Block Sapiens NFT Staking
See: Key Features Staking Requirements Rewards and Distribution Block Sapiens NFT Staking Buyback Integration Staking Multiplier Staking Process
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Block Sapiens NFT Staking allows holders of Block Sapiens NFTs to stake their unique NFTs to participate in $FOTON Token distributions. This mechanism incentivizes NFT ownership by enhancing value and utility of the Block Sapiens NFT Collection within the Flareporium ecosystem. By participating in NFT staking, users could potentially benefit from continuous $FOTON rewards.
Additionally, $FOTON earned through NFT staking can be further utilized by staking in other pools, such as the Yield Vault or Oracle Vault. These mechanisms offer the option for participants to engage in additional potential reward distributions.
Key Features
Flexible NFT Staking: Stake/Unstake your unique Block Sapiens NFTs at any time to immediately participate in $FOTON Token distributions.
Staking Multipliers: Enhanced reward rates based on NFT rarity (ranging linearly from 1x to 3x).
Ongoing Reward Model: Follows the Fractional Reserve Release Plan for gradual and ongoing distribution.
Buyback Integration: 20% of $FOTON Buybacks will be redistributed through this staking pool.
Staking Requirements
To participate in Block Sapiens NFT Staking, you must hold at least one Block Sapiens NFT from the collection. Each NFT will carry a staking multiplier depending on its rarity that influences reward distribution rate.
See: Staking Process
Rewards and Distribution
Block Sapiens NFT Staking rewards are designed to ensure longevity and fairness. A total of 10,000,000 $FOTON (10% Total Supply) is allocated to this staking pool, distributed according to the following plan:
Feature
Description
Total Allocation
10,000,000 $FOTON
Distribution Rate
33% of the remaining allocation distributed annually
Distribution Plan
Follows the Fractional Reserve Release Plan ensuring gradual release
Rewards & Frequency
Regular distribution based on staking duration and pool performance
Annual $FOTON Distribution Breakdown
Ongoing distribution of $FOTON through Block Sapiens NFT staking follows the following fractional reserve release plan.
Epoch/Date Start
Percentage Distributed
$FOTON Tokens Distributed
Epoch End $FOTON
Epoch 1 18 March 2025
33% of 10,000,000
3,300,000 $FOTON
6,700,000 $FOTON
Epoch 2 18 March 2026
33% of 6,700,000
2,211,000 $FOTON
4,489,000 $FOTON
Epoch 3 18 March 2027
33% of 4,489,000
1,481,000 $FOTON
3,008,000 $FOTON
Epoch 4 18 March 2028
33% of 3,008,000
992,640 $FOTON
2,015,360 $FOTON
Epoch 5 18 March 2029
33% of 2,015,360
664,612.80 $FOTON
1,350,747.20 $FOTON
Buyback Integration
To further increase longevity and reward potential of the Block Sapiens NFT Staking pool, 20% of $FOTON Buybacks will be redistributed through this staking pool. This integration assists the pool in remaining robust and continue to distribute $FOTON to NFT stakers.
Buyback Source
Allocation to NFT Staking
Allocated to NFT Staking
20%
Allocated to Other Pools
80%
Example: If 1,000,000 $FOTON are bought back, 200,000 $FOTON will be added to the Block Sapiens NFT Staking pool for redistribution.
Staking Multiplier
Each Block Sapiens NFT has a staking multiplier that directly influences the amount of $FOTON rewards earned. The multiplier is determined by the rarity of the NFT, encouraging users to stake higher rarity NFTs for greater rewards.
Multiplier Structure
Rarity Tier
Multiplier
Common
1x
Uncommon
1.5
Rare
2x
Legendary
3x
Staking Multiplier Activation & Impact
Once minting is finalized, the multiplier system will be activated, effectively increasing the staking pool’s maximum NFT count from 5,000 to 10,000.
The most common NFTs will retain a 1x multiplier, while the rarest will have a 3x multiplier.
The multiplier scales linearly based on rarity, meaning that NFTs of intermediate rarity will have proportionate multipliers between 1x and 3x.
This system ensures that rarer NFTs yield higher staking rewards while maintaining a balanced distribution of FOTON incentives across all participants.
Staking Process
Acquire Block Sapiens NFT: Ensure you own at least one Block Sapiens NFT.
Connect Your Wallet: Use a supported wallet (e.g., MetaMask) to interact with the Flareporium platform.
Access NFT Staking: Navigate to the "Block Sapiens NFT Staking" section within the Staking category.
Select NFT for Staking: Choose the Block Sapien(s) you wish to stake.
Confirm Staking Transaction: Approve the staking transaction in your wallet.
Monitor Rewards: Track your earned $FOTON through the staking dashboard.
Claim Rewards: Rewards can be withdrawn at any time from the moment you begin staking.
Further Reading
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