🛹Brave Staking
Last updated
Last updated
NFTs could also be a rewarding experience beyond just ownership! Welcome to our NFT staking platform, Brave Staking, where you can earn XP and Share Rewards by holding NFTs from our three distinct collections: Xperience Pass, Genesis Dog Tag, and Brave Dogs Genesis Collection.
Here is everything you might need to know about our staking platform!
Our XP Rewards System is designed to provide you with daily rewards just for holding NFTs from our collections. Here's how it works:
Daily XP Emission: As long as you possess any of our NFTs - be it from the Brave Dogs Genesis Collection, Xperience Pass, or Genesis Dog Tag - you will start earning XP rewards daily.
The sum of Shares across all collections is your Daily XP Rewards. For example, this wallet has NFTs from all 3 different collections, and the sum of shares was 1365 till 7th September. So his daily XP Rewards was 1365. From 8th September, the sum of shares was 1575, thus the daily XP Rewards was 1575.
Revenue Sharing: The more XP you accumulate, the bigger your share of the revenue we distribute semi-annually. Your share is determined by the ratio of your earned XP to the total circulating XP.
Eligibility: To be eligible for daily XP rewards, you must hold a minimum of 180 shares across all three collections combined. Additionally, you need to have a stash of 10,000 XP semi-annually to participate in our revenue-sharing program.
Synergy: The Genesis Dog Tag and Xperience Pass also contribute to your XP rewards. So, the more NFTs you hold from our collections, the more XP you can earn.
Exclusions: Please note that the Treasury Wallet, JPG, and Marketplace wallet are excluded from XP rewards, ensuring fair distribution.
🛑Important Point: The distribution of 20% of the revenue will go to eligible holders, determined by their XP. Since the daily XP emission includes the share of Unlisted NFTs, any revenue originally meant for NFTs listed on the JPG marketplace will be redirected to eligible holders. Additionally, the Treasury Wallet is not eligible to receive XP, which means that NFTs held in the Treasury Wallet won't receive any revenue.
Our Staking Platform's Share Rewards System is exclusive to the Brave Dogs Genesis Collection and offers an additional layer of benefits:
Epoch-Based Rewards: Over a total of 42 epochs, starting from August 1, Brave Dogs Genesis Collection NFT holders will receive share bonuses. These rewards are distributed each epoch to eligible NFT owners.
We will share a fixed number of Shares each epoch among the staked Brave Dogs Genesis NFTs across 42 epochs.
Boost from Genesis Dog Tag: If you have the Genesis Dog Tag, 1 Genesis Dog Tag provides a 10% bonus to three of your Brave Dogs Genesis Collection NFTs. It automatically will boost your NFTs with the Highest shares, enhancing your share rewards. 2 Genesis Dog Tag will boost 6, and so on.
Exclusivity: Only NFTs from the Brave Dogs Genesis Collection are eligible for Share Rewards. Holders of Xperience Pass and Genesis Dog Tag will not receive share bonuses.
Regular Updates: Share values are updated in the metadata on a monthly basis, preferably during the first week of the month, as long as the bonus rounds up to a multiple of 5 and given it reaches its closest Number Of Share trait.
Excluded Entities: JPG and Marketplace NFTs are excluded from Share Rewards, ensuring that only true collectors benefit.
How do I get started with Brave Staking and earning rewards?
It's simple! Simply acquire NFTs from our collections: Brave Dogs Genesis Collection, Xperience Pass, or Genesis Dog Tag. Once you hold NFTs in your wallet from these collections, you will automatically start earning XP and become eligible for Share Rewards as per the criteria mentioned above.
📝 Disclaimer: Please be aware that the information provided here is subject to change, and it's essential to stay updated with the latest announcements and developments related to our NFT staking platform.
