Staking Rule

ByteNext is glad to announce the official launch of our Staking program.

Currently, with the increasing development of NFT, ByteNext encourages all community members to join our program. This is a great opportunity for you to earn passive income by staking BNU to earn NFT!

Launch Date: 2PM UTC on June 10th, 2021

End Date: 2PM UTC on July 10th, 2021

Duration: 30 days

Participants: All the people that have BNU in their private wallets.

How to join

Step 1: Right after receiving BNU, to participate in the program, users visit the website: https://staking.avatarart.org

Step 2: Send BNU to “Stake” section to join the program

There are 4 staking durations for users to choose:

Lock in 30 days

Lock in 60 days

Lock in 90 days

Lock in 120 days

Annual interest

110%

120%

130%

150%

Minimum amount of token

100 BNU

1,000 BNU

5,000 BNU

10,000 BNU

The locking period starts from the day the program starts.

Step 3: After 30 days, the system will spin to figure out key holders to open treasures.

Step 4: Check the status here:

If it is “Yes”, you have a key to open the NFT treasure. If it is “No”, you don’t have a key.

Step 5: Open the treasure and enjoy your reward.

Mechanism to calculate and give back the lottery tickets:

Every 10 BNU sent to the “Staking” section are equivalent to 10 lucky tickets. After every 24 hours, the system will scan the staking list to distribute the lottery tickets. These lucky tickets are accumulated everyday.

Lottery tickets are accumulated daily and you can see the result in the “Lottery Slot” part.

Spinning mechanism for lucky numbers:

Time: 30 days after the program

Method: All tickets are mixed and lucky people are chosen at random. The more tickets you hold, the luckier you are.

Reward: The lucky people will get keys as rewards to open NFT treasures (Each participant can get only 1 key). There are totally 20 keys for participants. There are 3 types of keys to open 3 types of treasures.

The bronze key is for the bronze treasure.

The silver key is for the silver treasure.

The gold key is for the gold treasure.

The type of key is the same as your tier:

You are at the bronze tier => Your reward is the bronze key.

You are at the silver tier => Your reward is the silver key.

You are at the gold tier => Your reward is the gold key.

You are at the diamond tier => Your reward is the diamond key.

Mechanism for ranking participants:

Bronze

Silver

Gold

Diamond

Locking period

30 days

60 days

90 days

120 days

Minimum amount of token

100 BNU

10,000 BNU

50,000 BNU

150,000 BNU

Values of reward treasures

Bronze treasure

Silver treasure

Gold treasure

Diamond treasure

Value

100 USDT - 300 USDT

500 USDT - 3,000 USDT

5,000 USDT - 10,000 USDT

15,000 USDT - 30,000 USDT

Rewards in treasures

  • After the program ends, if participants don’t withdraw BNU, they still can receive staking interests as token BNU.

Notes:

  • NFT representing placements in 3D virtual reality exhibitions

  • NFT for the first artworks on AvatarArt

  • NFT from our partners