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How to Monetize

Here's all you need to know about monetizing your EMRS.​

1. EMRS

In order for you to monetize, you need to earn EMRS through burning calories. You can earn EMRS from three different ways:

  • From your dashboard Basal Metabolic Rate, which is the lowest earning EMRS (25% of total EMRS from Activities Journal).
  • Your Activities Journal rewards you with EMRS. More activites, more EMRS + you get more rewards depending on your NFT Level.
  • From your Teams, invite as many friends as you can through your refferal code and earn EMRS from each of them. (This is the best way to earn lots of EMRS)

2. Dynamic Staking

You need to have Wrapped EMR (WEMR) staked in Dynamic Staking if you want to monetize.

  • All you need is to connect to our dApp with your xPortal or MVX Extension, wrap your EMR in WEMR and then just stake your WEMR in Dynamic staking.

There's already a tutorial for Dynamic Staking, so check it out if you need help.

3. Transfer to wallet

This is the moment where you transfer all your EMRS earned through your Basal Metabolic Rate, Activities Journal and Teams from Emorya App to your Web3 wallet (xPortal wallet)

  • Go to Wallet in Emorya App and transfer all your EMRS through Transfer to wallet function. Confirm your transaction and you have transfered your EMRS in your xPortal wallet.

4. Swap your EMRS in EMR

The last step in monetizing is swapping your EMRS in EMR.

  • You can do that by simply entering Wallet section from Emorya App and then click SWAP button. Select how many EMRS you want to swap and that's it, you are swapping EMRS for EMR.
note

  • The Basal Metabolic Rate from the dashboard is updated every 6 hours.

  • If you don't claim your EMRS from Activities Journal, it is lost after 12 hours if no claim is made.

  • In Teams, your EMRS is lost after 7 days if no claim is made.

  • You can swap only 10%, 20%, 30%, 40%, 50% or 100% monthly from EMRS to EMR, depending on how much WEMR you have in staking and the level of your NFT.

You can checkout the NFT Reward System for a better understading.