AwesomeX Hybrid NFTs STAKING (Coming Soon)

Providing ROI from AwesomeX Universe protocols.

How the Staking contract for the AwesomeX Hybrid NFT's operates.

  • This smart contract will allow holders to stake their Hybrid NFT's to earn and accumulate AWX over time.

  • This Staking Payout is fed by various AWX Universe protocols including DRACO

  • The staking payouts are claimable every 28 days.

  • There are no late claim penalties for rewards.

  • 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.

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.

  • Users will be able to choose what NFTs they want to stake, so it is not required to stake all NFTs in a wallet.

Last updated