Staking FAQs
Last updated
Last updated
5 $VIBE coins per day. You can spend your coins in https://vibemarket.techieclub.co/
We regularly restock our market with popular free mint spots, allowlist spots, airdrops, career coaching sessions, stage time (want to promote your project?) and more!
When you stake your NFTs, the NFTs are transferred into a staking contract where it will earn ERC20 tokens at 5 $VIBE coins per 24hrs. You can unstake and get your NFTs back anytime.
Yes, you need gas to stake. The staking is on the ERC-20 network, which means you need ETH to pay for the gas fees. Don’t worry, our contracts are optimized.
You'll have to sign 2 transactions when you first start staking: one to approve the contract (it should only cost < $1, this is a one-time fee), another one to stake.
You can also wait until gas is low to stake: https://ethereumprice.org/gas/
You will earn rewards every minute your NFT is staked.
The staking process will be the same. Connect your hardware wallet, authorize and approve the staking transaction.
Yes, you will be able to un-stake any of your NFTs at any time.
These tokens will act as internal utility tokens (1 TOKEN = 1 TOKEN) and will be the foundation of the project’s internal economy.
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Your staked NFTs are moved to our staking contract. You can get them back anytime by unstaking.
Yes! This only gives us access to your Techie Club Genesis NFTs.
This is expected! What happens is we calculate your balance based on when you staked but it doesn’t reflect properly on Metamask, because we want to save you that extra transaction to claim to save you gas.
And when you go ahead and unstake (aka, a transfer happens on your NFT) it will automatically claim your tokens on chain. OR when you purchase an item on the VIBE market, it will then automatically claim your tokens. The point is it saves you an extra step to go “claim” to save you gas.
On our staking website, you can click “Resync Metadata” which works like Refresh Metadata on OpenSea.
When people stake their NFT, they cannot list it for sale unless they unstake it. This helps us decrease listings and potentially increase the floor price (less supply on the market).
Our $VIBE token is for our internal economy only. So you can only use it in the VIBE market.
I don’t see a “claim” button It auto claims when you unstake, stake or purchase something on the VIBE market.
No, you'll be fine!
