💱 NFT Staking

NFT Staking

Allows the user to stake their NFT Bag to Genesis Mining Pool to earn $MTB Token as a means of passive income without selling their NFTs or transferring their ownership.

When you stake your NFT, Reward tokens depend on the hash rate of your NFT.

Source of the mining pool: 3% allocated NFT Pool, 40% From the Dust Bag Sale, 5% transaction fees from the Buy/Sell NFTs, and 10 % from the harvested.

Staking Cycle

• Daily reward is calculated by the following factors: NFT hash rate, the total number of stakeholders, running total of tokens in the pool, and the projected number of days the pool can sustain the rewards.

• The aggregated staked mining power is calculated every 24 hours.

Genesis Pool

• Metravels NFT Staking Pool has 8 slots available for each user.

• All NFTs minted by Metravels have the attribute of “Hash Rate”. The higher the Hash Rate, the faster the mining speed of the NFT.

• The hash rate serves as the multiplier of how many tokens you will receive daily. Daily rewards will depend on how much is the number of tokens allocated in the Mining pool and the total number of stakeholders.