Earn Yield by Staking $HSY on the NFThistory Platform

TL;DR

  • You can stake HSY tokens to earn a great yield. More details on APY will come soon!
  • 50% of the treasury will be shared among the token stakers every month.
  • We’ll burn 25% of the tokens in our treasury to decrease the circulating supply.
  • The token flow shows how stakers contribute to the network and get rewards.

NFThistory Tokenomics

  • 31% or 310 million HSY will be available for sale (3–12 months vesting). By the way, our sale is currently live. Check out this article to learn how to participate.
  • 35% or 350 million HSY will be reserved for marketing and community incentives (1-month lockup, then 24 months vesting)
  • 12% or 120 million HSY will belong to the team (12 months lockup, then 12 months vesting)
  • 5% or 50 million HSY will go to advisors and partners (3 months lockup, then 12 months vesting)
  • 12% or 120 million HSY will be stored in the treasury (1 months lockup, then 48 months vesting)
  • 5% or 50 million HSY will be reserved for token liquidity

What You Should Know About Staking

Why Stake HSY?

  1. Staking is very easy. You don’t need expensive equipment. All you need is a wallet that’s compatible with the platform where you’ll be staking.
  2. You get rewarded for validating new blocks, giving you a passive income stream.
  3. The value of the token you stake could rise, which could multiply your gains.
  • The value of the token you stake could drop.
  • You typically need to lock your tokens for a fixed amount of time, leaving you unable to use those assets for other purposes.
  • There could be un-staking periods.
  • On our platform, 50% of the treasury will be shared among the token stakers every month. As mentioned in the HSY flowchart below, the treasury will be filled by a monthly unlocking of 2% of the total treasury reserve supply.
  • Each month, we’ll burn 25% of the tokens in our treasury to decrease the circulating supply. This should support the health of the HSY token.

About NFThistory

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NFThistory

NFThistory

World’s first platform for acquiring and transferring ownership of historic moments using blockchain