Staking Mechanics
Nebula Status
The status of the Nebula Odyssey NFT is a critical factor in determining both the Yield Trait Points and the maximum amount of LEOX tokens that can be staked against it. Each Nebula NFT belongs to one of five different statuses, and higher-status Nebula NFTs allow for higher LEOX staking limits and more Yield Trait Points, which directly affect the rewards the staker can earn.
Nebula Status and LEOX Staking Cap
Nebula Status
Yield Trait Points
Max LEOX Tokens Stakable
Royalty Circle
5
100000
Imperial Council
4
80000
Administrative Assembly
3
60000
Essential Vanguard
2
40000
Elite Class
1
20000
Yield Trait Points: These points determine the rewards multiplier for staking. A higher-status Nebula grants more Yield Trait Points, leading to greater rewards.
Max LEOX Stakable: Each Nebula status has a cap on the amount of LEOX tokens that can be staked against it. This ensures that higher-status Nebula NFTs have greater staking capacity, offering larger reward potential.
The previous Nebula pNFT statuses have been upgraded and rebranded. The original statuses of First Citizen, Second Citizen, Third Citizen, Fourth Citizen, and Fifth Citizen have been updated to the new categories: Royalty Circle, Imperial Council, Administrative Assembly, Essential Vanguard, and Elite Class.
Staking Period
Staking Options for all pools are: 1 Month, 3 Months, 6 Months, 12 Months, 24 Months Staking periods are locked so there is no early unstaking of NEBULA and LEOX When the staking period ends, the user is able to unstake their Nebula and LEOX Yield can be claimed as often as you’d like. It is not blocked by the staking period.
Key Features of the Staking Periods:
No Early Unstaking: Once users stake their Nebula NFT and LEOX tokens, they cannot unstake until the selected staking period has ended. This ensures stability and long-term commitment within the ecosystem.
Staking Period Boosts: Longer staking periods come with significant rewards in the form of staking boosts, which increase the user's earning potential based on their commitment. The boosts are applied to the Yield Trait Points, making longer stakes more rewarding.
Nebula Staking period
Staking Boost
1 Month
No boost
3 Months
1.25x
6 Months
1.5x
12 Months
2x
24 Months
3x
Yield Flexibility: While the Nebula NFT and LEOX tokens are locked for the staking period, users can claim their rewards at any time. The ability to withdraw earned LEOX rewards is independent of the staking lock period, providing liquidity even during long-term stakes.
Additional LEOX Staking: After a Nebula NFT is staked, users have the option to add more LEOX tokens to the already staked Nebula. Any LEOX added will follow the remaining duration of the Nebula's staking period. This feature allows users to increase their staked LEOX without resetting or extending the staking period of the Nebula NFT.
Unstaking: When the staking period ends, users can unstake their Nebula NFT and LEOX tokens. However, unstaking the Nebula NFT will automatically unstake all LEOX tokens staked against it.
How Many Points Do I Get for Staking LEOX?
When users stake LEOX tokens on the Galileo Protocol's staking platform, they earn points based on the amount of LEOX they stake. These points, combined with the Yield Trait Points from the staked Nebula Odyssey NFT, directly influence the share of rewards a staker can receive from the rewards pool.
Points for Staking LEOX
The points earned for staking LEOX tokens are calculated based on the amount of LEOX staked, with larger stakes earning more points.
You earn 1 point for staking 400 LEOX tokens. Points increase proportionally with the amount of LEOX staked, so if you stake 800 LEOX tokens, you earn 4 points, and if you stake 1000 LEOX tokens, you earn 5 points, and so on.
Fractional Points: In cases where a user stakes a non-standard amount, fractional points are awarded. For example, staking 100 LEOX will earn 0.25 points.
Calculation of Points
To calculate your total points, combine the points from your Nebula NFT, the points from staked LEOX tokens, and apply the staking period boost. The formula is:
Total Points = (Nebula Status Yield Points × Staking Period Boost) + LEOX Points
For example, if you have a Nebula NFT with a First Citizen status (5 Yield Trait Points) and you stake 2000 LEOX tokens (5 points), with a staking period of 6 Months (1.5x boost), your total points would be:
Total Points = (5 × 1.5) + 5 = 7.5 + 5 = 12.5 points
This calculation determines your share of the rewards pool, with more points translating to a larger portion of the rewards.
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