Staking Terms and Conditions
1. Staking Overview
MOOZ NFT staking allows holders to lock their NFTs in a staking contract to earn rewards. By staking your MOOZ NFTs, you agree to all terms outlined in this document.
2. Staking Process
To stake your MOOZ NFTs, you must connect your wallet to our platform and approve the staking contract to interact with your NFTs. Once staked, your NFTs will be locked in the contract for the duration of the staking period.
There is no minimum staking period.
3. Rewards Structure
Staking rewards are distributed in $MOOZ tokens. The reward rate is calculated based on:
- Number of NFTs staked
- Duration of staking period
Reward rates may be adjusted periodically based on market conditions and sustainability of the rewards program.
4. Risks and Disclaimers
Staking involves certain risks, including but not limited to:
- Smart contract vulnerabilities
- Market volatility affecting reward values
- Regulatory changes that may impact staking operations
- Technical issues that may delay reward distribution
By participating in the staking program, you acknowledge and accept these risks.
5. Unstaking and Withdrawals
You may unstake your NFTs at any time. Rewards earned during the staking period will be calculated and distributed at the time of unstaking.
Gas fees for staking and unstaking transactions are the responsibility of the user.
6. Modifications to Staking Terms
MOOZ NFT reserves the right to modify these staking terms at any time. Major changes will be communicated to the community through our official channels.
Continued participation in the staking program after modifications have been announced constitutes acceptance of the updated terms.
Last updated: June 2024