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MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
<100 subscribers
MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
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Today we are excited to announce that all MUSE holders can start earning protocol fees by staking their MUSE on NFT20.
You can stake your MUSE at any time over at nft20.io/farm to start getting a share of the fees earned by the protocol, the fees will be deposited periodically, so far ~$120,000 fees earned that will be start being deposited over the coming months.
The Muse distributed to the stakers are a result of our Muse buyback program from the protocol fees. If you want to track the fees the protocol is earning, you can checkout the “history” of our multi sig wallet at any time.
Your share of the fees will be equal to your % share of the total muse staked, for example if 1000 total MUSE is staked and your stake is 100, you’ll get 10% of the fees.
When you want to withdraw your staked MUSE there is a 10 day cooldown period that you activate by clicking on “Start Unstake Period”, after the 10 days waiting period is over, you can withdraw all your staked amount.
You can however claim your current earnings at anytime without withdrawing your stake.
Today we are excited to announce that all MUSE holders can start earning protocol fees by staking their MUSE on NFT20.
You can stake your MUSE at any time over at nft20.io/farm to start getting a share of the fees earned by the protocol, the fees will be deposited periodically, so far ~$120,000 fees earned that will be start being deposited over the coming months.
The Muse distributed to the stakers are a result of our Muse buyback program from the protocol fees. If you want to track the fees the protocol is earning, you can checkout the “history” of our multi sig wallet at any time.
Your share of the fees will be equal to your % share of the total muse staked, for example if 1000 total MUSE is staked and your stake is 100, you’ll get 10% of the fees.
When you want to withdraw your staked MUSE there is a 10 day cooldown period that you activate by clicking on “Start Unstake Period”, after the 10 days waiting period is over, you can withdraw all your staked amount.
You can however claim your current earnings at anytime without withdrawing your stake.
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