Staking


Stake tools - Earn Landcoins = $USDC



Introduction

The Farmineland Staking System empowers you to use your NFT tools on the Ronin network to earn Landcoins, the heart of our ecosystem’s currency. Seamlessly integrated with the Sky Mavis Marketplace, this system lets you reap rewards based on your tools’ rarity and withdraw in USDC via your Ronin wallet.


How It Works

Stake your NFT tools (Common, Rare, or Legendary) from categories like Mining, Fishing, Woodcutting, Harvesting, or Gardening to earn Landcoins every 36 hours. Everything is securely managed on the Ronin network.

Step-by-Step Guide

  1. 🎫 Purchase a Pass

    • Pay a Landcoin fee to activate a staking pass, linking an NFT tool and a character.

    • 🚀 Launch Offer: For the first few days, passes are cheaper and offer higher APYs to celebrate the system’s debut!

    • Pass fees by rarity:

      • Common: 10,000 Landcoins

      • Rare: 15,000 Landcoins

      • Legendary: 20,000 Landcoins

  2. 🛠️ Stake Tools

  • Select an NFT tool (e.g., a Pickaxe for Mining) and stake it through the system.

  • Each pass has a tool limit:

    • Common: Up to 5 tools

    • Rare: Up to 3 tools

    • Legendary: Up to 2 tools

    • Staking more tools boosts your APY, up to a maximum.

APY Table by Category and Rarity

Rarity

Initial APY

Base Price (Landcoins)

Pass Fee (Landcoins)

Tool Limit Stake per Pass

Duration

Common

287.0%

35,000

10,000

5

50 days

Rare

330.0%

55,000

15,000

3

50 days

Legendary

400.0%

80,000

20,000

2

50 days

Boost Stake Bonus APY

NFTs Staked
Common
Rare
Legendary

1 NFT

+0% = 287.0%

+0% = 330.0%

+0% = 400.0%

2 NFTs

+120% = 407.0%

+140% = 470.0%

+150% = 550.0%

3 NFTs

+160% = 447.0%

+180% = 510.0%

4 NFTs

+170% = 457.0%

5 NFTs

+210% = 497.0%


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System

  1. 💸 Withdraw Earnings

    • Claim your Landcoins every 36 hours or at the end of the 30-day period.

    • Earnings are in Landcoins and can be converted to USDC.

  2. 🛠️ Unstake Tools

    • After 30 days, you can unstake your tools while keeping your earned Landcoins.

    • ⚠️ Warning: If you transfer an active NFT tool, the system removes the APY tied to that tool. If the pass has only one tool and it’s transferred, the pass is deactivated, requiring a new pass purchase to stake other tools.

    • If the player stakes a tool NFT, they won’t be able to use it in the in-game task system — that NFT will only be active in the staking system.


Benefits

  • 💸 Passive Income: Earn Landcoins automatically every 36 hours.

  • 🚀 Launch Offer: Lower pass prices and boosted APYs in the first days.

  • 🔒 Security: Your tools and earnings are safeguarded by the Ronin network.

  • 🎁 Bonus: Boost earnings by up by staking more tools in a single pass.


Security

  • ✅ Tool Verification: All tools are checked to confirm ownership.

  • 👀 Transfer Monitoring: The system automatically adjusts passes if NFTs are transferred.

  • 🛡️ Reliable Transactions: Backed by the Ronin network and the Treasure Pool Health for secure withdrawals.


Treasure Pool Health

USDC reserve that backs all withdrawals. It’s fueled by:

  • 💸 NFT Transaction Royalties: A percentage of NFT sales on Sky Mavis Marketplace.

  • 🎟️ Pass Purchases: Landcoin fees paid to activate staking passes.

  • 🛒 NFT Sales Revenue: Income from direct NFT sales.

  • 🔥 Burned Landcoins in-game transactions: Landcoins removed from circulation are converted to add USDC to the pool.

The APY adjusts dynamically based on the pool’s health—rising when the pool is strong and lowering to maintain stability when needed.


Conclusion

The Farmineland Staking System is a simple, secure, and profitable way to earn Landcoins with your NFT tools. Take advantage of the launch offer with discounted passes and elevated APYs, and dive into a sustainable ecosystem powered by the Treasure Pool Health!

Join now and start staking to grow your rewards in the Farmineland universe!

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