🚢The Journey (staking)
The Great Journey to Starknet has begun - it's time to board the Galleon 👑
The Journey contract was created for two reasons: to reward OG holders of Realms, and to minimise gas fees for Lords/Ladies in the migration to StarkNet.
Once the Journey is complete, Lords/Ladies will be able to claim their Realms in the promised zero-knowledge proofed land of StarkNet (farewell mainnet fees).
To stake your Realm(s), head to https://bibliothecadao.xyz/settling.
Rewards
To save on gas fees, rewards are distributed via epochs, which last for 7 days. You need to be staked for one entire epoch (7 days) to be entitled to your $LORDS. For example, if you stake at the end of epoch 2 and remain staked until epoch 4, you will receive the epoch 3 reward.
Epochs 1-10
625x $LORDS per Realm, per epoch.
You can claim $LORDS immediately after each epoch.
Epochs 11-15
There are two options for Realm Lords/Ladies:
Continue in the same contract (The Galleon)
Lords/Ladies who remain staked in the original contract will automatically continue in this.
Single-sided NFT staking mechanic (you must stay staked the whole time to receive the full rewards on StarkNet).
You can unstake earlier, but you only will earn how many epochs you were staked for (claimed on StarkNet).
You will be able to claim all of the $LORDS up until week 10.
Rewards distributed in full once on StarkNet, directly on StarkNet
350x $LORDS per epoch (a single-sided staking bonus of 12%)
You will still be able to stake in this contract in between epochs 11-15 and the rewards will be deposited directly onto StarkNet
2. New staking contract (The Carrack)
A new staking contract with the same mechanics as epochs 1-10
You can claim $LORDS immediately after each epoch
Will require unstaking from current contract and re-staking in the new one
New Realm Lords can stake in this contract 312.5x $LORDS per epoch
Epoch 11 will begin 48 hours after the end of epoch 10 (48 hours to stake for epoch 11 rewards)
Epochs 16+
The Journey continues as the following until StarkNet is in beta (ETA mid-May)! As planned, emissions will be reduced to 25/day, but distributed via weekly epochs - 175/epoch. During this time, the Galleon will receive an additional 12% boost of rewards.
The Galleon (V1)
$LORDS rewards: 196x $LORDS per epoch (28/day)
Length: Epoch 16 - until StarkNet is in beta and we have bridged.
Claiming $LORDS: Rewards are not claimable on mainnet and will only be claimable once on StarkNet. (ETA mid-may - awaiting StarkNet Beta)
Rewards Eligibility: You will be rewarded for every full epoch staked.
Your StarkNet $LORDS balance will appear on the staking page during epoch 16 and will be manually updated every epoch.
The Carrack (V2)
$LORDS rewards: 175x $LORDS per epoch (25/day)
Length: Epoch 16 - until StarkNet is in beta and we have bridged.
Claiming $LORDS: You can claim $LORDS immediately after each fully staked epoch.
Rewards Eligibility: You will be rewarded for every full epoch staked.
Staking FAQs
What does this staking contract do?
By boarding the ship now, you can begin to earn $LORDS. Once the StarkNet bridge is complete, your Realms will be available to claim directly on StarkNet.
How long do you need to be staked for to be entitled to rewards?
You need to be staked for one entire epoch (7 days) to be entitled to your $LORDS. For example, if you stake end the end of epoch 2 and remain staked until epoch 4, you will receive the epoch 3 reward.
Once staked, do you need stake again for future epochs?
No, once you stake and remained staked, you’ll be entitled to all future epoch rewards (unless you unstake).
Why can’t I see my Realm(s) in OpenSea after staking?
Your realms won’t appear in OS while staking as they are transferred into the contract wallet in this process. You can view your staked Realms under 'My Adventurer' at https://bibliothecadao.xyz/.
Can I list/sell my Realms on OpenSea while staking?
No, during staking you can’t list/sell your Realms as they are in the contract wallet. If you wish to list/sell your Realms then you must first unstake them.
Do you have to claim $LORDS after each epoch?
No, you can let rewards accrue and claim in bulk to save gas. If you wish to avoid claiming on L1 we will have a solution to migrate your $LORDS to StarkNet and claim there to save further gas.
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