Staking Logic

Here we will talk about $SCOTTY staking, more specifically I'll provide you with a better understanding on how and when the NFT rewards will be issued!

You can always check your staking amount on my website.

I want to remind you of the golden principle - time in the market is more important than timing in the market.

In our situation, patience is also an essential element of success. Our reward system is designed to prioritize long-term supporters over trigger-happy visitors. Some could consider this a loyalty program, but if you ask me, it’s all simple mathematics. Numbers don’t have feelings, right?

So about the rewards logic related to $SCOTTY staking - your ownership ratio to the general pool, as well as the dedicated staking time determine your chances of winning special prizes.

For example, your choice of staking period acts as a multiplier of your chances to win NFT:

  • 1 month x1

  • 3 months x1.25

  • 6 months x1.5

Simple enough, right?

Let’s raise the stakes a little bit and give you a visual perspective on how your token ownership may get you a better chance of winning.

Imagine we have 1000 SCOTTY tokens staked in each staking option. We would have these numbers in total:

  • 1000 tokens staked for 1 month ~ 1000 probability index

  • 1000 tokens staked for 3 months ~ 1250 probability index

  • 1000 tokens staked for 6 months ~ 1500 probability index

That's a 3750 total probability index. Suppose you staked 100 tokens for 3 months, meaning a 125 probability index. So your chance of winning 1 NFT = 125 * 100% / 3750 = 3.3% Don’t worry though, your APY is unaffected, and percentages can be seen on this picture.

Now you probably want to find out about the reward itself.

If you keep up with the latest updates on our social media channels, you know that we are forming many promising partnerships. We now have a special secure NFT Vault and forward all unique partners’ and Scotty NFTs there, and distribute portions of them to $SCOTTY stakers according to probabilities described above!

This means you would get not only APY from the staking, but also a chance to win dozens of cool NFTs! Subscribe to my social media channels to stay in the mix and keep up with the giveaways.

Good to know: I offer three different staking options. Choose what fits you!

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