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How it works?

Let’s take a concrete example to understand how Dynamic Staking works in our ecosystem.

  • Let’s assume an user has 10,000 EMR and decides to bring it into the ecosystem. They convert it into wrapped EMR (WEMR), stake it, and purchase a level 10 NFT. This NFT allows them to monetize up to 20% per month of what they have in staking.

  • Now, let’s say this user is very active and burns a lot of calories. Additionally, they have a large team that generates even more calories than they can monetize with their current NFT. However, for the time being, their NFT only allows them to monetize 20% of their staked amount. This is their first source of income.

  • Now, if we consider that they can reinvest the monthly amount earned back into staking, they are essentially compounding their interest. In this case, they could already be in profit in less than 5 months, just from the EMRS earned.

  • But that’s not all. In addition to the rewards from burning calories, the user will also earn EMR as interest, based on the transactions happening in the ecosystem. As adoption grows, their rewards will grow even more.

  • And let’s not forget: since they hold over 10,000 WEMR in staking for more than 60 days, they become eligible for larger rewards, which means they could be in profit as soon as after two months.

  • On top of these sources, we also need to consider the fact that their NFT can level up, allowing them to earn even higher rewards and a larger percentage of monetization. Plus, they can sell their NFT at a higher value as it levels up.

  • Additionally, the team they build within the Emorya ecosystem can also bring them significant benefits. As their NFT levels up and they become more active, the user encourages their team to burn more calories, which will further accelerate their NFT growth and bring them greater rewards and benefits.

In conclusion, the more active you become and the more you level up your NFT, the more rewards and satisfaction you will gain, taking full advantage of all the opportunities offered by Dynamic Staking and our ecosystem.