Genius X staking benefits
Tokens earned through the Genius X accelerator program redistribution.
$GENSX stakers will have the opportunity to receive tokens from the redistribution of the accelerator program. Each $GENSX staker will share into a "project accelerator reward pool", with all the others $GENSX stakers, the tokens distributed each epoch, in proportion to their respective $GENSX staking weighting factor.
UPDATE: Locked staking will now reward staking with $GENSX as well!
NFT and/or locked staking boosters can be applied to this weighting factor to increase amount of tokens redistributed every epoch.
Only utility tokens will be part of the redistribution program. Security tokens are excluded for regulation compliance.
We will be collecting feedback and data on the Genius X tier system in order to optimize it over time as well as taking into consideration community feedback
Redistribution of the Genius X launchpad fees
When a public sale is held in the Genius X Launchpad, Genius X charge projects a % of their public sale income. 20% of this fees will be used to buyback $GENSX tokens and will be redistributed over 10 epochs between all $GENSX stakers according to their weighting factor.
Be part of the Galaxy NFT lottery
The Galaxy NFT will be a very rare NFT, which can be won through a lottery system. 4 times per year, 10 wallets will be drawn at random among the $GENSX stakers eligible for a tier and winners will be able to claim a Galaxy NFT.
Galaxy NFT bonuses are cumulative with a Genius X ISPO NFT such as Vesta, Comet or Titan.
Galaxy NFT bonuses do not stack- only one can apply at a time.
Galaxy NFTs utility is not tied to the wallet and a 7% royalty fee is applied on the secondary market.
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