HONOR Staking (nsHONOR)

The HONOR Staking system allows players to lock their HONOR tokens and receive nsHONOR (Neverland Staked HONOR) in return. Staking HONOR provides multiple benefits: earning rewards from the Community Treasury and gaining voting power in governance decisions.

🔒 How Staking Works

Locking HONOR

1. Lock Your HONOR: Choose an amount of HONOR to lock and a lock duration
2. Receive nsHONOR: You receive nsHONOR tokens proportional to:
   • The amount of HONOR locked
   • The lock duration (longer locks = more nsHONOR)
3. Earn Rewards: Your nsHONOR entitles you to a share of rewards from the Community Treasury
4. Unlock: After the lock period expires, you can unlock your HONOR (nsHONOR is burned)

nsHONOR (Neverland Staked HONOR)

nsHONOR is the staking receipt token you receive when you lock HONOR:

• Non-transferable: nsHONOR cannot be transferred or traded
• Proportional to Lock: Amount of nsHONOR depends on lock amount and duration
• Reward Entitlement: Determines your share of treasury rewards
• Voting Power: Used for governance voting (longer locks = higher voting power)

💰 Reward Distribution

How Rewards Work

The Community Treasury distributes HONOR rewards to all nsHONOR holders based on:

1. Your Locked Amount: More HONOR locked = larger reward share
2. Lock Duration: Longer lock periods receive higher reward multipliers
3. Total Locked Supply: Your share is proportional to total HONOR locked by all stakers

Reward Calculation

Your Reward Share = (Your nsHONOR / Total nsHONOR) × Treasury Reward Pool

Longer lock durations grant higher multipliers, meaning:

• Short lock (e.g., 1 month): Base multiplier
• Medium lock (e.g., 6 months): Higher multiplier
• Long lock (e.g., 12+ months): Maximum multiplier

🎯 Benefits of Staking

1. Passive Income

• Earn HONOR rewards from the Community Treasury
• Rewards distributed regularly based on treasury balance
• No active gameplay required

2. Governance Participation

• nsHONOR holders can vote on treasury proposals
• Longer locks grant higher voting power
• Influence the game's economic direction

3. Long-Term Commitment Rewards

• The system rewards long-term committed players
• Longer lock periods = higher rewards and voting power
• Aligns incentives with project sustainability

⚠️ Important Considerations

Lock Period

• Fixed Duration: Once you lock HONOR, you must wait until the lock period expires
• No Early Unlock: HONOR cannot be unlocked before the lock period ends
• Plan Accordingly: Choose lock duration based on your commitment level

Risk Factors

• Treasury Balance: Rewards depend on treasury having sufficient funds
• Lock Commitment: Your HONOR is locked and unavailable during the lock period
• Market Conditions: HONOR value may fluctuate during lock period

🔄 Unlocking Process

When your lock period expires:

1. Unlock Request: Initiate unlock transaction
2. nsHONOR Burned: Your nsHONOR tokens are permanently burned
3. HONOR Returned: Your original HONOR amount is returned to your wallet
4. Final Rewards: Any remaining rewards can be claimed

Strategy

Consider longer lock periods if you're committed to the project long-term. Longer locks provide:

• Higher reward multipliers
• Greater voting power in governance
• Stronger alignment with project success

📊 Staking vs. Playing

Aspect	Staking	Playing in Valley
Requirement	Lock HONOR	Deploy heroes to Valley
Reward Source	Community Treasury	Valley rewards (minted)
Risk	Lock period commitment	Hero deployment risk
Active/Passive	Passive income	Active gameplay
Governance	Voting power	No voting power
Flexibility	Fixed lock period	Can exit anytime

Both systems complement each other:

• Staking: For long-term holders who want passive income and governance rights
• Valley: For active players who want to earn through gameplay

🔮 Future Features

• Flexible Staking: Multiple lock duration options
• Staking Pools: Different pools with varying reward rates
• Compound Rewards: Auto-compound staking rewards
• Staking Analytics: Dashboard to track rewards and voting power