HEXO distribution
Users can obtain HEXO by staking NFTs from qualified CNFT collections.
The amount of rewards received in the form of HEXO is determined by the amount of quality CNFT that the user owns. The more user has qualified CNFT, the higher his daily reward.
To qualify CNFT collections into the Leaderboard or High League, users need to lock their EXO tokens into votes. These votes can then be distributed among CNFT projects in the Staking Hub in order to rank them. Their ranking and unique characterictics will then determine the HEXO rewards they generate.
There is a limit on the amount of HEXO received by one user per day. The base limit is 250 HEXO per day. This means that the user cannot receive more HEXO per day, but can continue to accumulate it. The daily limit applies to HEXO production for staking. The limit does not affect HEXO royalties, Alchemist Gloves and HEXO production from lands.
The user can increase his daily HEXO limit by performing activities on the platform or by owning certain nft. Some achievements raise the user limit permanently, such as:
Inventor: +100 points (User opened at least 1 new resource in metalab)
Crafter: +10 points (User succesfully crafted at least 10 resources in the metalab) ! Does not stack with other achievements in the crafting category
Crafterx50: +25 points (User succesfully crafted at least 50 resources in the metalab) ! Does not stack with other achievements in the crafting category
Crafterx100: +50 points (User succesfully crafted at least 100 resources in the metalab) ! Does not stack with other achievements in the crafting category
Discord: +20 points (User has successfully connected their Discord account on the platform and has a level 10 role on the Discord server)
Some achievements depend on whether the user holds certain NFTs in their wallet, such as:
Small Land +50 points (Hold 1 small land in the wallet) ! The bonus for the number of lands is cumulative
Medium Land +100 points (Hold 1 medium land in the wallet) ! The bonus for the number of lands is cumulative
Large Land +200 points (Hold 1 large land in the wallet) ! The bonus for the number of lands is cumulative
Voter +100 points (Put at least 10,000 votes in any collection you want)
Both lists of the achievements will be updated as new mechanics appear on the platform.
Example of a HEXO limit: you are an active user, and: you crafted 63 resources in the metalab and you were lucky to invent 2 resources, you own 2x small lands and 1x large land and you contributed 25,000 votes for your favorite collection - then you will have: 250 (base) + 25 (crafterx50) + 100 (inventor) + 100 (x2small land owner) + 200 (large land owner) + 100 (voter) = 775 daily HEXO limit.
The daily HEXO limit date TBA later in 2023
In addition to the main source of HEXO earning by staking qualified collections, this token can be obtained from:
Alchemist's Glove - legendary CNFT from the Mining Tools collection. Holding this gives +100 HEXO per day. Alchemist Glove can be obtained for discovering new resources in the Metalab. See on jpgstore.
HEXO Lands - there is up to 25% chance that you can get a HEXO resource on the medium or large lands during the mint. Lands with this type of trait will bring to his owner (n) HEXO per day.
Metalab Royalties - if you are lucky enought to discover any resource in the Metalab Game, then you will receive royalties from the Metalab store.
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