Liquidity and NFT Staking
Get ready for the battle!
Completed Airdrop
Comrades, as you may have already read in our previous article, on Monday (26th of October) through to Wednesday (28th of October) we conducted the application process for NDR Airdrop. A total of more than 16,000 applications were received, but only 500 cadets passed our test and were selected to join our squad first.
On Friday (30th of October) we successfully completed the airdrop by distributing 12,600 NDR Tokens to 500 cadets (25.2 NDR each). We also successfully locked liquidity for 1 year, enabling soldiers to start accumulating more NDR:
Liquidity lock: https://v2.unicrypt.network/pair/0x65d0A154D2425CE2Fd5fED3BdaE94D9a9aFE55CE
NDR/ETH: https://info.uniswap.org/pair/0x65d0a154d2425ce2fd5fed3bdae94d9a9afe55ce
Uniswap Token address: 0x739763a258640919981f9ba610ae65492455be53
Track our Token here: https://www.dextools.io/app/uniswap/pair-explorer/0x65d0a154d2425ce2fd5fed3bdae94d9a9afe55ce
Acquiring NFTs
As you may remember from our previous article, there will be 2 options as to how you can acquire Hero NFTs:
- Buy them on our platform using your ETH
- Exchange them for HASH, which you will earn by staking your UNI-LP Tokens (i.e. farming NFTs)
Farming NFTs
Let’s say you have some NDR and you want to obtain a Hero card. All you need to do is go to the Uniswap liquidity pool, click on ‘+ Add Liquidity’, and add your NDR together with ETH in a 50/50 ratio to the pool. You have now acquired your first UNI-lP Tokens (or shares in our liquidity pool). Great job comrade! 🏅
Next, you should go to our platform, connect your wallet, and click on the ‘GET HEROES’ page. Then, click on ‘STAKE’ and select the amount you want to stake. Currently the minimum amount of UNI-LP Tokens that you can stake is 2.25 and maximum is 22.5.
Please note: at the time of writing this article, 2.25 UNI-LP Tokens are equal to roughly 25 NDR/0.20 ETH. This number is subject to change in the future.
The table below shows how many HASHES you can earn by staking a certain amount of UNI-LP Tokens, and how many days it would take for you to obtain a certain Hero card:
So, to put in simple terms — a minimum stake of 2.25 UNI-LP Tokens will earn you 10 HASHES per day, so it will take you 10 days to accumulate 100 HASHES and exchange them for 1 Common Hero NFT. At the same time, a maximum stake of 22.5 UNI-LP Tokens will yield you 100 HASHES or 1 Common card per day! 🔥🔥🔥
LP staking contract address: 0x3d7711cfdb117e463378abda138d41e91f26aa85
Staking launch on our website: 3rd of November
Purchasing NFTs
Another way of acquiring any Hero NFT card is to simply buy it on our platform using your ETH. This is a more expensive option, but it is quicker. Don’t forget that 90% of your provided ETH will be used to buy back NDR from the market and provide NDR/ETH liquidity 😎
The price of the card in Ether is not fixed, but correlates with the value of 1 NDR/ETH UNI-LP via the following formula:
Card’s Price in Ether = Price of 1 NDR/ETH UNI-LP x Card’s Rarity x Coefficient Number
When NDR/ETH pair increases in price, so does the card’s price and vice versa.
So, either you have just farmed or simply bought your first Hero NFT, the next logical step is to stake it and start earning NDR Tokens! 💸💸💸
Staking NFTs
First of all, you can view all of your owned NFTs by connecting your wallet to our platform and clicking on the ‘MY CARDS’ page. Next, click on the ‘STAKE’ page and select which cards you want to stake. Please note:
- You can stake up to 4 cards at the same time
- Each card has different strength points
- Staking rewards are calculated based on the total number of strength points staked
- The stronger cards you stake, the higher will be your rewards!
This is where you can find your Heroes’ strength points (highlighted in red):
Staking rewards are calculated based on how many strength points you are staking in proportion to the whole staking pool. Let’s analyze the example below:
- Say, you are staking 4 cards with a total number of strength points being 20
- The whole staking pool has 10 cards staked, with a total number of strength points being 50
- Your staking rewards pool share is then: 20/50 = 0.4 = 40%
As you remember, we have put aside 45% of the whole supply (12,600 NDR) for staking rewards over the course of 6 months. This amount will be equally divided among 2 staking pools: Heroes and Villains. This means that Heroes staking pool reward rate per day will be roughly 30 NDR + the 2% fee, which we collect from all NDR transactions.
Let’s say, for the sake of this example, we collect 10 NDR in transaction fees daily.
- Your total staking rewards are then: 0.4 x 30 + 0.4 x 10 = 16 NDR per day, or 5840 NDR per year.
- If you want to calculate your APY in %, then use this simple formula: total staking rewards received / initial investment
NFT staking contracts have been deployed and the allocated 45% of the whole supply (12,600 NDR) have been locked in them.
Hero Staking contract: 0x29326F9050Be6DF0eC285d55476dF4906c82DA1ethe
Villain Staking contract: 0x335ed0F48715E6CF86D46D630dAdddcF7cBDDb6A
NFT staking launch: by the 5th of November
Let the battle begin comrades! ⚔⚔⚔
In our next article, we will explain in detail the mechanism of fighting Villains. Stay tuned and stay accumulating comrades. You will need both strong Heroes and NDR Tokens to defeat the baddest Villains of the century!
For further updates:
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