📝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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