[5%] Snake Staking

5% of the Daily Issuance distributed as AURYN

Snake SFT Owners can stake their their SFTs, in order to earn a share of the 5% of Daily-Issuance reserved for Snake Staking. Rewards are distributed daily as AURYN at the daily Auryndex™.

Each staked Snake SFT is worth 100 Snake Points (SS = Snake Score) for this purpose. The score of all staked Snake SFT is multiplied by the DEB™, in order to determine the share of users rewards.

It is worth nothing that the 100 Snake Points each Snake SFT is worth are similar to the Subsidiary Points and are comparable, even though they do not stack directly, since the rewards are computed separately.

However, they are comparable, because a common ground must exist due to DEB Conversion. You can read more about DEB Conversion here.