📝Rewards Mechanism

Dynamic rewards based on daily FP mechanism. One of the few if not the first project to use this mechanism.

How it works?

We have automated the entire process through our bot which checks the floor price [ FP ] of the collections every day and communicates it to the SC of the various staking pools present on our dApp. The rewards have a 1:1 ratio with the FP.

Example:

FP Reward in $UTX for each NFT staked

0.5 $EGLD

0.5 $UTX

1 $EGLD

1 $UTX

2.7 $EGLD

2.7 $UTX

We currently have 14 active pools with more on the way for special traits and not only!

We have a limit for rewards generated in $UTX which is set at a maximum of 5 $UTX/NFT daily for all our staking pools.

Last updated