NOTICE 17 | Staking bonus updates

Melanie kondo
lootnft
Published in
Dec 16, 2021

We want to inform you about the upcoming changes regarding the staking bonus. As of the conclusion of the “” Breathe”” auction, the staking bonus will be reduced from 15% to 5%.

Staking is the process of permanently locking up TIX (Tickets) for credit rewards. These rewards are calculated based on the sale of BUN, where one USDC ERC20 backs each USDC credit allocated, and a percentage of each auction’s proceeds from X by SL (not yet released).

Each miner shares in the staking pool based on the amount of TIX contributed to other miners. Rewards are provided every week. It is important to note that once you stake your TIX, you cannot un-stake.

We hope this information is helpful, and we thank you for your continued support.

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lootnft
lootnft

Published in lootnft

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