MOMO NFT Yield Farming (MBOX)
Last updated
Last updated
According to 《MOMOverse Phase 2 — Important Update Announcement》,MOMO Farm is expected to migrate its daily cap on Hash Power Mining Yield by 50,00 MBOX ( previously capped at 100,000 MBOX) on 22 December at 3 a.m. UTC, leaving MOMO Farm with a daily Mining Cap of 50,000 MBOX;
The daily yield limit in the MOMOverse has been updated to 100,000 MBOX, including 50,000 MBOX per day from the MOMO Farm, mainly through the "Prestige" and "Prosperity" components.
We have created a unique yield farming mechanisms that puts your NFTs to work. By staking unique MOMOs users can farm the MOBOX platform DAO token (MBOX).
Each MOMO has a randomly generated initial hash power that can be upgraded by consuming other MOMO NFTs. The total hash power is calculated by adding up the hash power of all your MOMOs. The amount of MBOX tokens mined is dependent on your weighted average of the total hash power across the platform.
The amount of MBOX tokens released per day is also dependent on the total hash power across the platform.
Level
Total Hash Power
MBOX/day
1
50,000
10,000
2
100,000
20,000
3
200,000
30,000
4
300,000
70,000
5
400,000
120,000
6
500,000
200,000