TheLandSafe Proposals

Hytopia (formerly known as NFT Worlds) has been making impressive moves pertaining to his Gaming and Staking system. We currently own several Hytopia worlds, operate 8 Hychain Nodes, and have accrued almost 400,000 $Topia therefrom.

They recently introduced a Liquidity Pair Staking opportunity where we would have to stake both $Topia and $Eth of equal value. I’d like to point out that there is a risk of Impermanent Loss associated with Liquidity Pools and we would be exposed to it.

What is Impermanent Loss? Essentially, the Liquidity Pool would have to redistribute value depending on the growing or shrinking value of both coins. If $Eth were to skyrocket then the Pair would experience a loss in value of the $Topia to compensate. Having said that, As both Coins are participating in this Bull run I expect there to be minimal Impermanent Loss.

Now to the good part; Here are the Staking rewards and Tiers

Lockup Duration Lockup Multiplier 30 Days 1x 60 Days 2x 90 Days 3x 180 Days 6x 360 Days 12x 720 Days 24 *Basically doubles your $Topia every 30 days **Early unstaking results in 100% loss of rewards

After discussing this proposal in Chat the idea of locking up Eth and Topia for extended periods would limit our ability to take profits through the bull market so I’d like to propose an initial staking period of 3 months.

This would result in rewards of 1,125,000 $Topia worth $21,768.75 USD at the coin’s current value.