Boost Farm with KNFT bot NFT

KStarNFT optimizes the ways to get profit for maximum efficiency and provides various levels of yields by NFT rarity control. We have 5 levels of KNFT Bot NFT—from common to legendary—with unique designs and features of K-content (where nowhere else can be seen!) that interact with our staking farms.

Each one of KNFT Bot NFT has a different boost feature. Buy your artist and stake it into your farm to boost your APY significantly.

KNFT Reward Weight Increase

In the KNFT reward distribution strategy, different NFTs are given different weights, based on their levels.

For each KNFT reward emitted per block, distribution is based on the numbers of each level's NFTs, multiplied by its weight, so it guarantees that each Lv 5 NFT holders get approximately 10x rewards than Lv 1 NFT holders.

Reward rule

• 1,000,000,000 KNFT reward tokens minted over 10 years and paid to users

• From 1 yr to 10 yr, the number of KNFTs minted annually as a reward is limited.

• See table below (Example: 1 yr – 300,000,000/10 yr – 25,000,000)

• There are 12 rounds, once a month each year. The number of KNFTs paid for each round is KFNT/12 paid for the year.

- Example (1yr: 300,000,000/12= 25,000,000 KNFT)

Distribution Schedule

Token Exhaustion

• 1 round for a month (default time for 1 round is for 30 Days. However the end time can vary depends on the number of KNFT staked in the pool)

• Round ends when the number of rewards paid to users reaches the corresponding Month's Cap

• When User Reward does not reach the corresponding Month Cap for 30 days

- End of round (remaining KNFT carry over x)

E.g 1)

Year : 1st

1 month cap : 25,000,000

KNFT Staked : 225,225,225.2KNFT

Pairing NFT : Legendary

Boosted APR : 200%

Calculation:

225,225,225.2 (Staking) * 0.00547 (daily interest 0.555%)

Daily reward: 1,249,999.99 KNFT

1,231,981.9818 KNFT * 20.3 (Days) = 25,009,234.2314 KNFT

Result

- Round ends on 20.3 th day

E.g 2)

Year 1 cap : 300,000,000

Year 1 month cap : 25,000,000

Staking : 50,000KNFT * Super Rare (x10)

Boosted APR :50%

Monthly interest : 4.16%

Reward for 1month staking: 50,000*0.0416 = 2,080KNFT

KNFT Bot NFT Burn

Once a KNFT Bot NFT is used in one farm, it will be burned immediately while Boost effect will remain until:

  • Any deposit gets withdrawn

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