Honeyland News — April 2024
HXD On-Chain Staking
We have designed a sustainable reward system for HXD staking to provide in-game and on-chain rewards. Please review the details below before staking HXD.
You can stake your HXD starting at 10pm PST on April 22, 2024 at https://stake.honey.land
∘ HXD Information
∘ Staking Overview
∘ Staking Rewards
∘ Staking Points
∘ Claiming
∘ Unstaking
∘ Capped Pool
∘ Buying HXD
Overview
The Honeyland ($HXD) token fuels the Hexagon Studios ecosystem of games including Honeyland, which can be downloaded in Google and Apple App Stores worldwide.
HXD Information
- Max Supply: 1,000,000,000
- Contract address: 3dgCCb15HMQSA4Pn3Tfii5vRk7aRqTH95LJjxzsG2Mug
- Launch: March 16, 2023
- Tokenomics Dashboard: https://flipsidecrypto.xyz/playhoneyland/honeyland-honeyland-j34Xu8?tabIndex=3
Staking Overview
Token holders can stake HXD for specific time durations at stake.honey.land. Staked HXD will be locked in a smart contract for the chosen duration and will provide daily claimable rewards as long as the tokens remain staked.
Staking Points
Users will earn Staking Points each day based on the amount of HXD staked and the staking multiplier applied for each staking plan.
Staking multipliers are as follows:
- 1 month = 1.0x
- 3 months = 1.25x
- 6 months = 1.5x
- 12 months = 2.0x
The staking points for each plan can be calculated by multiplying the total HXD staked by the multiplier.
For instance:
- 1,000 HXD staked for 1 month (1.0x) = 1,000 staking points per day
- 1,000 HXD staked for 3 months (1.25x) = 1,250 staking points per day
- 1,000 HXD staked for 6 months (1.5x) = 1,500 staking points per day
- 1,000 HXD staked for 12 months (2.0x) = 2,000 staking points per day
A user’s Staking Rewards will be based on their daily staking points in relation to the total staking points across all staking plans on that day.
For instance:
If a staking plan is earning 2,000 staking points per day, and the total staking points across all plans on that day is 20,000,000, that particular staking plan will receive 0.01% of the total staking rewards for that day.
Tokens must be staked for a minimum of 24 hours at 00:000 UTC before staking points are applied towards the staking plan.
Staking Rewards
We cannot and do not guarantee future financial rewards for participating in the HXD staking pool. Please do not stake HXD with the expectation of future financial rewards. While we are continuously improving and diligent in the creation of our products and services, we cannot ever guarantee they will always work as intended or be error-free.
While financial rewards cannot be guaranteed, our goal is to be able to provide several benefits to those who stake HXD as a way of thanking those users for their support and commitment to Honeyland. These benefits may include HXD claims, token airdrops from other projects, points and bonuses in Honeyland, access to special events, and more. We reserve sole discretion as to whether and to what degree the foregoing rewards are distributed to stakers.
Additionally, players staking HXD using their Honeyland game wallet will be able to claim daily VIP point bonuses, as follows:
- 1–19,999 total staking points = 25 VIP points daily
- 20,000–49,999 total staking points = 50 VIP points daily
- 50,000–99,999 total staking points = 100 VIP points daily
- 100,000+ total staking points = 200 VIP points daily
*VIP point bonuses will begin on May 10, 2024
Claiming
Users can claim any earned rewards including VIP points, HXD, or any other claimable rewards at stake.honey.land. Each staking plan will have its own claim options.
Unstaking
Once the staking period for a plan has been reached, the HXD becomes unlocked and the user can unstake their HXD at any time. If the user leaves their unlocked HXD staked, the plan will continue to receive the same daily staking points until the HXD is unstaked. Once the user unstakes their unlocked HXD they will no longer receive staking rewards for that plan.
Capped Pool
The maximum amount of HXD staked in this staking pool is 50,000,000 (5% of the total token supply). Once this amount of HXD is staked in the pool, new HXD can only be staked if unlocked HXD is unstaked to free up room in the pool.
Legalese: Please review the further legal terms of participation in our staking program here. Importantly, these include: a release, limitation of liability, risks, and disclaimers.
Honeyland staking provides bonus features and rewards related to the Honeyland Game, which may never materialize or meet your expectations. This staking program is not an investment. It is not a financial instrument. You should not enter into or engage with the Honeyland staking program with the expectation that you will derive any monetary value from it. If you enter the Honeyland staking program, you are staking your HXD AT YOUR OWN RISK. While Honeyland will make every effort to ensure fairness and security with respect to its staking program, this is not guaranteed. If you are unsure about any of the foregoing, please contact us or do not participate.
Explore Honeyland to discover unique Lands and Universes bursting with rewards. Take part in the epic story to help the Bees of Honeyland find their way back home.
Build your swarm, Hunt and Harvest, complete Quests, and win PvP Raids to strengthen your Bees.
With vibrant graphics and intuitive gameplay, Honeyland is the perfect game for anyone who loves strategy games and adorable Bees. Start earning Honey (HXD) and manage your Hive today. Visit your App Store to download Honeyland today!
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