Panda Patrol Official Whitepaper V1
  • Introduction
    • Our Vision & Project Info
  • Utility
    • Community and Charity Donations
    • DAO
    • Rarity Based Staking
    • $BAMB Utility Token
      • $BAMB Auction System
      • Breeding/Evolving
      • Merchandise
      • Holders Dashboard
  • Baby Pandas
  • Gen 1 Vs. Gen 2
  • Tokenomics
    • Tokenomics
Powered by GitBook
On this page
  1. Utility

Rarity Based Staking

PreviousDAONext$BAMB Utility Token

Last updated 3 years ago

Just a couple weeks after our launch, we were able to implement a rarity based staking system. This allowed all of our holders to earn passive income by locking their NFTs in our staking system. Additionally, by introducing a rarity based multiplier, this had brought on greater value to already scarce Uncommon, Rare, Epic, Legendary, and Mythic NFTs. As one stakes their Panda Patrol NFT, they will yield a daily income of 5 $bamb tokens. After 7 consecutive days of staking, a rarity multiplier would be applied to their 7 day accumulated total multiplying their income by up to 2x, if they are staking an NFT of mythic rarity. Users are able to withdraw their accumulated earnings anytime and cash out for USDC, though those who hold, are presented with many far more valuable utilities.