🔢The PSTG points system

The PSTG points system is designed to encourage people to buy and hold our NFTs via gamified, non-custodial staking that leads to earning tangible, real world value (discussed earlier), not an inflationary token reward. Our holders can earn $ADA, and many other benefits.

Through gamification and rewards, the system aims to make it advantageous for owners to hold their NFTs in most cases. This strategic approach is intended to drive an increase in the floor price by reducing the available supply. The gamification aspect not only enhances user engagement but also stimulates demand, further contributing to an upward push on the floor price. Importantly, the system is designed to achieve these objectives without causing detrimental feedback loops that could harm the ecosystem in the medium to long term.

PSTG is an off-chain points system because there is no logical reason to put it on chain and incur txn fees and add unnecessary load to the chain. It’s non-tradeable. Its major function is to determine which holders should get the best benefits in our ecosystem. It functions better off-chain.

Users who register at the Bank of Moonstone can begin earning PSTG for all the Stag Alliance NFTs and Portal Pass NFTs in their wallet. If you purchase a new eligible NFT, it can begin earning PSTG automatically. ** Note that we may change the staking design over time to improve it for our holders.