📝Rewards Mechanism

Dynamic rewards based on daily FP 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 or 1:0.8 ratio with the FP. Example for 1:1 ratio

FP
Daily 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 15 active pools with more on the way!

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.

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