Aerovek Staking Agency announces the launch of phase 2, an introduction to the first dual token rewards system.

Aerovek Aviation and Gnogen Studios alike have constantly been searching for ways to push the boundaries and think outside the box. In this spirit, we are thrilled to introduce the Aerovek Staking Agency (ASA); A new partnership between Aerovek Aviation and Gnogen Studios.

Our new, innovative staking pool aims to enhance the current benefits for delegators on the Elrond Network. Those who choose to stake with ASA will receive AERO tokens and exclusive Gnogen NFTs — in addition to the already lucrative EGLD rewards we have all come to know and love.

We believe this greatly incentivizes the way delegators are currently receiving rewards and will further drive the innovation in the space and create opportunities for businesses looking to expand into blockchain technology as a secondary revenue stream.

Phase 1:

After our first node went live, we were astonished by the amazing response of the passionate Elrond Community. The pool was at 99% capacity within the first 24 hours of release.

Due to the pool filling up so quickly, the Aerovek and Gnogen teams have withdrawn all personal and business funds to create more space for the community. We want to give this opportunity to as many people as possible.

With that said, a primary objective of ours is to maintain a very competitive EGLD rewards APR for our delegators. ASA will have more nodes ready to become active in the Elrond Delegation Queue in the coming months as more spots become available, and with those increased nodes, the APR should improve for all delegators. Limited space will become available for those waiting on October 14th, 2021, from the funds un-delegated by the teams. Currently, the pool has a maximum capacity of 6,000 EGLD.

Phase 2:

The Dual-Token Rewards System launches on October 15th, 2021. It will offer delegators Aerovek’s native token $AERO, as a secondary reward to run concurrently with standard EGLD rewards. Having secondary and tertiary staking rewards the way ASA is offering them, is a first in the industry for Proof of Stake. We have built a robust and competitive rewards model to compliment the best in class staking offered by the Elrond Network.

As a delegator, you will receive rewards at a ratio of 15:1. Meaning for every 1 EGLD a delegator earns in rewards, you will also receive 15 AERO tokens. We believe this will not only incentivize users to stake EGLD with the Aerovek Staking Agency, but perhaps also bring positive changes to the existing ways delegators are being rewarded.

(Phase 2 will also increase the maximum capacity of the pool to 7,000 EGLD, allowing for more members to join.)

Phase 3:

In addition to our Dual-Token Rewards System, Gnogen Studios will be issuing Aerovek exclusive NFTs to delegators from Gnogen Studios. These rare NFTs will not be sold by Gnogen and can only be obtained via staking in our pools.

As the NFT market continues its meteoric rise in valuation and adoption, we are proud to partner with Gnogen, and are excited to see what type of amazing NFTs their team will craft. The NFTs being revealed by Gnogen are of the highest quality, but they also tell amazing stories that we cannot wait to share with the community!

Gnogen will release a Aerovek x Gnogen comic mini-series in their unique comic style that is starting to make some noise within the Elrond NFT community. In order to help bootstrap this new partnership, they are hard at work to produce the highest quality of NFTs to be issued as rewards, exclusively to delegators of the Aerovek Staking Pool. There is no release date set as of now for the NFTs but stay tuned to upcoming announcements — they are coming soon.

About Aerovek

https://aerovek.com

Aerovek Aviation is a social-economic platform built from the ground up to offer an inclusive environment for aviation professionals and enthusiasts. Aerovek offers a wide variety of features from its first in the industry ESDT token wallet, Aviation marketplace and On-Demand flights similar to what Uber has done for vehicle transportation. The aviation community can engage in the “Lounge” which is a Twitter style social community built around the passion for all things aviation and plans to launch its token (AERO) on the Maiar Exchange in the coming months.

About Gnogen

Gnogen Studios is a response to the empty void found in today’s comic book industry. With big-name companies such as Marvel and DC dominating the landscape for the last 30 years, we felt the same characters were getting recycled and rebranded over and over again. Another concern we feel is found within the NFT industry itself. Many NFT creators are focusing on tokenomics and cash grabs, without building the robust storyline necessary to maintain multiyear staying power. Here today, and gone tomorrow, is what is happening to 99% of all NFT projects being released today. Gnogen intends to take the road less traveled. Instead of seeking profits early only to run out of fuel, we will instead focus all our efforts on building up a vibrant universe, brick by brick, story by story. In the same way industry titans that came before paved the way many decades ago, Gnogen intends to draw the dormant but passionate comic book collector into our universe, by offering a product that many brands are choosing to ignore: falling in love with a brand’s universe. Oh, and by the way, every NFT and every Smart Contract we release will exclusively be found on the Elrond Network Blockchain, forever.

About Elrond

https://www.elrond.com

Elrond is a new blockchain architecture, designed from scratch to bring a 1,000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

Aerovek Aviation is a web portal for Aviation Pilots, Mechanics and Enthusiast to charter flights, market their services and socialize all in one place.