Staking
Last updated
Last updated
Techie Club is an inclusive community for both current and aspiring techies. With our expertise in tech, we educate and support your tech journey in web2 & web3.
Part of that mission is to provide our holders with unique perks that will reward and support them on their journey. With that in mind, we created a staking system with a unique marketplace that will reward our holders with allowlist spots (free mints & more), free and discounted services, 1on1 mentoring, marketing and much more.
Starting August 12th, 2022, holders of Techie Club Genesis NFT will be able to stake their NFTs .
Staking removes the NFT temporarily from your ETH wallet and locks it in a smart contract. Holders can choose to retrieve the NFT back to their wallet (un-stake) at any time.
The primary reason for staking is that it allows us a way to share rewards with our holders. As we venture into more collaborations and partnerships, holders can expect to receive a wide variety of staking rewards.
To earn $VIBE coins: When your NFT is staked, you will accrue 5 $VIBE coins every 24hrs until your NFT is un-staked.
$VIBE coin is an ERC20 utility coin for Techie Club. It will serve as the medium of exchange for Techie Club’s Marketplace.
You will receive the equivalent of 5 $VIBE coins every 24hrs that your NFT is staked. If you stake your NFT less than 24hrs, you will still receive the correct percentage of $VIBE coins.
Example: If you un-stake after 12hrs of staking, you will receive 2.5 $VIBE coins.
Holders can freely exchange their $VIBE coins in our marketplace at any time. The marketplace will include: allowlist spots from various projects (free mints & more), free and discounted services, 1on1 guidance and much more.
