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Dear Melosian,
We are thrilled to announce that we have finalized the development of the Melos Music NFT Hashing Mining Feature in Melos Finance. Our NFT hashing mining pool will be launched on Melos Finance at 12 PM UTC 20th August.
A total of 300,000,000 $MELOS tokens (30% of the Melos tokenomic allocation) have been allocated for the staking and mining pool.
60% of the POWER pool -> Music NFT hashing mining — You need to stake your Music NFT to mine $MELOS tokens
40% of the POWER pool -> $MELOS tokens staking — Requires 1 Music NFT for staking ticket
In this guide, Melos Finance will teach you how to stake your NFT to earn rewards
Which music NFT can be staked in Melos NFT hashing mining pool:
Melos Music Hashining Power Information
How to stake your music NFT in NFT hashing mining pool Notes:
If you are a Binance NFT Holder (D POWER, Trezsong Z, David Bowie), you must first withdraw your Binance NFT to melos studio.
Withdraw your music NFT from Binance NFT to use it as the staking ticket
Step1- Click the website https://www.melos.finance
Step2- Connect your BNB Chain wallet via Metamask
Step3- Click the NFT “Swap” button
Step4- Click the “choose” button on the left-hand slide
Step5- Swap your collectable NFT to the Miner NFT.
Step6- Click the “confirm” button
Step7- Wait for the NFT swap
Step8- Choose which NFT you want to select and click the “confirm” button
Step9- Scroll down the page to “NFT Farm”
Step10- Choose which NFT you want to stake in NFT hashing mining
Step11- Click the “confirm” button
Step12- Click the “Staking” button
Step13- wait for the deposit confirmation
Step14- Click the “confirm” button
Congratulations! You are now staking your NFT in the Melos NFT hashing mining pool!!
You can now stake your NFTs in your wallet address to claim the $MELOS token!
How to harvest your MELOS tokens from the pool
Click the “Harvest” button to harvest your $MELOS token earning
Confirm your harvest
There will be a T+7 days latency of the withdraw earning.
After T+7 days, you can claim the $MELOS token that you harvested
Click the “confirm” button to confirm the withdraw of your harvest
How to unstake your MELOS tokens from the pool 1a. Normal Withdraw
There will be a T+7 days latency of earning withdraw and a T+3 days latency of principal withdraw. You can withdraw your current earning after T+7 days. Withdrawal information can be viewed on the Reward Page.
Your $MELOS can be claimed after 72 Hours.
1b. Emergency Withdraw
Click the “Emergency Withdraw” button
Your $MELOS tokens and NFT will be processed immediately after the emergency withdrawal, but you will give up your earnings and will receive the principal amount.
Notes Every time you withdraw, deposit, etc., the earning will be recalculated, and the previous income will be automatically withdrawn to the reward page.
ABOUT MELOS STUDIO
Melos is a decentralized meta+music web3.0 collaboration platform for musicians and music creators. It is also a pioneer within the decentralized creator economy, because Melos allows anyone to create music through its tools. The generated content can then be saved as NFTs and brought into circulation. Through the open re-creation of generated music NFTs, Melos functions as a social music platform, where music creators can collaborate, communicate, and co-produce.
Dear Melosian,
We are thrilled to announce that we have finalized the development of the Melos Music NFT Hashing Mining Feature in Melos Finance. Our NFT hashing mining pool will be launched on Melos Finance at 12 PM UTC 20th August.
A total of 300,000,000 $MELOS tokens (30% of the Melos tokenomic allocation) have been allocated for the staking and mining pool.
60% of the POWER pool -> Music NFT hashing mining — You need to stake your Music NFT to mine $MELOS tokens
40% of the POWER pool -> $MELOS tokens staking — Requires 1 Music NFT for staking ticket
In this guide, Melos Finance will teach you how to stake your NFT to earn rewards
Which music NFT can be staked in Melos NFT hashing mining pool:
Melos Music Hashining Power Information
How to stake your music NFT in NFT hashing mining pool Notes:
If you are a Binance NFT Holder (D POWER, Trezsong Z, David Bowie), you must first withdraw your Binance NFT to melos studio.
Withdraw your music NFT from Binance NFT to use it as the staking ticket
Step1- Click the website https://www.melos.finance
Step2- Connect your BNB Chain wallet via Metamask
Step3- Click the NFT “Swap” button
Step4- Click the “choose” button on the left-hand slide
Step5- Swap your collectable NFT to the Miner NFT.
Step6- Click the “confirm” button
Step7- Wait for the NFT swap
Step8- Choose which NFT you want to select and click the “confirm” button
Step9- Scroll down the page to “NFT Farm”
Step10- Choose which NFT you want to stake in NFT hashing mining
Step11- Click the “confirm” button
Step12- Click the “Staking” button
Step13- wait for the deposit confirmation
Step14- Click the “confirm” button
Congratulations! You are now staking your NFT in the Melos NFT hashing mining pool!!
You can now stake your NFTs in your wallet address to claim the $MELOS token!
How to harvest your MELOS tokens from the pool
Click the “Harvest” button to harvest your $MELOS token earning
Confirm your harvest
There will be a T+7 days latency of the withdraw earning.
After T+7 days, you can claim the $MELOS token that you harvested
Click the “confirm” button to confirm the withdraw of your harvest
How to unstake your MELOS tokens from the pool 1a. Normal Withdraw
There will be a T+7 days latency of earning withdraw and a T+3 days latency of principal withdraw. You can withdraw your current earning after T+7 days. Withdrawal information can be viewed on the Reward Page.
Your $MELOS can be claimed after 72 Hours.
1b. Emergency Withdraw
Click the “Emergency Withdraw” button
Your $MELOS tokens and NFT will be processed immediately after the emergency withdrawal, but you will give up your earnings and will receive the principal amount.
Notes Every time you withdraw, deposit, etc., the earning will be recalculated, and the previous income will be automatically withdrawn to the reward page.
ABOUT MELOS STUDIO
Melos is a decentralized meta+music web3.0 collaboration platform for musicians and music creators. It is also a pioneer within the decentralized creator economy, because Melos allows anyone to create music through its tools. The generated content can then be saved as NFTs and brought into circulation. Through the open re-creation of generated music NFTs, Melos functions as a social music platform, where music creators can collaborate, communicate, and co-produce.
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