Base Staking Multipliers
As a holder of $MEME you are eligible to mine $SALT (amongst other coins). The amount of $SALT mined does not depend only on your $MEME balance - in contrary, it takes a lot of key factors into consideration, turning them into multipliers for how much $SALT you can mine daily.
Multipliers are dependent on each other and interconnected, meaning that 'losing' or 'winning' one could affect the rest of your multipliers.
Examples:
First $MEME Buy / Transfer
Last $MEME Sell
Total Buys/Sells
Holding Period
Additional Time Milestone Bonuses**
Total $MEME Balance
Other STX token Holdings**
Posts about $MEME on Social Media**
Hidden Multipliers*
This and other on-chain data is fetched daily and then used to calculate how much $SALT you are eligible to mine per day.
The staking mechanism is focused on rewarding holders, diamond hands specifically. The more you support the ecosystem by holding, the more you get rewarded.
Hidden multipliers*
Hidden multipliers are conditions that are not released to the public. This could be (for example) holding an NFT from a specific collection on Stacks, or even holding a very specific NFT-trait from a collection.
You might have interacted with certain protocols in the past, or retweeted a specific post. Hidden multipliers might be applied for a specific time period or forever.
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