🖼️NFT Staking

Find all the details related to our Colony NFT Staking Program below.

Colony NFT Staking Program Overview

Staking for $SIN:

• Holders of Colony NFTs will be able to stake their NFTs to earn $SIN.

• 2% of the $SIN supply is allocated for NFT Staking.

• There are 300 Colony NFTs in circulation, and holders can stake as many as they own.

• Each staked NFT will be rewarded based on its rarity.

Duration:

• The NFT Staking Program will launch January 14th 2025 & will run for approximately 12 months.

• A total of 1,666,666,666 $SIN will be distributed each month, based on the number of NFTs staked and their rarity.

• Each NFT has the potential to earn around 65,000,000 $SIN during the program.

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How To Stake Your NFT

• Connect the wallet with your Colony NFT to access our Staking platform at app.survivalisnear.xyz

• Select the "Stake NFT" button option if not already selected.

• You can choose the NFT(s) you want to stake by clicking on it.

• Hit the Stake button, then confirm the transaction in your wallet to complete the staking process.

Lock-Up Period:

• When you deposit your Colony NFT into the staking contract, there will be an initial 1-Month Lock-Up Period before you can claim rewards.

• After the lock-up period, you may un-stake your NFT at any time, along with any accrued rewards.

• If you un-stake and then re-stake your NFT, the 1-Month lock-up will apply again.

• We recommend you continue staking your NFTs to maximize rewards.

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Rarity-Based Rewards:

The monthly rewards are distributed according to the rarity of your NFT.

• Queens: 50% of the monthly rewards.

• Workers: 30% of the monthly rewards.

• Drones: 20% of the monthly rewards.

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Claiming Rewards:

• Rewards will be available to claim monthly, or when you choose to un-stake your NFT after the initial lock-up period.

Note: The details of the NFT Staking Program are subject to change.