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Dragan
Dragan
Jun 6, 2024
News

XOCIETY Launches Frontier Avatar NFT Staking

XOCIETY Frontier Avatar NFT staking is now live, allowing holders to stake up to 25 NFTs per wallet to earn NTx soulbound tokens every week, with earnings doubled from June 9th to June 22nd.
XOCIETY Launches Frontier Avatar NFT Staking

The developers of XOCIETY, a third-person shooter with RPG progression that aims to bring AAA to Web3 gaming with Sui, have officially announced the launch of Frontier Avatar staking.

Staking Details

The new staking system went live on June 3rd and allows holders of Frontier Avatar NFTs to earn weekly rewards of NTx soulbound tokens by staking their assets. By entering the app through the game’s official website, anyone interested will be able to find the staking section and stake up to 25 NFTs by connecting their wallet. To earn token rewards, assets must be staked for the full staking period of 7 days, which lasts from Saturday evening at 23:59 UTC+0 and ends the following Sunday at 00:01 UTC+0.

To celebrate the launch of this system, the developers will introduce a promotional 2-week period in which stakers can earn double the rewards. The promotional campaign starts on June 9th and ends on June 22nd, and since the system is already live, users can now pre-stake ahead of the first official 2 weeks of actual staking.

Stakers can get a reward boost depending on the amount of NFTs being staked, as well as on the grade of the assets. The boost can be increased by up to 80%, according to the staking page. Specifically, there are 2 boost types: grade boost and staking boost. Grade boost depends on the grade of staked NFTs and can go to a maximum of 30%. The rarer the grade, the more tokens you can get. Staking boost can go to a max 50% based on the amount of NFTs you have staked. Put these 2 types together, and you’re able to have a total boost of up to 80%. By claiming weekly, users get a 5% boost for that week’s claim, according to the official Medium post.

On the staking page, you can find a handy “Boost Info” button which lets you simulate staking to see how many rewards you can get by letting you choose the quantity of 4 different types of Avatars.

If you stake during the promotional period with 25 NFTs, it is said that you could earn up to 7200 NTx tokens. The NTx tokens earned from staking will be possible to convert into the game’s native token at some point in the future. They’re also needed for getting a CORPORATE NFT which will allow you to own one of the In-game Corporations that provide various services from which you’ll be able to potentially profit from.

About Frontier Avatars

Frontier Avatars are 3D NFT characters on Ethereum that you will use to play XOCIETY. Owning one gives you early access to the third-person shooter x MMORPG hybrid, allowing you to participate in playtests to help the developers create a quality AAA-like gaming experience. Next to early access, holders also unlock game boosters and earning abilities, according to the FAQ page, while gaining complete access to XOCIETY World, said to be the “gateway to the rebuilding process of Humankind.”

This is also the game’s first NFT collection, and it comes with a 10k total supply, with the NFTs divided into 4 grades: First, Epic, Rare and Uncommon.

While each Avatar comes with the same real-world benefits regardless of grade, the trait does impact the in-game benefits. Each grade brings unique skins called TEXTUS and more holder-only drops while boosting daily play. Specifically, there are 3 core in-game benefits boosted by grade: Land Pioneering, Daily Motus Energy Recharge, and Motus Energy Bonus. The rarer the grade, the better the boost.

When it comes to real-world benefits, each Avatar not only provides exclusive access to early play sessions, but it also gives you priority in future sales while providing dedicated community spaces, access to real-world events, holder drops, bonus influence in player-created content votes, the ability to vote on project decisions, commercial rights to use the asset the way you want, and more.

The NFT collection is available on OpenSea with a floor price of 0.098 ETH at the time of writing.

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