Question 1

What are the benefits of holding a Giraffies NFT?

Accepted Answer

Owning a Giraffies NFT grants you several exclusive Loculus platform benefits, whether you choose to stake it or just hold it in your wallet. Early access: Be among the first to access the Loculus platform. Discounted fees: Unlock reduced platform fees based on how many Giraffies NFTs you hold. The fee discount increases step by step up to 10 NFTs, with wallets holding 10 or more Giraffies eligible for 0% platform fees. Points multiplier: Receive a boost multiplier for your Loculus points while using the platform. $LCLS community allocation: Giraffies holders are guaranteed in the planned $LCLS community allocation, with final criteria to be announced by Loculus.

Question 2

Why should I stake my NFT?

Accepted Answer

Holding the NFT connects your wallet to the planned $LCLS community allocation, while staking your NFT is designed to strengthen your allocation profile. The smart contract tracks exactly how long your NFT has been staked, and longer total staked time increases your $LCLS community allocation weight.

Question 3

What happens if I stake multiple NFTs at the same time?

Accepted Answer

If you stake multiple NFTs, your staked time becomes cumulative, giving you a stronger allocation profile for future $LCLS community allocation opportunities. Your total staking signal is calculated by summing the time each NFT has been staked. Example: If you stake NFT A for 2 days and NFT B for 4 days, your total staked time is calculated as 6 days. This combined total contributes to your $LCLS community allocation weight.

Question 4

What happens if I unstake one of my NFTs?

Accepted Answer

If you unstake an NFT, you instantly lose all accumulated staking time associated with that specific NFT. Your total staked time decreases accordingly. Example: If NFT A has 2 days staked and NFT B has 4 days staked, your total is 6 days. If you unstake NFT B, you lose its 4 days of progress and your total staked time drops to 2 days.

Question 5

If I unstake my NFT and then stake it again later, do I get my time back?

Accepted Answer

No. Once an NFT is unstaked, its timestamp is completely wiped from the contract. If you re-stake that same NFT later, its staked time starts again from 0 days.

Stake your Giraffies

Available to stake

Currently staked

Staking & Utility FAQs

Stake your Giraffies

Available to stake

Currently staked

Staking & Utility FAQs