🏦Staking
A customised staking platform co-built with Xin Dragons - with multiplier effect and a non-custodial staking.
Last updated
A customised staking platform co-built with Xin Dragons - with multiplier effect and a non-custodial staking.
Last updated
The staking yield is as follow for the collections within the Acidverse: Acid Monkeys - 0.5 $ACID / Day Acid Scientists - 1.5 $ACID / Day Experiment X-901 - 0.2 $ACID / Day
Staking a combination of 1 Acid Monkey + 2 Acid Scientists will have a 2x effect on scientists' $ACID generation. The reason behind the lower yield rate of Acid Monkeys(Gen 1) than Acid Scientists(Gen2) is because of the “double incentive” model. Acid Monkeys are a little over half the supply of Acid Scientists, and therefore the demand for Acid Monkeys will increase and help pump the entire Acid economy. The supply shock will also help drive the Acid Monkey’s value as they become a requirement for this multiplication model. For holders without an Acid Monkey, the Acid Scientists will generate 3x earnings compared to the monkeys to counterbalance the short supply of Acid Monkeys.
Example 1:
Staking 1 Acid Monkey, 2 Acid Scientists and 1 Experiment X-901 will equate to: 0.5 + 2*(1.5 + 1.5) + 0.2 = 6.7 $ACID / Day
Example 2:
Staking 2 Acid Monkey, 4 Acid Scientists and 1 Experiment X-901 will equate to: 2*(0.5 + 0.5) + 2*(2*(1.5 + 1.5)) + 0.2 = 13.2 $ACID / Day
*Future implementation of Trait Multiplier.
The Team and Monkey Council reserve the right to implement halving of token generation.
