How to maximise APY?
The key to maximizing APY lies in understanding how multipliers work. When staking Blue tokens, two primary factors influence your potential yield:
Staking Duration: The longer you stake, the higher the multiplier.
NFT Boosts: Certain NFTs can provide additional boosts to your staking rewards.
These multipliers compound, significantly increasing your potential returns.
Example Scenarios:
Tier-2 NFT and 1-Year Staking:
NFT Boost: 200%
Duration Multiplier: 2x for 1 year
Total Multiplier: 4x (200% x 2x)
Tier-1 NFT and 2-Year Staking:
NFT Boost: 300%
Duration Multiplier: 3x for 2 years
Total Multiplier: 9x (300% x 3x)
Tier-3 NFT and 30-Day Staking:
NFT Boost: 130%
Duration Multiplier: 1x for 30 days
Total Multiplier: 1.3x (130% x 1x)
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