NPICK Staking

SNS platforms and affiliates wishing to participate in NPICKBLOCK must deposit NPICK coins through NPICK Staking. Unlike other De-fi systems based on interest income from deposits, NPICK Staking is intended for platform participation in service, promotion, and sales activities on the NPICKBLOCK platform.

NPICK Staking provides a means for each SNS platform to reward users for their activities by issuing NPICKBLOCK's SNS platform tokens and is a form of deposit for consumer protection and compensation in the event of defects or problems with the products and services of the SNS platform and affiliates.

NPICK Staking automatically determines the default and lower limit quantities based on logic, depending on the size of the transaction and the market price of the NPICK token. If the amount of NPICK Staking deposits decreases due to NPICKBLOCK fees and rewards to creators and users, or if the amount of NPICK Staking defaults increases due to the size of SNS platforms and affiliates, SNS platforms and affiliates should purchase NPICK tokens from the crypto exchange regularly or at every occurrence. Therefore, as the SNS platform is activated and grown, the value of the NPICK token continues to increase.