TOTHEMOON to distribute Resource Deed NFTs after 30 days of staking Resource Tokens
NFT
neonewstoday.com
07 September 2022 20:39, UTC
Studying time: ~2 m
TOTHEMOON Useful resource Token holders can start staking tokens and incomes Useful resource Deed NFTs round Oct. 1. Useful resource Deed NFTs will permit customers to randomly mint Useful resource NFTs, and will likely be distributed to customers that stake tokens for not less than 30 consecutive days. Within the coming weeks, TTM will announce a concrete date for the launch of Useful resource Token staking.
Throughout the TOTHEMOON metaverse, Useful resource Tokens are required for constructing Moon Infrastructure and also will be related to particular Useful resource NFTs for extra advantages. 5 varieties of NEP-17 useful resource tokens and their related Useful resource NFTs can enhance staking rewards and reduce the staking necessities for constructing corresponding Moon Infrastructure. Within the picture beneath, the token symbols within the prime row are useful resource tokens (from left to proper: TGAS, WATT, LITH, HIST, and MAG), and the related Useful resource NFT symbols are listed beneath every.
Supply: TOTHEMOON
The desk beneath outlines the whole provide and advantages every Useful resource NFT affords:
| Useful resource | Stake Enhance/Lower | Whole NFT Provide |
| GAS | TGAS 10% | 1,000 |
| Straight Mushroom | WATT 5% | 750 |
| Curved Mushroom | WATT 10% | 250 |
| Lithium Moon Rock | LITH 10% | 1,000 |
| Moon Fossil 1 | HIST 5% | 150 |
| Moon Fossil 2 | HIST 10% | 100 |
| Uncooked Moon Stone | MAG 5% | 200 |
| Moon Stone | MAG 10% | 50 |
On the time of press, the one technique to accumulate Useful resource Tokens is thru the TTM Battle Arenas, the place Fused Cryptonaut NFTs can take part in player-versus-player competitions.
Useful resource Deed NFT Tiers
To earn a Useful resource Deed NFT, customers should stake a certain quantity of Useful resource Tokens, putting them right into a tier for at least 30 days. The extra MAG, HIST, LITH, WATT, and TGAS the person stakes, the upper the tier.
Larger tiers reward stakers with Useful resource Deed NFTs with larger “Mint Probability” attributes, which provide a better probability of redeeming a Useful resource Deed NFT for a Useful resource NFT. Staking necessities may be discovered beneath:
| Staking Tier | Token Necessities | Mint Probability Attribute |
| 7 | 200 MAG 400 HIST 600 LITH 800 WATT 1,000 TGAS |
0.35% |
| 6 | 1,000 MAG 2,000 HIST 3,000 LITH 4,000 WATT 5,000 TGAS |
1.75% |
| 5 | 2,000 MAG 4,000 HIST 6,000 LITH 8,000 WATT 10,000 TGAS |
4.25% |
| 4 | 5,000 MAG 10,000 HIST 15,000 LITH 20,000 WATT 25,000 TGAS |
10% |
| 3 | 10,000 MAG 20,000 HIST 30,000 LITH 40,000 WATT 50,000 TGAS |
25% |
| 2 | 15,000 MAG 30,000 HIST 45,000 LITH 60,000 WATT 75,000 TGAS |
40% |
| 1 | 20,000 MAG 40,000 HIST 60,000 LITH 80,000 WATT 100,000 TGAS |
65% |
The 30-day countdown begins as soon as the suitable quantity of Useful resource Tokens has been staked into the Staking Tier Pool. Useful resource Tokens may be faraway from Staking Tier Swimming pools at any level, however any time accrued towards a Useful resource Deed NFT will likely be erased.
As soon as a Useful resource Deed NFT is minted, it may be traded or offered on the official TTM Market or on GhostMarket. Useful resource NFT minting is scheduled to start in late This autumn 2022.
The complete announcement may be discovered on the hyperlink beneath:
https://tothemoonuniverse.medium.com/introducing-resource-token-staking-for-resource-deed-nfts-72ea559282e4
