Passive QUID Earning Explained
Last updated
Last updated
This page outlines the Land NFT reward rates for owning Land and Planets. All discovered Land NFTs are eligible to earn passive QUID rewards that can be claimed through the Space Tokens Game. The rewards are tied to the NFT assets themselves so you will need to have the NFT in your wallet in order to claim the rewards.
QUID rewards are shared between the Planet and a discovered Land using a 10% to 90% share respectively. If you own both the parent Planet and a discovered Land, then you can claim 100% of the QUID rewards for that land. Only discovered Lands earn rewards so make sure to launch those survey missions to start earning!
The following table outlines the quid earnings that each discovered land generates per day based on its planet class. Land from each planet class has different earning rates to account for their different purchase prices.
As soon as a Land NFT is minted, it will start earning QUID rewards. The Space Tokens Claims System keeps track of all minted NFTs and their assigned rewards. Any claimable rewards will be visible within the game client on each asset, as well as a total claimable amount. You will be able to claim rewards on individual assets, but also on groups of assets. This will introduce some interesting economics when you go to sell a Space Tokens NFT because there may be claimable rewards associated with that NFT. The Space Tokens Marketplace (launching 2022) will lock NFTs that go up for sale so that the claimable rewards are ensured to go with the sold asset.
Claiming rewards will be possible by using the Space Tokens Wallet. The game UI will show you how much QUID you currently can claim, and show you your estimated QUID earnings per day. There is a minimum claim of at least 1 QUID.
Planets and Land split the QUID earnings generated by land. Land get 90% of the rewards and Planets get 10%. You can earn the full 100% if you own a planet NFT and the discovered land NFT from that planet. Just to re-iterate, even if you sell off all the land from your planet, you will still be able to claim 10% of the QUID earned from each discovered land NFT.
This table shows the claimable reward rates for planets for each discovered land.
This table shows the claimable reward rates for each discovered land NFT.
Example 1: You own a Terran sized Jungle Planet which has 6 discovered Lands, which you own all of. Earnings: 6 x 0.075Q + 6 x 0.675Q = 4.5Q per Day.
Example 2: You own a Neptunian Glass Planet that has 2 discovered Lands, but you do not own them. Earnings: 2 x 0.15Q + 0 x 1.35Q = 0.30Q per Day.
Example 3: You own an Atomic Jovian Planet that has 7 discovered Lands, which you own 3 of. Earnings: 7 x 0.25Q + 3 x 2.25Q = 8.5Q per Day.
Example 4: You own 2 Land from a Terran Rogue planet that you do not own. Earnings: 0 x 0.25Q + 2 x 2.25Q = 4.5Q per Day.
