Earnings

Learn how holders can earn $LX.

Summary

There are multiple different ways to earn money in the LatinX Metaverse. Each method involves blockchain technology to passively earn $LX after investing in the LatinX ecosystem in some way. Ultimately every avenue to earn income funnels back to LX Coin, which can be converted on PancakeSwap and other future exchanges for BNB (a crypto currency). BNB can then be converted into any other crypto or fiat currency and withdrawn to a bank account.

Stake LX Coin

Players are able to stake their LX Coin to earn up to 10% APR passively. After staking, the holder can withdraw at any point in time but will be automatically fined at a rate of 25%. If the holder chooses to wait the entire staking period (between 30 and 365 days), they are able to claim their tokens + the rewards via the official LX staking platform.

Earn Passively

1% of all transaction fees will be evenly redistributed to all current holders of LX Coin based on the percentage of total supply an individual wallet holds. Holders will receive $LX on a daily basis passively, directly to their wallet simply for holding the token.

Stake LX NFTs

Holders of LatinX NFTs have the ability to stake their NFT(s) in order to earn $LX. Holders will have the option to stake between 30 days and 365 days, without the ability to unstake until the specified period ends. Staked NFTs can earn up to 10% APR depending on the length of the staking period.

Earn Tips

When staking an NFT, the holder also has the option to assign their NFT stripper to a pole in the LatinX Metaverse Strip Cub. Their stripper will then dance for a select period of time, and receive tips from players in-game in the form of LXD (which can be redeemed for $LX).

Holders also have the option to choose "Roam", which assigns their stripper to the club to freely walk around allowing players to request a private session. Each private session will cost a specific amount of LXD, which is directly sent to the NFT owner.