BITASTIR | ANNOUNCEMENT | TECHNOLOGY
Staking — v1 — NFT’s — AMSR
Alpha Staking Pool for Astir Ring NFTs
- Bitastir has initiated the first round of staking for the AMSR NFT’s (Astir Master Sport Ring) via the Stake.Cardinal.so platform
- Alpha Staking Pool will be operational for 30 days with a steady reward of 1,000 $BITA tokens per NFT.
A more thorough, technical document on Astir Staking, will be provided on our website & published on here at a later date → {Staking} ← .
Where Will BitAstir Host it’s Staking for Solana NFT’s?
→ BitAstir has chosen STAKE.CARDINAL.SO as our staking provider.
Where Will BitAstir Host it’s Staking for Solana NFT’s?
→ BitAstir will be leveraging 3 diverse staking modules for its NFT’s; Modules will be cycled as needed & announced 72 hours before initiation.
→ There will be 2 general forms of rewards for Stakers; $BITA token & $SOL
→ Reward rates will be based on the state of the overall wellbeing of the crypto & digital asset industry, the Astir NFT ecosystem & $BITA Token at any given time.
— 1) Staking variant 1 — ALPHA POOL
Duration: 33 days
Reward Rate: 4x
Start Date: August 25
End Date: September 25
— 2) Staking variant 2 — Playful Promos
Duration: 60–365days
Reward Rate: 2x
Start Date: N/A
End Date: N/A
— 3) Staking variant 3 — CORE
Duration: until $BITA token supply distribution achieved
Reward Rate: 1.1x
Start Date: N/A
End Date: N/A
What are the Specifications for the Staking Pools?
Each pool for the Astir NFT’s will have its own specifications at the time of its inception based on the previously mentioned specifications. However, all variants of the Astir NFT Staking pools will possess the following traits in universally:
→ Staking Lock Time: 60 seconds
→ Staking UnLock Time: 86,400 seconds
→ Staking Lock cost: 0.01 $SOL
→ Staking UnLock cost: 0.003 $SOL
How to Claim Stake Rewards?
The earning mechanisms around the NFT staking has been kept maximally simple to reduce friction.
→ All of the Pools will allow NFT Stakers rights to claim $BITA at any time.
→ Once a user has staked for >30 days consecutively they unlock NFT maturity & begin earning an additional Monthly $SOLANA airdrop proportionately based on their stake.
*(10% of the collections earnings split between stakers of the prior 30 days.)
Why Stake the Astir NFT’s?
As in the case with any distributed organization & decentralized digital asset, staking is a form of commitment to the platform by it’s user. Staking strengthens the economic flywheel & “secures” the network. Securing the network in BitAstir’s case refers to INCLUDING diamond handed professional athletes as the holders & diffusing potentially non-permanent paper-hands.
→ Earn $BITA
→ Earn $SOL
→ Garner Followers & Increase Social presence
→ Access “Premier-Player” Room in Discord
🌐→ www.bitastir.io ← 🌐
🌴 → Link.Tree ← 🌴
