Staking / Astro
Last updated
Last updated
Staking your Anomaly (ERC721)
Each Tier has a fixed amount.
The reward of each Anomaly(ERC721) is added together to obtain the total Astro rewards.
Tier 4 to 6 carries a multiplier that compounds with each Tier 4 to 6.
For example if you are staking 2 Tier 4s and 1 Tier 6, The multiplier would be 1.01 x 1.01 x 1.25 = 1.275125.
The maximum amount that the multipliers from Tier 4 to 6 can be stacked is 1.5.
The Astro rewards would be 2,500 + 2,500 + 11,000 = 16,000.
The total Astro awarded every 6 hours will be 16,000 x 1.275125 = 20,402.
If a Tier 1 is also staked together with the 2 Tier 4s and 1 Tier 6, then the total Astro would be 16,000 + 1,200 = 17,200. The final result would be 17,200 x 1.275125 = 21,932.15
Every full $ASTX staked will receive rewards equivalent to a Tier 1.
Every partial $ASTX staked will be pro-rated at 1,000 Astro every 6 hours.
For example, if 0.7 + 0.8 = 1.5 $ASTX is staked. 1 $ASTX will have a reward of 1,200 Astro while 0.5 $ASTX will have a reward of 500 Astro.Total would be 1,200 + 500 = 1,700 Astro.
Staked Duration Bonus ('OG' Multiplier)
After reaching the 24-month mark, the compounding of the multiplier ceases, yet the multiplier remains active at a fixed rate of 1.576 for durations extending beyond 24 months.
2% monthly rate of rate increase =
1.02 to power of 11 = 1.2433743083946
1.02 to power of 23 = 1.5768992641
The duration bonus applies to both ERC721 and ERC20 staking.
The bonus multiplier begins at the start of the 2nd month of staking.
This multiplier is compounded at a rate of 1.02 every month till the 24th month of staking where it will be capped.
This means the max rate will be 1.02 to the power of 23 as the first month has no multiplier bonus.
For those staking ERC721s, even after reaching the maximum Tier 4-6 compounded multiplier of 1.5x, the duration bonus will still apply on top of this 1.5x multiplier.
There is no lock up period however, if any amount is unstaked, then the duration multiplier gets reset to day 1.
On the flip side, if there is absolutely no unstaking, then any amount that is staked on top of that initial will experience the same duration bonus, as if the newly staked amount has been staking since the beginning.
For example, 0.5 $ASTX was staked 12 months ago and has a duration bonus of 1.243.If 1 $ASTX is staked at that 12 month mark then it will immediately have a bonus of 1.243 on day 1.
Any amount less than 0.1 $ASTX will not have a duration bonus multiplier.
For example 0.09 $ASTX is staked, the rewards would be 90 Astro every 6 hours regardless of how long it has been staked.
Can I stake a partial $ASTX if my wallet has 1 or more $ASTX?
Yes, however the system requires that all Anomalies (ERC721) in your wallet be staked first. Once your Anomalies have been staked, the option to stake your partial $ASTX via ERC20 will appear.
Does my duration multiplier reset for both my Anomalies and my partially staked $ASTX if I only un-stake the partial $ASTX?
Yes, any un-staking associated with the wallet will result in all duration multipliers being reset.
Can I acquire enough to amount to 1 full $ASTX and stake it as an Anomaly (ERC721)?
Yes. However, take note of the duration multiplier reset if you are un-staking anything. If you are already staking a partial $ASTX, then un-staking it in order to stake as an Anomaly (ERC721) will result in the reset of the duration multiplier.
I have 2.5 $ASTX - why can't I stake it all at once via ERC20?
The option to do this has been removed to protect the community from accidentally re-rolling their Anomalies. In any case, you might get larger Astro rewards if your Anomaly is perhaps Tier 2 or higher.
Why does my power show a certain number yet my Astro rewards are still at 0 even after 2 hours?
Rewards are updated 4 times a day at regular intervals. Hang tight, it should reflect within a few hours.
What is Astro and Astra and what's the difference?
Astro and Astra are identical in how they might be used in our ecosystem. However, the amount of benefits being apportioned to Astro and Astra holders differs fairly significantly.
We will apportion a significantly larger amount of spots to those staking (Astra).
Astro can only be obtained via staking.
Astra can be obtained via all other activities except staking.
