MoonBox Documents
  • 🐲Introduction to MoonBox
  • ❓What is Moonbox ($MBOX)?
  • πŸͺ™Tokenomics & NFTs
  • 🏦Staking & Rewards
  • πŸ–ΌοΈNFTs and Rarities
  • πŸ—žοΈSecuring your Rare NFTS
  • πŸ–₯️DN-404 Explained
  • πŸ”—Official Links
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Staking & Rewards

Staking rewards are compiled through the tax structure defined in the contract, with 5% of all transactions contributing to the rewards pool. Here’s how the rewards system works:

How Rewards Work

  • When someone buys or sells $MBOX, 3% of the tax is allocated to the staking fund.

  • This staking fund is distributed proportionally to all stakers during the buy/sell transaction call.

Reward Mechanics

  • Your initial staking rewards accumulate in $MBOX until you claim them.

  • When claiming, the contract converts your collected $MBOX rewards into its $S equivalent, as shown in the dApp.

Impact of Price Changes

  • If the $MBOX price decreases, the $S value also drops, resulting in fewer $S to purchase rewards.

  • Conversely, if $MBOX price increases, the $S value rises, yielding more rewards when claimed.

  • Similarly, fluctuations in the $MBOX price impact how much $S you receive on claim based on the current conversion rate.

Important Notes

Your rewards in $MBOX build up consistently; any apparent reduction in $S amount reflects conversion rate dynamics, not a loss of value.

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Last updated 5 months ago

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