Staking
Last updated
Last updated
ENERGY is an utility ESDT fungible token used in playing Home X.
ENERGY tokens are minted only through NFT staking or by the game contract - by completing in-game quests and earning rewards.
The rate at which Energy is produced depends on the player's Tier and how many NFTs you own. The more NFTs you stake, the more ENERGY you gain (1 NFT – 3 ENERGY per hour)
Tier 1 – Nomads: 1 to 3 NFTs = 3 - 9 ENERGY per hour
Tier 2 – Tourists: 4 to 6 NFTs = 12 – 18 ENERGY per hour
Tier 3 – Purists: 7+ NFTs = min. 21 ENERGY per hour
Whenever a quest that demands Energy is accomplished, a corresponding amount of tokens is burned. By completing quests, you are essentially engaging in a deflationary process.
e.g. Scout the city: You have been drawn to explore the city, hoping to uncover its secrets. The journey requires 10 ENERGY to keep you focused on your path.
Once a week, you can also swap your ENERGY tokens for EGLD.
During the first season of the game, the token can only be exchanged inside the game.
So, you can still earn rewards by staking, being an incentive offered to the NFTs’ holders to assure their loyalty and the future development of the ecosystem.
TAKE NOTE: staking rewards will have a dynamic rate – the weekly reserved amount will be split between all staked NFTs. The weekly staking rewards pool will fluctuate based on the secondary market’s volume.
