Loot Rift

How it works

Every week, a set of winners is drawn from all eligible participants. Your win chance is determined by two equal factors — how much you stake in the StropeVerse degen, and how many NFTs you hold across the supported collections. Each factor contributes 50% to your total win chance. Staking is required to participate — token holders who do not meet the minimum stake threshold are not eligible.

Stake ENJ in the StropeVerse degen to participate — via nft.io or directly through the Enjin Wallet. A minimum stake of 50% of the median stake is required to be eligible. Your share of the staking pool determines your contribution to the 50% staking weight — the more you stake relative to others, the higher your chance.

Each token you hold earns flat points. Points per token are determined by two factors: the size of the collection and the total ENJ infused into it.

Winners are drawn every Monday based on the previous week's staking and token holdings. The draw is weighted — a higher win chance means a greater probability of being selected, but does not guarantee a win.

Loot Rift rewards are community rewards — assets usable in games and projects across the Enjin ecosystem. This is the first phase of Loot Rift, not the final vision.

As the staker base grows, rewards will evolve into something more StropeVerse-native. Future exclusive rewards will include ChainSpirits and other assets unique to the StropeVerse ecosystem.

Fair play. To keep the Loot Rift fair for everyone, the minimum stake threshold may be adjusted over time. This is to prevent duplicate wallets staking the bare minimum just to qualify. We want every participant to have a genuine stake in the community.