đĨ Stepwatch LAND
Last updated
Last updated
What is StepWatch LAND NFT? If you hold STEPWATCH LAND NFT, you will receive 1% of the total SWP tokens mined in each region for 1 month.
For example, if you own LAND NFT Tokyo, 1% of all SWP tokens mined through StepWatch will be taken by the LAND NFT owner according to the share(City Master). Minting will take place in regions with high level of Stepwatch activity, and a total of 60 City NFTs will be auctioned. You can participate in the auction only with SWLD tokens in the auction format.
StepWatch LAND Mining Method: You can mine SWLD tokens through SWP staking, the StepWatch governance token, and participate in the StepWatch LAND NFT Auction sale with SWLD tokens. StepWatch LAND NFT can only be purchased with SWLD tokens. SWP staking is the only way to get SWLD. An additional 1% SWP is deducted from the SWE -> SWP swap. The deducted SWP will be transferred to the NFT LAND holder's share. 0.01 SWLD tokens can be mined per 1 SWP per day. SWLD will be distributed to your wallet every day, and will be automatically paid out every 24 hours after staking. When 100 million SWLDs are mined, SWLD mining ends immediately. LAND NFT can be traded secondarily, and can only be traded with SWLD. When SWP staking is released, a 1% SWP fee is generated and burned. If STEPWATCH LAND NFTs are found to be traded on other exchanges, the NFTs will be returned to the project team. You can only trade with SWLD tokens on the STEPWATCH marketplace.
A person who owns a LAND NFT in each region will receive the title of âCity Masterâ on Discord, and to grant a role, the NFT holder must be authenticated through a ticket. Each City Master can collaborate on marketing with the project team to promote Stepwatch. Token Name : Stepwatch Land Ticker : SWLD Total issuance : 100,000,000 Public Blockchain : Polygon
Total SWE stake in each city
Total SWE -> SWP Swap Amount: 100% An additional 1% of the total users' SWE -> SWP swap amount will be transferred to the STEPWATCH NFT land owners in each city according to their share. â
Notice
Tier calculation criteria: Population + SWE -> Total amount of SWP swap by region + Total amount of SWE mined in the region
Note: From October 15th, 1% SWP will be deducted additionally from SWE -> SWP swap.
The deducted SWP will be transferred to NFT LAND holders' shares.
0.01 SWLD tokens can be mined per 1 SWP per day. SWLD will be distributed to your wallet every day, and will be automatically paid out every 24 hours after staking.
When 100 million SWLDs are mined, SWLD mining ends immediately. LAND NFT can be traded secondarily, and can only be traded with SWLD.
When SWP staking is released, a 1% SWP fee will be incurred and will be burned.
If STEPWATCH LAND NFTs are found to be traded on other exchanges, the NFTs will be returned to the project team.
| City | Tier | Tier stakes under additional swap fees |
|---|---|---|
Tokyo
1
15%
Seoul
2
7.5%
Yokohama
2
7.5%
Busan
2
7.5%
Osaka
2
7.5%
Nagoya
3
2%
Gyeonggi-do
3
2%
Sapporo
3
2%
Moscow
3
2%
St petersburg
3
2%
Hanoi
3
2%
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