Staking
FEED Staking DApp is another way to earn passive income (in $AQUQ) within the FEED Protocol Ecosystem. You can get high APRs by adding AQUA-BUSD or FEED-BUSD liquidity but you can also do single token staking with $AQUA, $FEED, and other Partner's tokens.
The goal for this feature is to incentivize long term holding and liquidity provision by the community, so liquidity can also be decentralized and always rewarded.
Staking pools:
There are four staking pools:
Pool 1: 500 tokens locked in liquidity pool that will yield 4% daily ROI in $AQUA
Pool 2: 300 FEED tokens locked liquidity pool that will yield 2.4% daily ROI in $AQUA
Pool 3: 200 tokens locked in liquidity for lifetime that will yield 1.6% daily ROI in $AQUA
Pool 4: 85 FEED tokens locked in liquidity for infinity that will yield 0.68% daily ROI in $AQUA
NFT staking
Collectible and Game NFTs can be utilized to generate a passive income through staking.
The NFT staking protocols, such as Islands, can generate higher than usual APYs, in an entertaining manner. Those opting fo this method of earning should be aware to collect as many exotic collectible NFTs as they can, to advance.
NFTs with with premium traits will enable users to earn a meager percentage of reward in addition to the 4% daily ROI.
Super rare NFTs will offer 0.25% in addition to 4%, rare NFTs will offer 0.15%, while common NFTs will add no additional rewards!
Types of Islands:
There are four types of Islands, each of which has different locking periods and value NFTs; collectively these specifications determine the return rate of each Island.
Types of these Islands is disscussed here: https://app.gitbook.com/s/pd2FijriT3C8nkTyxeFx/fundamentals/nft-non-fungible-tokens/island
Marine Pets NFT Staking
There are plenty of other fish in the sea
Marine Pets Life Time Reward NFTs Once an individual get an Island NFTs, he can enjoy privilege of life time reward utility.
here is the details:
We have 5 different scenarios for island NFTs explained in Island section: https://app.gitbook.com/s/pd2FijriT3C8nkTyxeFx/~/changes/0uAdmr0mc4OlhgpaMlOw/fundamentals/island
if missed, we suggest you to read that first before moving forward.
Island NFT holders can get lifetime reward based on their eligibility here is the details:
Fish NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: $5000 worth Aqua Tokens
Turtle NFTs 24 Hours Earning: $48 Daily Percentage Yield: 1.6% Annual Percentage Yield: 584% Tokens to be locked: $3000 worth Aqua Tokens
Octopus NFTs 24 Hours Earning: $11.9 Daily Percentage Yield: 0.7% Annual Percentage Yield: 255.5% Tokens to be locked: $1700 worth Aqua Tokens
Note: For every marine-pet NFTs creation distribution as following:
● 75% goes to the reward pool ● 15% goes to the treasury ● 10% is added to the liquidity poolSo,
For instance, when Fish NFTs creates $5000 required in which 75% which is $3750 directly transfered to reward pool by our smart contract, similarly $750 reserved for treasury funds and $500 added to liquidity pool in order sustain token price.
Reward Estimation:
The reward on each Island staking protocol can be estimated through calculation. The collective value of the pets plus the extra reward from the chest (and the content in it), along with the locking period.
Things to know:
The number of tokens needed to use specific Pet NFTs
How many tokens are needed to use NFTs for fish, turtles, and octopuses? We can envision three potential possibilities for the project's fairlaunch because the service is not yet online and the Aqua token price has not yet been established.
For instance, AquaTank raised just 100 BNB, but the entire quantity of Aqua tokens is 10 billion, thus the marine-pet calculation is as follows:
Tokens against 1 BNB = 31000000 265/31000000 = $0.0000085 each Aqua token
Fish NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 588,235,295 Aqua
Turtle NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 352,941,177 Aqua
Octopus NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 200,000,000 Aqua
In case, AquaTank raised 500 BNB having total supply of 10 Billions Aqua token then calculation of marine-pet as following:Tokens against 1 BNB = 6200000
265/6200000 = $0.000042 each Aqua token
Fish NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 119,047,619 Aqua
Turtle NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 71,428,575 Aqua
Octopus NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 40,476,191 Aqua
Another scenario, If raised 1000 BNB in fairlaunch and total supply of 10 Billions Aqua token then calculation of marine-pet as following:Tokens against 1 BNB = 3100000
265/3100000 = $0.000085 each Aqua token
Fish NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 58,823,530 Aqua
Turtle NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 35,294,118 Aqua
Octopus NFTs 24 Hours Earning: $162.5 Daily Percentage Yield: 3.25% Annual Percentage Yield: 1186% Tokens to be locked: 20,000,000 Aqua
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