Stake your Frontier NFT avatar for Weekly NTx — Opens May 9th
Pioneers your Frontier Avatars are about to become more rewarding, thanks to Staking! From May 9th you can stake your Frontier Avatar to earn weekly NTx. Why do you want NTx? NTx will be the only way to get your hands on CORPORATE NFT — giving you ownership in the world of XOCIETY, and with NTx eventually converting to our native token this is the perfect time to get yourself involved. You don’t want to miss out.
Staking of Frontier Avatars will officially launch on May 9th. You’ll be able to pre-stake your NFT ready to start earning from May 13th. But it gets better!
Two weeks, twice the rewards!
For the first two weeks, all staking rewards are doubled! That means that no matter what your final boost effect is you can 2 X it and be seriously rewarded. Pioneering and being early is the way to be rewarded in XOCIETY!
This means for the first two weeks you can earn up to 1,800 NTx per week! Full event details will be launched on March 9th as we reveal the whole staking site. So get ready.
How does XOCIETY Staking Work?
Right, now you know staking is coming, you need to know the basic ways it works. Strap in and get Ready for the deets.
Top-level information
- Stake up to 25 Frontier Avatars per wallet to earn NTx
- The more Frontier Avatars you stake the more multiplier boost is applied
- The rarer the Frontier Avatar staked the more grade boost is applied
- Combine both boost types for a maximum of 80%
- Stake for a full 7 days to earn NTx
- Claim weekly or lose your staking reward
Detailed information
Frontier Avatar Holders can earn tokens (NTx) as rewards, which can be exchanged for XOCIETY’s native token in the future, by participating in staking. You can stake a maximum of 25 NFT per wallet address, and these will be hard staked and sent as one transaction. Staking will not affect your ability to play in Game nights or Holder Tests.
Every Frontier NFT you stake will add boosts to your earnings. Split across two types, Grade Boost and Staking Boost.
Boosts are calculated separately based on the number and grade of NFTs staked and then combined. Depending on the number of staked NFTs, you can receive a maximum boost of 50%, and depending on the grade of staked NFTs, you can receive a maximum boost of 30%. Combine these two for a maximum boost of 80%.
Staking runs weekly. You must set your staked NFTs before Saturday 23:59 UTC+0 to earn rewards over the next 7 Days and keep the NFTs staked until after the following Sunday 00:01 UTC+0.
Once the period ends with NFTs staked, you can check the rewards allocated on the staking page. However, users must claim the rewards within 7 days. Failure to do so will result in the loss of staking rewards.
Our Full user guide will launch on May 9th, until then, now is your chance to get ready and make sure you have the Frontier Avatars you need to unlock NTx.
Shoot, Earn, Pioneer. Now We Live in XOCIETY
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