Staking DApp
The Staking DApp is a core component of the BizarreBeasts ecosystem, offering users a seamless and rewarding experience for staking their NFTs and $BB tokens.
By participating in the staking DApp, users can earn passive income in the form of $BB tokens and ETH, while also benefiting from the deflationary mechanics that enhance the value of their holdings over time.
Key Features
NFT Staking:
Users can stake their Bizarre Beasts NFTs to earn $BB tokens before the token launch and passive ETH rewards afterward.
The staking rewards are tiered, with Tier 1 NFTs earning the most and Tier 4 the least.
$BB Token Staking:
Stake $BB tokens in various pools to earn passive ETH rewards.
Two main pools: Single Staking $BB Pool and $BB/$ETH Liquidity Pool.
Deflationary Mechanics:
Staking pools incorporate deposit fees that are burned, reducing the overall supply of $BB tokens and enhancing their value.
Staking Pools
NFT Staking Pools:
Initial Rewards: Earn $BB tokens over 30 days, released at 5% daily.
Post-$BB Launch: Transition to earning passive ETH from NFT sale revenue.
Reward Distribution:
Tier 1 NFTs earn the highest ETH rewards.
Tier 4 NFTs earn the lowest ETH rewards.
$BB Token Staking Pools:
Single Staking $BB Pool:
Earn passive ETH rewards.
3.5% deposit fee, burned to reduce supply.
$BB/$ETH Liquidity Pool:
Earn the highest ETH APR.
2.5% deposit fee, burned to reduce supply.
Rewards and Allocation
Passive ETH Rewards:
50% of NFT revenue allocated to reward stakers.
Reward Allocation:
70% to $BB/$ETH LP Pool stakers.
20% to Single Staking $BB Pool stakers.
10% to NFT stakers, tiered by NFT level.
Deflationary Benefits:
Buyback and Burn: 20% of NFT revenue used to buy back and burn $BB tokens.
Burned Deposit Fees: 2.5% (LP Pool) and 3.5% (Single Staking Pool) deposit fees are burned.
User Experience
Intuitive Interface:
User-friendly design makes it easy to stake NFTs and $BB tokens.
Dashboard displays earnings, staking status, and historical rewards.
Secure and Transparent:
Built on Base Chain for robust security and transparency.
Real-time updates on staking and rewards.
Benefits of Staking
Earn Passive Income:
Generate continuous ETH rewards by staking NFTs and $BB tokens.
Support Deflationary Tokenomics:
Contribute to the reduction of $BB supply, enhancing token value.
Maximize Earnings:
Utilize multiple staking pools to diversify and maximize returns.
Engage with the Ecosystem:
Active participation in staking strengthens the Bizarre Beasts community and ecosystem.
The BizarreBeasts Staking DApp is designed to provide users with a rewarding and sustainable way to earn passive income while supporting the deflationary nature of the $BB Token. By staking NFTs and $BB Tokens, users can benefit from ongoing passive ETH rewards, potential $BB Token value appreciation, and active engagement in the BizarreBeasts ecosystem.
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