Precautions for trading NFTs eligible for coupons When trading NFTs eligible for coupons on NFT marketplaces, make sure to check if the Token ID has already received the coupon before completing the transaction.
You can verify if an NFT eligible for coupon payment has received the coupon information by checking the details page on the Coupon service.
You will not receive the coupon assigned to your Token ID until the transaction is completed and ownership is transferred from the NFT seller to the NFT buyer #MARBLEX #mbx
Coupon & Inventory Basic Concept If the user is verified as the holder of the TokenID of the NFT specified in the coupon pool, they will acquire the coupon specified in the pool. Depending on the coupon pool, there may be a cost when acquiring it.
Coupons are not on-chain data, but off-chain data registered on MARBLEX servers as a combination of image and text.
Coupons can include game-specific coupons or gift cards for services. Rule ■ Requirements NFT
The Requirements NFTs in each coupon pool may vary. Users are able to redeem coupons once they are verified as holders of the Requirement NFTs.
NFTs that are validated and received by a user will have their TokenID recorded on the server, to prevent them from transferring the NFT to another wallet and try to redeem the coupon again. By selling the coupon, the seller can still view the coupon information. #MARBLEX #MBX
claim poll Basic Concept User submits a specified token to the pool and randomly receives one of the NFTs in the claim pool. A separate NFT is not required to claim and the submitted tokens will not be returned.
Rule ■Requirements NFT
No specific NFTs are required to claim new NFTs; users can acquire NFTs by paying only the specified token. #MARBLEX #MBX
If the total score of the input NFTs meets the swap condition of the pool, users are eligible for swapping and will randomly receive 1 reward NFT from the pool.
■ SWAP Requirements
The execution of information, such as SWAP Requirements and NFTs input by users, takes place during the processing stage of the swap pool.
※ For MBX NFT's SWAP service, all input NFTs are burned. #MBX #MARBLEX
The type of NFTs that the user is required to input to make a swap is specified in each pool.
The input NFTs can be from multiple collections and can be essential or optional.
Each TokenID of the input NFT is assigned a score, and the total score that needs to be met for the swap is set.
The score of an input NFT is set independently for each pool (e.g., NFT A in swap pool 1 may have a score of 1, but may have a score of 2 in swap pool 2).
Input NFTs may require a specific Staking Level.
MARBLEX NFTs that enter the pool as swap ingredients are burned. #MARBLEX #MBX
In NFT Staking V1, to level up multiple NFTs, users had to level them up one at a time. In V2, you can level up multiple NFTs at once.You can select up to 20 NFTs at a time.
Fee changes: Unstaking Boosting Token
In NFT Staking V1, there was no fee to unstake boosting tokens, but there was a 5 minute wait time, and you had to unstake and re-stake when adding additional boosting tokens. In V2, we have removed the waiting period and introduced a feature enabling additional boosting tokens without unstaking, albeit with an associated unstaking fee.. #MARBLEX #MBX
In NFT Staking v1, there was a 5 minute waiting period to unstake NFTs. In V2, there is no waiting period - unstaking is instant.
Waiting period changes: Unstaking Boosting Token
In NFT Staking v1, there was a 5 minute waiting period to unstake tokens used for boosting. In V2, there is no waiting period - unstaking is instant. #MARBLEX #MBX
In NFT Staking v1, a fixed amount of MBX was paid as a level-up fee for mined NFTs. However, in v2, the payment token for the level-up fee will be changed from MBX to a native token such as KLAY. The level-up cost is based on the price of MBX, and the amount of KLAY is calculated based on the ratio of the price of MBX to KLAY on the global market.
※ The following information only applies to Marblership Lunar Animals Collection. 50% of the tokens used for the Level Up Cost are burned regularly through a contract address after being swapped to MBX through MBX/KLAY Dex Pair.
Synchronization time for MBX/KLAY exchange rate : Every 1 hour interval (e.g. 00:00, 01:00, 02:00 ... 23:00 (UTC+9))
*Source data : CoinMarketCap
Swap time for KLAY → MBX through Dex Pair
: Every 8-hour interval at 01:00, 09:00, 17:00 (UTC+9) #MARBLEX #MBX
NFT Staking v2 -2024.03 Compared to NFT Staking v1, the main changes in NFT Staking V2 are as follows:
Boosting the staked amount wihout unstaking
The NFT Staking service supports the token boosting feature to improve the staking APR. In NFT Staking v1, users had to unstake and re-stake boosted tokens to boost APR and then re-stake tokens for further boosting. However, with v2, we've addressed this inconvenience to allow users to stake additional boosting tokens directly without unstaking the existing staked tokens. #MARBLEX #MBX
Level up may proceed only when a Token ID has met the level up requirements.
By obtaining all Staking Rewards, an NFT's experience will reach 100%. This is one of the requirements that allows it to level up.
It is possible to increase the Staking Reward limit by making an additional level up payment.
NFT level-up cost and Staking Reward distribution varies for each collection. Details can be found at the corresponding website, white paper, or gitbook.
Unstaking all staked NFT will cause the user to forcibly claim all accumulated rewards.
[Info]
Includes details about NFT available for staking, staking status, and rewards for each Token ID. Users may view other user's Token ID or staking details as well as their own. Mineable Reward: The amount of rewards that can be claimed at a certain point for each Token ID Mineable Reward = (Staking Reward)-(Amount of claimed reward)
Staking Reward: Initial amount of rewards distributed for each Token ID When NFT levels up, the amount of Staking Reward and Mineable Reward adjusts itself according to the NFT's level.
Base APR: The base mining efficiency. It is used for the Staking Reward Formula.
Staking Status: Displays the current staking status
Claim Rewards refers to transferring rewards acquired from NFT Staking to a user's wallet.
Claimable Rewards: Rewards acquired through NFT Staking. When claimed, it displays the amount (before fee deduction) of Tokens transferred to user's wallet
Total reward: Reward status of all staked NFT. Total reward = {Mineable Reward} / {Staking Reward}
Claim Fee: A 2.5% fee that is deducted from the Claimable Rewards before the reward is delivered to user's wallet. #MARBLEX #MBX
Claim Rewards refers to transferring rewards acquired from NFT Staking to a user's wallet.
Claimable Rewards: Rewards acquired through NFT Staking. When claimed, it displays the amount (before fee deduction) of Tokens transferred to user's wallet
Total reward: Reward status of all staked NFT. Total reward = {Mineable Reward} / {Staking Reward}
Claim Fee: A 2.5% fee that is deducted from the Claimable Rewards before the reward is delivered to user's wallet. #MARBLEX #MBX
how Staking Reward Formula works in MARBLEX Boost APR
Boost APR refers to the act of staking Tokens to reduce the time it takes to receive the reward for any staked NFT.
It also refers to the speed of the Base APR configured for the NFT when only staking NFT.
1-epoch equates to 1 reward. Increasing the APR value increases the amount of reward per 1-epoch
<Rules>
APR value can be increased by staking APR Tokens. The increased value may vary depending on the Boosting Efficiency of each collection.
Boost APR does not increase the total mining reward. The currency used for Boost APR is identical to the Staking Reward.
Additional Boost Staking is not possible when boosting APR. In order to add more volume to Boost Staking, the user must unstake the original amount and restart the Staking process with the new amount.
Unstaking causes a cooldown duration to occur. Boost APR does not apply during this time. #MARBLEX #mbx
It is possible to unstake any staked NFT by selecting them individually
No gas fee or other fees are applied when unstaking. Instead, a cooldown duration occurs when unstaking is requested. Once the duration is over, requesting unstaking returns the NFT to user's wallet
*The cooldown duration varies for each collection and may be subject to change depending on operational circumstances #MARBLEX #MBX
NFT Staking v1 in MARBLEX Definition Similar to mining rewards in each Token ID, the reward claiming period is determined by the reward and APR (%) of the selected Token ID. Reward delivery is based on the formula. Supports Boost APR and level-up features.
Policy [Staking]
Staking available for each collection
Total NFT Staking volume per collection is limited to 200ea for each account, but the maximum number of NFTs that can be staked per action is 160ea.
NFT Staking with MARBLEX Staking & Leveling up your NFT!
Got any NFT just rolling around in your Wallet? Generate rewards and profit by staking NFT or level them up to upgrade your NFT collection.
NFT staking on the MBX NFT platform extends the life of NFT asset value and allows it to expand into the external environment. NFT staking allows users to stake NFTs and in return earn staking reward tokens assigned to that NFT. #MARBLEX #MBX