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Wheels Staking:
We are excited to announce that we will be releasing the first version of our long anticipated Wheels Staking System with the release of MIW.
In order to compete, Wheels holders will be required to 'stake' their Wheels NFT and in exchange, will be loaned a finely-tuned high performance vehicle from 9LIVEZ—one of the first racing clubs in Wiami.
Racing against similar vehicles ensures that competition in our first season is fair, gameplay is balanced and that rewards are based on skill.
In the future, we plan to introduce gameplay mechanics that enable Wilders to upgrade and tune their own vehicles, greatly enhancing how players compete, strategize, and collaborate in the Wheels industry economy.
The Wheels Industry system is an economy that rewards members of the Wheels economy. Rewards for Season 0 will be distributed as follows:
💠 30% of the available daily rewards will be automatically sent to the Wheels staking contract:
- 10% will accrue to the Wheels DAO Industry Treasury
- 20% will be issued to any Wheels holders staked in the protocol. As originally promised, Wheels Hideout owners will receive a 2x staking reward compared to other Wheels holders.
💠 The remaining 70% of rewards will be dispersed based on the competitive mechanics of Season 0.
Rewards will change between seasons, keeping competition, gameplay dynamic and fun. In the future we plan to offer more staking functionality, such as having the ability to rent your vehicle in exchange for a percentage of a borrower’s earnings (basically, GameFi meets DeFi).
The Wheels staking and industry economy is built on ZXP (Zero Experience Protocol) and developed by our sister company ZERO. ZXP enables games and applications to build intelligent gameplay, reputation, and rewards systems that are fully on-chain.

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