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XOCIETY

$x

N/A

70

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Platform

  • PC icon

Category

Battle Arena, Co-op, Extraction Shooter, Fantasy, Multiplayer, P2E, PVP, RPG, SCI-FI, Third-Person Shooter

Staking & Liquidity for XOCIETY

Introduction

Staking and liquidity mechanisms are crucial components of Web3 gaming, enabling players to earn rewards while contributing to the game’s economy. XOCIETY, a third-person shooter with RPG progression, incorporates staking as a core feature of its play-to-earn model. [1a] This report will cover:

  • The staking mechanics and how they function within the game. [1b]
  • The rewards system and how it incentivizes player participation. [1c]
  • The integration of staking with gameplay and its impact on player progression. [1d]
  • The measures in place to ensure long-term economic sustainability. [2a]

Staking Mechanics

XOCIETY's staking system allows players to stake Frontier Avatar NFTs to earn weekly rewards in the form of NTx soulbound tokens. [1e] Players can stake up to 25 NFTs per wallet, with a staking period lasting 7 days, from Saturday evening to the following Sunday. [1f] [1g] The staking process is designed to be simple and accessible, with players connecting their wallets to the game’s official website to participate: [1f]

  • Staking does not affect players’ ability to participate in game nights or holder tests, ensuring that gameplay remains uninterrupted. [3a]
  • The system includes a “Boost Info” feature that allows players to simulate staking rewards based on the number and grade of NFTs staked. [1i]

Rewards System

Staking rewards in XOCIETY are designed to incentivize player participation, with boosts available based on the number and grade of NFTs staked. [1c] The reward system combines grade boosts, which depend on the rarity of the NFTs staked, and staking boosts, which are based on the number of NFTs staked. [3b] During the promotional period, players can earn double rewards, with the potential to earn up to 7,200 NTx tokens by staking the maximum number of NFTs: [3c]

  • Grade boosts can provide up to a 30% increase in rewards, while staking boosts can offer up to a 50% increase, resulting in a combined maximum boost of 80%. [3d]
  • Players who claim their rewards weekly receive an additional 5% boost for that week’s claim. [3e]

Integration with Gameplay

Staking in XOCIETY is more than just a passive earning mechanism; it actively enhances player progression and earning opportunities. [1d] Frontier Avatar NFTs provide staking benefits alongside other in-game advantages, such as increased daily Motus Energy recharge and bonuses. [1l] The NTx tokens earned from staking can be used to acquire CORPORATE NFTs, which grant ownership of in-game corporations and unlock additional profit opportunities: [1m]

  • Stakers who have held their NFTs for at least two weeks are eligible for double rewards during specific playtest events, further incentivizing long-term participation. [4a]
  • The integration of staking with gameplay ensures that players are rewarded for both active participation and strategic asset management. [1d]

Economic Sustainability

XOCIETY’s staking system is designed with long-term economic sustainability in mind, focusing on preventing the premature collapse of its play-to-earn model. [2a] The use of soulbound tokens (NTx) for staking rewards ensures that these tokens remain tied to the player’s account, reducing the risk of market manipulation. [1b] The game’s economy is further stabilized by the conversion of NTx tokens into the native token and their use in acquiring CORPORATE NFTs, which provide long-term revenue opportunities: [1p]

  • The promotional double rewards period is a strategic move to drive initial engagement while maintaining long-term reward sustainability. [3c]
  • The development team’s focus on sustainable game economy models reflects a commitment to preventing the issues that have plagued other play-to-earn games. [2a]

Conclusion

XOCIETY’s staking and liquidity mechanisms effectively enhance the play-to-earn experience by providing clear incentives, integrating with gameplay, and ensuring long-term economic sustainability. The staking system is designed to balance player rewards with strategic gameplay integration, offering a comprehensive play-to-earn model that appeals to both casual and dedicated players. Key aspects of XOCIETY’s staking and liquidity mechanisms include:

  • Simple and accessible staking mechanics that allow players to earn weekly rewards in NTx soulbound tokens. [1b]
  • A rewards system with grade and staking boosts that incentivizes active participation and strategic asset management. [1c]
  • Integration with gameplay that enhances player progression and provides long-term earning opportunities through CORPORATE NFTs. [1m]
  • A focus on economic sustainability, with measures in place to prevent the premature collapse of the play-to-earn model. [2a]

References

[1] Dragan. XOCIETY Launches Frontier Avatar NFT Staking. PlayToEarn. Available from: https://playtoearn.com/de/news/xociety-launches-frontier-avatar-nft-staking

[2] Ryan "NDUS" Chown. Shoot, Earn, Pioneer, build your Metaverse. Medium. Available from: https://medium.com/xocietyofficial/shoot-earn-pioneer-build-your-metaverse-594a408d3b76

[3] Ryan "NDUS" Chown. XOCIETY Frontier NFT staking opens on June 3rd. Medium. Available from: https://medium.com/xocietyofficial/xociety-frontier-nft-staking-opens-on-june-3rd-5f779b95e44a

[4] Dragan. Play and Earn in Xociety Spotlight Playtest. PlayToEarn. Available from: https://playtoearn.com/news/play-and-earn-in-xociety-spotlight-playtest

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