Genesis Pass staking and tier system guide
Haunted Space is introducing locked staking options for Genesis Pass NFT holders lasting for one year until the expected release of the first beta of our Multiplayer P&E game.
We have developed a reward system designed to benefit our committed holders and supporters!
MORE NFTs LOCKED = MORE ADVANTAGES
Let’s talk about numbers!
We dedicated over 10% supply of our reward token for our early supporters.
If you lock your Genesis Pass NFTs, you will qualify to receive a portion of the HS token supply for free!
And that’s not all!
As a reward for all the loyal diamond hands who mint and do not sell their NFTs, we will reserve a small percentage of our HS token supply that will be airdropped randomly in the following months.
Let’s look at how the staking tokens are distributed depending on the length and number of NFTs locked!
The lock of the Haunted Space Genesis Pass will be available for the next 12 months, so you will have several options to stake your NFTs:
1. Stake your NFTs for 3 months for a maximum of 4 times.
2. Stake your NFTs for 6 months for a maximum of 2 times.
3. Stake your NFTs for 12 months for only a single time.
IIMPORTANT: There will be a limited number of different slots available for each staking length, so be ready to stake immediately if you want access to the longer locks. The longer your NFTs are locked, the more tokens you receive!
Let’s see what each locking length means regarding token rewards!
Staking your NFTs for 3 months and a maximum of 4 times.
2500 Lock Slots available!
In this table, you can see the exact amount of tokens you will receive for each staking period.
Staking your NFTs for 6 months and a maximum of 2 times.
1750 Lock Slots available!
In this table, you can see the exact amount of tokens you will receive for each staking period.
Staking your NFTs for 12 months for only a single time.
1250 Lock Slots available!
In this table, you can see the exact amount of tokens you will receive when you lock your NFTs for the entire year.
BUT WHAT IS THE HS TOKEN AND WHY WILL IT BE GOOD TO HOLD?
THE BASE OF OUR GAMING ECOSYSTEM
The HS token will be our in-game reward token that will have lots of different utilities such as:
- Player rewards after a winning game
- Buying in-game NFTs
- Buying in-game resources
- Renting battleships
- Repairing battleships
- Buying special tools
- Leveling up battleships
- Modifying battleships
HARD TO EARN TOKEN
The HS token will act as a player reward with distribution regulated by an algorithm to avoid flooding the market with new tokens… remember that we will have a fixed supply!
WE WILL START WITHOUT EARLY INVESTORS
In other words, you, the Haunted Space Genesis Pass NFTs holders, will be the early investors!
WE WILL DO A STEALTH TOKEN LAUNCH
The launch of our HS token will be a Stealth launch, adding liquidity by ourselves without early investors.
Then we will provide liquidity rewards, meaning the price will grow when new investors add liquidity to get extra benefits.
For example, we start with $100k in liquidity invested by the team in addition to another $100k of liquidity contributed by NFT owners. The HS token price will become more stable and resistant to fluctuations, and the market cap and token price will grow as a result.
Therefore, holding the token before the listing means potential growth in value.
BURN
On top of adding liquidity, we will also be supporting the future price of our HS token with burning. Tokens will be burnt randomly, reducing the circulating supply and increasing the value of your HS tokens!
The HS token will also be listed on a DEX, meaning you can convert it into other cryptocurrencies and cash out your rewards.
Our exact token price will be announced in the next few months, depending on market conditions. However, the above information will help you to understand the full potential of the Haunted Space token.
See you on the 23rd of September for our Mint Day!
