Once any type of gameplay for Land is released that can support token rewards, these Land Staking rewards will transition to be rewarded through active gameplay.
Rewards are 11,194.62 AXS AXS per day and differ based on the rarity-level of the staked land. View a land staking guide here.
We’re ecstatic to roll out Land staking to the community– this is an important step towards delivering on our vision of an engaging, beautiful, and rewarding experience for land NFT holders.
You can stake up to 30 land plots in one transaction. We’ve put together a tutorial to walk you through the steps of staking your Land plots
The incredible growth and success of Axie Infinity has provided us with an opportunity to create an expansive vision of a gaming experience for Land that goes far beyond the initial descriptions we shared during our initial announcements of this gaming concept. However, realizing this vision is a larger upfront technical undertaking that requires deliberate focus and development. That said, as we’ve described previously, the Land experience will be rolled out as incremental gaming experiences that will all interconnect into a massive cohesive game that we’re really excited about.
When we made Land plots available to the community, we made a commitment that they would serve as a resource base for AXS (our governance token), as various gaming experiences were made available. Given the growing scope of Land, we’ve decided that to make good on our commitment to those who invested in land plots, we should allow landholders to stake land and increase their AXS ownership as a temporary, incremental step toward Project K’s release. We deeply appreciate the commitment of landholders, and want to make sure that their long term outlook is rewarded with more ownership and influence over our collective ecosystem.
We intend to add engagement and gameplay requirements to the claiming of rewards in our ecosystem over time. In other words, Origin, Land, AXS staking, and any other future experiences will evolve towards requiring active gameplay and ecosystem contributions to receive rewards, to better align incentives and make sure that rewards are encouraging actions that are adding concrete value to our digital nation.
Once any type of gameplay for Land is released that can support token rewards, these Land Staking rewards will transition to rewards through active gameplay.
As hopefully you all are starting to see, a big priority for Sky Mavis is to decentralize deliberately, and incrementally with the community. We’re excited about the working partnerships that we are building within our community, and we are convinced that the opportunity to onboard, educate, and delight millions is tangible and immense. This land staking project is no exception! That said, we want to give a huge shoutout of appreciation and admiration to community member Owl for the awesome work he did on the staking contract! We’re looking forward to building with you again soon. The entire Sky Mavis organization is actively looking for ways to engage the community in meaningful ways going forward. As we always say, let’s build together.
Need help? Check out this land staking guide