Staking Cry ElePants NFT (CEN)
• X5 Multiplier (Cry ElePants NFT): Users must stake CEN to be rewarded with the multiplier.
• 90 Day stake - (Cannot UNSTAKE):
If users are still staking after 90 days, they are given one week to unstake. If it has been more than a week, it will be locked for another 30 days (this cycle repeats), and users will receive the staking benefits, including the extra 1 week.
• If they have unstaked, they must stake it again to gain benefits. It is locked again for 90 days.
CEN - Reward for Tokens (For Walk One and Walk 2): Walks must be completed to earn.
• X5 for 1 Month
• X4 for 1 Month
• X3 for 1 Month
• X2 Ongoing
Breakdown: 2 walks a day = 10 tokens total (5 tokens for each completed walk)
• X5 – 10 tokens X 5 = 50 tokens per day for 1 month
• X4 – 10 tokens X 4 = 40 tokens per day for 1 month
• X3 – 10 tokens X 3 = 30 tokens per day for 1 month
• X2 – 10 tokens X 2 = 20 tokens per day (ongoing)
• The first time a user stakes an NFT, they will receive X5 of their earnings for completing Walk 1 and Walk 2 per day for one month.
• By the end of every month, the multiplier will decrease to X4, X3, and X2 (ongoing) of their earnings.
• After a total of 3 months, the multiplier will maintain X2 ongoing.
Timeline:
• 90-Day stake Cap: The user cannot unstake for 90 days.
• 7-day cooling off period: If unstaked during that period, CEN will be staked for another 30 days.
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