Chapter 3.1: Staking

Staking is finally here!

And you can access it through the following website:

https://ad.aristoswap.app/staking

So let’s make a deep dive on how it works:

Doghouse Staking & Boosters:

When staking, each NFT you stake will generate a different amount of point every day. There will be 3 main categories to stake:
Houses, Boosters and a Special Booster (that will be revealed in the future).

Each Mansion will grant 15 points a day. 10 per Townhouse, 5 per Doghouse, 3 per each AristoDog stored on each house, 2 for AristoWolves and 1 for Partnered Project NFTs and if you manage to have all 3 slots filled, regardless the collection, you will have 2 additional points for “Full House” concept.

For example:

A Doghouse with 3 AD stored inside, will grant you a total of 16 points daily. 3 for each AD, 5 for the House and 2 for the Full House.

A Townhouse with 1 AD and one Gen3, will give you 15 points.

A Mansion with two Partnered Project NFTs and 1 AD, will give you 22 points and so on. The combinations are up to you!

That sounds great, but… what are those points for 🤔?

Well, this points will allow you to earn 🤑 $BISCUIT 🦴 !!!

$BISCUIT is the utility token of the AristoSwap.app ecosystem platform and will be distributed every 30 days after each season ends.

HOW TO STAKE?

To stake your houses, you only need to select the number of houses you want to stake and press the Stake Houses button. To unstake, you just need to do the opposite action.

After you manage to stake your houses you will see 3 things:

• A STAKED sign will appear on your already staked houses, so you know which ones are already staked and which ones are not.

• You will see your number of staked houses number reflected on the top panel.

• You will see your number of season points increasing day after day, according to the NFTs staked.

So staking the houses is fine… but where are my boosters at? I can’t find my beautiful dogs anywhere on the site.

Well you just need to double click on your house and then a pop up will open so you can choose your boosters to be staked.

After that you just need to choose the boosters you want to add on each one of the slots and then press the stake button.

After your Boosters are staked you will be able to see the number of booster you have already staked in your houses.

If you want to unstake you just need to press on the booster individually, or select the three of them individually.

$BISCUIT USE CASES / ALLOCATION / DISTRIBUTION

What are the use cases of $BISCUIT?

• Exchange it for $CRO (on a 100:1 ratio)
• Buy raffle tickets
• Pay for fees over hosting raffle, swaps, upcoming mints and further utilities at aristoswap.app

Allocation

• There will be no initial allocation.
• There will be no team allocation.

Emission Rate

The emission of $BSC will be controlled by the amount of $CRO deposited within a smart contract.

$BISCUIT will be emitted at a rate of 100 $BSC to every 1 $CRO placed within the smart contract.

Miscellaneous Mechanics of $BISCUIT ($BSC)

Every time a transaction is held within the AristoSwap.app ecosystem there is a service fee or % taken from the transactions. That portion of the fee will be designated for the rewards system will be entered into the $BSC smart contract.

The emitted $BSC will be distributed to staked doghouses according to the points generated by the houses you own during the month.

For example, if your houses make 2.000 points during the month and the total amount of points accumulated by all the staked houses is 200.000, then you will receive 1% of the total $BSC distributed, and so on for everybody.

What if I want to redeem $CRO

$CRO can be redeemed from the smart contract by burning $BSC on a 100:1 ratio — meaning for every 100 $BSC burned through the smart contract 1 $CRO will be returned.

As the supply of $BSC is limited by the $CRO placed into the smart contract, and the only way to mint more $BSC is to place extra $CRO in the smart contract, the value of $BSC is maintained at a 100:1 ratio.

This unique version of a hybrid between a monetized and non-monetized utility token enables the user to participate in services within the ecosystem without spending $CRO, whilst still enabling profit to be withdrawn.

So… with less than 15% of the houses left to be minted out, which house are you going to choose to pamper your furry friend 🐶?

Join the Aristocracy: https://app.ebisusbay.com/drops/aristodog
Mint a DogHouse: https://www.boomersquad.io/launchpad/aristodoghouse
Twitter: https://twitter.com/AristoDogNFT
Discord: https://discord.gg/WCJDYBJwPc
List your Project: https://discord.com/channels/1012262242865131580/1027194202595004446

Twitter: https://twitter.com/AristoDogNFT
Discord: https://discord.gg/6QGXsywK
List your Project: https://forms.gle/7gPd6BCjA7UPmkqs7