According to YooShi Tokenomics, 3% of each $YOOSHI transfer will enter YooShi Farming Pool. At present, the total amount of $YOOSHI accumulated in the farming pool has exceeded 25 trillion, with a total value of more than $2.3 million. With the continuous expansion of the application scenarios of $YOOSHI, the transactions that occur using $YOOSHI become more frequent, and the total amount of $YOOSHI in YooShi Farming Pool will continue to grow and never dry up.
All tokens accumulated in YooShi Farming Pool will be distributed to users through “Stake NFT to Farm”. In YooShi ecosystem, there are 3 categories of NFT: YooShi Family NFT, YooShi Friends NFT and YooShi Friends Fragment NFT.
Among them, YooShi Family NFT and YooShi Friends NFT have “HashRate” attributes and can be staked to YooShi Farming Pool for farming $YOOSHI. YooShi Friends Fragment NFT can be used to mint YooShi Friends NFT.
All of the above types of NFT can be circulated in NFT trading market.
YooShi Blind BOX
All YooShi Family NFT, YooShi Friends NFT and YooShi Friends Fragment NFT will be issued through “Blind BOX” firstly. Users can use $YOOSHI or $BNB to extract Blind Boxes and obtain different types of NFT.
$YOOSHI and $BNB spent by users to draw Blind Boxes will be redistributed as the following rules:
- 10% is owned by the developer；
- 40% enters YooShi Farming Pool；
- 50% is injected into the black hole address and burned.
Once Blind Box sale is started, YooShi Farming Pool will be opened simultaneously. The farming speed will gradually slow down until it stops. The earlier you participate in farming, the more benefits you will earn.
NFT Position and “HashRate Modification”
Each user can stake up to 8 NFTs for farming, which we call it as “NFT positions”. YooShi will open 1 NFT position for each user for free, and users can also unlock more positions by staking $YOOSHI, so as to stake more NFTs to participate in farming.
User can also make your NFT farming machine run more efficiently. When unlocking more positions, stake different amounts of $YOOSHI, and these positions will also bring you different “HashRate Modification”.
Example: The hashrate of your staked NFT is 2. When unlocking the position, you choose to stake 100 million $YOOSHI, and you will get a “HashRate Modification” of 4. Then, the total HashRate you have is: 2*4= 8.
After user staked $YOOSHI to unlock the position, it will enter “HashRate Period”. The HashRate Period is 7 days. If you choose to get back $YOOSHI and release your position during the HashRate Period, 10% of the amount will be deducted, 9% of which will be injected into YooShi Farming Pool, and 1% will be burned into the black hole address . By the end of HashRate period, no fees will be charged for releasing position.
YooShi Family NFT
6 types of Genesis YooShi Family NFT will released at first, featuring 6 cute YooShi dinosaurs. The name, amount of issuances and the basic HashRate of Genesis YooShi Family NFT at first issue are as follows:
As YooShi ecosystem continues to grow, there will be new types of NFT join in YooShi Family in the future.
YooShi Friends NFT
YooShi has many good friends all over the world, and YooShi will jointly issue YooShi Friends NFT with great teams of other projects. You can obtain YooShi Friends NFT in two ways: (1) purchase directly; (2) mint with YooShi Friends fragment NFT.
YooShi Friends NFT is also functioned with “HashRate”. YooShi Friends NFT issuance quantity, basic HashRate, minting conditions and other information will be announced before each issue of YooShi Friends NFT goes online.
YooShi Friends Fragment NFT & Minting
YooShi believes that many YooShi family members have got YooShi Friends Fragment NFT by participating in YooShi & CoinMarketCap SHIB ARMY NFT airdrop. Minting YooShi Friends NFT is one of the most important way to obtain YooShi Friends NFT.
Users can get “YooShi Friends Fragment NFT” from Blind Box on YooShi official website or NFT trading market. The “Energy Value” of different types of YooShi Friends Fragment NFT is different.
On YooShi official website (yooshi.io), users can put YooShi Friends Fragment NFT into the “Foundry”. Once the total “Energy Value” of Fragment NFT you put in the “Foundry” becomes an integer multiple of 100, you can get an integer number of “ YooShi Friends NFT”.
$YOOSHI or $BNB will be cost while minting NFT. The original NFT will be burned when the minting is succeed.
Example 1: Suppose the minting cost for each YooShi Friends NFT is $20. You put the Fragment NFTs into “Foundry” and the total “Energy Value” reaches 300, you can get 3 YooShi Friends NFTs and pay $60 as minting cost.
If the total “Energy Value” of Fragment NFTs you put in the “Foundry” is not an integral multiple of 100, the extra “Energy Value” will be wasted.
Example 2: Suppose the minting cost for each YooShi Friends NFT is $20. You put the Fragment NFTs into “Foundry” and the total “Energy Value” reaches 380, you can get 3 YooShi Friends NFTs and pay $60 as minting cost. The extra 80 “Energy Value” will be wasted.
SHIB ARMY NFT Minting
SHIB ARMY NFT, the first type of YooShi Friends Fragment NFT, can be used to mint YooShi Friends: SHIB NFT. SHIB NFT can be staked to farm $YOOSHI.
The “HashRate” of SHIB NFT is 120, a total of 1,000 SHIB NFT can be minted. First come, first served!
YooShi Family NFT and YooShi Friend NFT is coming! Stay tuned!
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