When will Pioneer NFT be unlocked?

If you stake your Pioneer NFT, the rewards are paid in a locked state, and the locked rewards become unlocked according to the total sales.

This is calculated using a ‘Linear Reduction Model Formula’ below. 

All purchased Pioneer NFTs are given a serial number in the order that they were purchased. So for example #0001, #0002, #0003, etc. This means that a certain serial number must be sold in order for your rewards to be unlocked. The number of NFTs that need to be sold for an ‘unlock’ decreases as the number of PNFTs are sold.

• “Linear Reduction Model” formula 

  • id <= 29999 * (last_id - 5001) / 24999 + 1
    
    

• Applying this formula, the ISK rewards received for your PNFT will be unlocked as below:

  • The ISK reward for #1 PNFT will become unlocked when #5001 PNFT is sold (+5000)

  • The ISK reward for #4000 PNFT will become unlocked when #8334 PNFT is sold (+4334)

  • The ISK reward for #10,000 PNFT will become unlocked when #13334 PNFT is sold (+3334)

  • The ISK reward for #15,000 PNFT will become unlocked when #17501 PNFT is sold (+2501)

  • The ISK reward for #20,000 PNFT will become unlocked when #21667 PNFT is sold (+1667)

  • The ISK reward for #25,000 PNFT will become unlocked when #25834 PNFT is sold (+834)

Please visit Iskra News to find out more information about Pioneer rewards and locking mechanism.