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.
Rarity
Boosting power (fixed)
Minting # (variables)
Probability (variables)
Legendary
x1000
1
0.01%
Epic
x15
9
0.9%
Super Rare
x10
40
4%
Rare
x5
150
15%
Common
x2
800
80%
Total: 1000
100.00%
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 8 rounds and paid to users
• See table below (Example: 1 yr – 300,000,000/10 yr – 25,000,000)
- Example (1yr: 300,000,000/12= 25,000,000 KNFT)
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:
KNFT APY
5%
Legendary NFT Boosting power:
X40
Boosted APY
200%
Monthly Interest rate
200/12 = 16.66%
Daily Interest rate
200/365= 0.547%
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Any deposit gets withdrawn
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