To earn BANANA, Monkeys will need to be Staked. Each of the 2500 Monkey’s will earn BANANA at a certain Banana Generation Rate (BGR). This will be based on the total of the following:
Baseline BGR: 2 BANANA gained every 24 hours, assuming 144 blocks per day (all Monkeys have the baseline BGR rate)
Bonus BGR: A bonus percentage on top of the baseline BGR will be applicable to certain Monkey traits. With BANANA as our backbone utility token for the ecosystem, there are still plenty of treasures in The Jungle to uncover with Bitcoin Monkeys! And so, the legend of the Monkeys continues…
Staking/unstaking will cost a small fee of 5 STX per Monkey. This is for a number of reasons:
However there will be no fee for unstaking your Monkeys if they are staked until all 1 million BANANA's have been depleted! Hence, rewarding you for holding and staking your Monkeys!