How Long Should We Stake our NT Citizens and $BYTES for?

$BYTES 1.0 S1 Yield and Claiming originally stopped on August 10th, 2022. As holders of Neo Tokyo assets, we are excited to share the news that Neo Tokyo has recently upgraded from $BYTES 1.0 to $BYTES 2.0. With this upgrade, Neo Tokyo has introduced staking and reactivated the $BYTES yield. This means that by staking our Neo Tokyo Citizens and $BYTES tokens, we can earn our share of the daily $BYTES yield pool. The staking duration will influence the size of our stake and the lockup period.

We currently have 5 Neo Tokyo S1 Citizens and 2,832 $BYTES: https://opensea.io/0x5A6792381ab5e3Bf3ED610B88c46A10f4364cF33

Full breakdown of how staking works for Neo Tokyo: https://docs.google.com/document/d/1XJjFP350JSSEhdbiLUp3A9fKPIDvIbZEM38KLF4p5Ww/edit?pli=1

Please read the linked document to better understand how staking works. Your participation is crucial in determining how we maximize the benefits and rewards for our community.

Consider the potential benefits and risks associated with each staking duration before making your decision. Longer lockup periods offer higher multipliers, which result in a much larger stake from the daily $BYTES yield pool. However, it also means a longer commitment and reduced liquidity for the staked assets.

Hard to predict the exact # of $BYTES we will yield since it depends on several factors and will change over time, but you can use this calculator to give you a rough idea based on the different factors: https://docs.google.com/spreadsheets/d/19HHbwh770TjYCwRU-LxlR-PhY8iX2oAEq1WC4B2wvUQ/edit#gid=1963820979

How Long Should We Stake our 5 Neo Tokyo Citizens and 2,832 $BYTES for?

1. 24 months (3x)
2. 12 months (2x)
3. 6 months (1.5x)
4. 3 months (1.25x)
5. 1 month (1x)

The Points Yield & Vault Multipliers of our 5 NT Citizens: