# Staking & APY

Although [Project \[RE\]dacted](/limau-whitepaper/limau-introduction/nft-collections/project-re-dacted.md) is a standalone NFT collection with its own unique art style and lore, it is part of Limau's larger vision and roadmap. 

[Project \[RE\]dacted](/limau-whitepaper/limau-introduction/nft-collections/project-re-dacted.md) NFT holders are not just owners of an artwork - they are also shareholders of the web 2 business it represents and therefore entitled to the business profits. (refer [Phase 1: Genesis Collection](/limau-whitepaper/limau-introduction/roadmap-overview/phase-1-genesis-collection.md) for more information).

Based on the current progress of the web 2 business represented, the Limau team is confident in guaranteeing a *minimum* of ~~12% APY across 3 years (total 36% APY)~~ **see below for revised staking APY**. For clarity, the APY is calculated based on the NFT mint price, and is paid out in USDT to ensure price stability. 

<details>

<summary>Staking APY Revision (as of 24 March 2023)</summary>

1. Base APY payout have been revised from 12% per year for 3 years, to 18% per year for 2 years (the total payout remains at 36%)
2. APY calculations will be based on 0.25ETH (equals $403 USDT, based on $1612/ETH on 3rd March 2023 mint date)
3. Dynamic tiered staking APY introduced, based on amount of \[RE]dacted NFTs held per wallet:
   * Hold 1 \[RE]dacted NFT = 18.00% APY
   * Hold 3 \[RE]dacted NFT = 19.50% APY&#x20;
   * Hold 5 \[RE]dacted NFT = 21.00% APY&#x20;
   * Hold 10 \[RE]dacted NFT = 24.75% APY&#x20;
   * Hold 20 \[RE]dacted NFT = 32.50% APY&#x20;
   * Hold 30 \[RE]dacted NFT= 40.00% APY

</details>

To access the profits generated, NFT holders will be required to stake their NFTs and acquire USDT-based APY. To begin accruing the APY, NFTs must be staked for a minimum of 24 hours. The APY will be paid out once a day at 12AM GMT (UTC +0), and holders are free to harvest the APY accumulated or unstake their NFTs for sale or transfer at any time.

In [Phase 2: Utility Building](/limau-whitepaper/limau-introduction/roadmap-overview/phase-2-utility-building.md), NFT holders will also receive additional Limau tokens alongside the USDT-based APY.


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