Staking

Staking in the Age of Mars ecosystem is a process whereby token holders can lock up a portion of their Mars Metaverse Tokens (MMT) to receive rewards in USDT. This mechanism serves multiple purposes: it provides a stable return for investors, supports the economic health of our ecosystem, and enhances the utility of the MMT token.

Staking Rewards

Unlike traditional staking models that reward participants in the native token, Age of Mars has chosen to distribute staking rewards in USDT. This decision is grounded in our commitment to offer tangible value to our community, acknowledging the more stable and widely recognized worth of USDT. Rewards are derived from a dedicated pool, funded by 20% of the proceeds from in-game NFT sales. This approach ensures that rewards are not only sustainable but also directly tied to the economic activity within the Age of Mars ecosystem.

Reward Distribution Mechanism

• Funding Pool: The reward pool allocates 20% of all revenue generated from NFT sales within the Age of Mars games. This directly correlates with the ecosystem's economic performance and the rewards distributed to stakeholders.

• Distribution Frequency: Rewards are distributed monthly to ensure participants' consistent and predictable income stream.

• Calculation of Rewards: The amount of USDT each participant receives is proportional to the amount of MMT staked and the duration of the stake. The formula for reward distribution takes into account the total amount of MMT staked in the system, individual staking amounts, and the total value available in the reward pool.

Entry Requirements

An entry threshold is set to maintain the exclusivity and sustainability of our staking program. This threshold is determined by the minimum amount of MMT that must be staked to participate. The entry-level is designed to be accessible yet substantial enough to ensure that the staking mechanism remains beneficial for severe investors and users. The threshold amount will be periodically reviewed and adjusted based on the ecosystem's growth and economic conditions.

Technical Infrastructure

Our staking mechanism is built on a secure and scalable technical infrastructure. It leverages smart contracts to automate the staking process, reward calculation, and distribution. This ensures transparency, security, and efficiency in all transactions.

• Smart Contracts: Deployed on the blockchain, these contracts handle the staking, calculation, and distribution of rewards automatically. Third-party security firms audit them to ensure their integrity and reliability.

• User Interface: A user-friendly interface allows participants to stake their MMT tokens, view their staking balance, and track their rewards in real time.

Economic Model

The economic model underpinning our staking mechanism is designed to be robust and adaptable. It employs advanced algorithms to manage the supply and demand of MMT, the inflow of funds from NFT sales, and the distribution of staking rewards. This model ensures the staking program's long-term viability and the reward pool's stability.