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Staking Rewards & Liquidity
200M Glitter Tokens (20%) are dedicated to Staking Rewards and Liquidity.
The team's overall stance on Staking Rewards is that they may be a useful tool to bring new players to the project - marketing - and a tactical tool for liquidity and token strength management. We view the 200M Glitter Tokens as an upper bound and we anticipate that we will be able to utilize far less than this budget to achieve the project's goals to the benefit of stake holders of less dilution.
Staking Rewards are a powerful tool in the crypto currency space (and sovereign currency space in the form of bonds) to drive buy-side interest in the token. A healthy token is not just its price stable and growing, but also there needs to be a liquid market.
We have a narrative rich set of staking rewards such as:
Phobos Cargo Transfer
- Help support a large cargo shipment of valuables using hopper rockets to the Phobos Space Station. Barons of the Phobos Space Station will pay you handsomely upon success.
Where the staker would invest into this mission with 2500 Glitter Tokens, and have them held under a smart contract for 25 days, and upon the successful completion of the mission receive back their original 2500 Glitter Tokens as well as a bonus 125 Glitter Tokens as well as a mystery box of in-game rewards. Without counting the value of the mystery box, the staker would be receiving an effective APY of 73% for this mission to Phobos! Naturally with these strong rewards we do not intend to have a large supply of these available.
Longer duration missions would have much greater rewards such as:
Far Out Nitrogen
- A new corporation set out on bringing back nitrogen from the outer solar system, help fund their seed capital so that they can construct reusable rockets.
Where the staker would invest into this 300-day mission with 50,000 Glitter Tokens and at the completion of this mission receive back their original 50,000 Glitter Tokens as well as a bonus of 100,000 additional tokens. In-game bonus rewards include a Baron-class Artifact Martisan, a Mythic blueprint, and the highest level in-game mystery box. The 150,000 tokens returned on a 50,000 token investment represents a phenomenal 243% return on just the tokens and the Artifact Martisan, Mythic blueprint and mystery box are just icing, gravy, and a cherry on top! All Blueprints unless specified are randomly chosen.
Stake 100 Glitter
Stake 500 Glitter
Stake 2.5k Glitter
Stake 50k Glitter
In-Game Reward | Duration (Days) | Glitter Staking Reward | Equivalent APY | Direct ROI |
|---|---|---|---|---|
Dusk + Common BP + Mystery Box | 25 | 1 | 14.60% | 1% |
Dusk + Uncommon BP + Mystery Box | 50 | 3 | 21.90% | 3% |
Dusk + Uncommon BP + Mystery Box | 100 | 7 | 25.55% | 7% |
Dusk + Rare BP + Mystery Box II | 200 | 15 | 27.38% | 15% |
Dusk + Rare BP + Mystery Box II | 300 | 50 | 60.83% | 50% |
In-Game Reward | Duration (Days) | Glitter Staking Reward | Equivalent APY | Direct ROI |
|---|---|---|---|---|
Dusk + Uncommon BP + Mystery Box | 25 | 15 | 43.80% | 3% |
Dusk + Uncommon BP + Mystery Box | 50 | 75 | 109.50% | 15% |
Dusk + Rare BP + Mystery Box II | 100 | 200 | 146.00% | 40% |
Dusk + Rare BP + Mystery Box II | 200 | 700 | 255.50% | 140% |
Dusk + Epic BP + Mystery Box III | 300 | 1,200 | 292.00% | 240% |
In-Game Reward | Duration (Days) | Glitter Staking Reward | Equivalent APY | Direct ROI |
|---|---|---|---|---|
Dusk + Rare BP + Mystery Box | 25 | 125 | 73.00% | 5% |
1 Martisan + Epic Blueprint + Mystery Box | 50 | 350 | 102.20% | 14% |
1 Martisan + Epic Blueprint + Mystery Box III | 100 | 1,000 | 146.00% | 40% |
1 Martisan + Legendary Blueprint + Mystery Box IV | 200 | 3,500 | 255.50% | 140% |
1 Martisan + Legendary Blueprint + Mystery Box IV | 300 | 4,500 | 219.00% | 180% |
In-Game Reward | Duration (Days) | Glitter Staking Reward | Equivalent APY | Direct ROI |
|---|---|---|---|---|
1 Martisan + Legendary BP + Mystery Box IV | 25 | 5,000 | 146.00% | 10% |
1 Martisan + Mythic BP + Mystery Box V | 100 | 25,000 | 182.50% | 50% |
1 Martisan + Artifact - Baron + Mystery Box V | 300 | 100,000 | 243.33% | 200% |
This budgeted and planned traunching of Staking Rewards will be deployed in phases from the Million on Mars team to manage demand and Glitter towards a steady rise.
Last modified 15d ago