rewards.

* Ex: The **Gold Tier** is 10X more expensive than the **Awesome Tier** thus receives 10X more shares.
* The **Elite Tier** is 10x more expensive than Gold. Which makes Elite receive 100x more shares than Awesome.&#x20;

### If a user does not stake their NFTs, they don't earn any rewards

* Once staked, NFTs must stay staked to continue accruing rewards.
* By staking, the user transfers their NFT to the smart contract. If they wish to transfer their NFT to a different wallet, sell on the open market, or burn it for the collateralized tokens, they would need to unstake it.&#x20;
* Users will be able to choose what NFTs they want to stake, so it is not required to stake all NFTs in a wallet.


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