While browsing Rising Star Game, I discovered a new feature in the game, Record Staking. It has been around for several years, but I had never researched it until now. In this post, I will talk a little about what Record Staking is and what you can earn from it.
To access Record Staking, you just need to go to the card images in the upper corner of the game and click on the Record Staking option, which is in the fifth position. After that, this screen will appear:
I don't have full knowledge of how this feature works because I'm still testing it, so I will explain what I understand about it.
In Record Staking, you will stake your STARBITS and whenever a song (NFT) is sold, you will receive a certain amount of STARBITS based on your participation in the pool. Remember that you only receive STARBITS if you have STARBITS staked in the pool of the NFT that was sold. An example would be the NFT Ivo Orellana - Carmesi. If you have STARBITS staked in its pool and this NFT is sold, you will earn STARBITS according to your participation in the pool.
How do the rewards work?
A musician spends 125,000 STARBITS to mint 25 NFTS. Of these 125,000 STARBITS, 25,000 are burned and 100,000 are added to the reward pool. So from what I understand, if there are 25 NFTS and 100,000 STARBITS reward, this means that for each NFT sold, investors in that pool will receive 4,000 STARBITS that will be distributed among them. But this is just what I understand about Record Staking. When any NFT in which I am participating in the pool is sold, I will update you if this is really how it works.
To start, I decided to invest 200,000 STARBITS in 10 different NFTs, thus increasing my chances of receiving STARBITS since I will be participating in more pools and everything will depend on which NFT the player will buy, so participating in several pools increases your chances of earning STARBITS.
- An important detail is that after staking the STARBITS, it takes 3 days to unstake them.
The NFT pools that I chose to stake my STARBITS were: Ivo Orellana - Carmesi, Ivo Orellana - Gotas de Sol, Ivo Orellana - Miel, Yon Yonsson - Spring, PZZL - Fear Inside, BeaTraxx - Halloween Collection Volume 2, Raven - Uncanny Valley, Billy Korg - Rave Army, Billy Korg and JosMan831 - Ravers Want Rock and Roll, Raven - Robot Dance, Stick Up Boys - The Only Way.
In the image above I was still putting the STARBITS in the pool while writing this post, I will put the rest now and as soon as any of the NFTS are sold I will update you on the earnings.
For more details about Record Staking you can see the official Rising Star Game post: Rising Star Angels Tutorial for Players & Musicians - Video & Text, that's where I got the information from.