February 22, 2023 (epoch 396) – Ongoing
Lobster royal cnfts will act as a staking BONUS. They are the first meme coin to provide staking for the coin itself. The only prerequisite for your $lobster staking to begin is to delegate your ADA to a ROYAL POOL. The amount of ADA doesn’t influence the $lobster staking rewards.
There is a minimum requirement of 5 NFTs for the staking mechanism to get activated! Each CNFT held by any warrior contributes to increasing the return rate. (There is a max limit of 500 NFTs per wallet. You pick up your Lobster NFTs on JPG.store
The exact original formula is:
Rewards_per_epoch = $LOBSTER_HODLINGS * (0.005 + Amount_of_CNFTs * 0.00015) * 100% / 6
Calming Your Tokens
You are NOT forced to withdraw your rewards each epoch, as the will be held for up to one month. You can claim your rewards on Dripdropz.io