# Earning $NIFTY

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**GOOD NEWS:** You no longer need an adapter to stake a NiftyRecord for $NIFTY.
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The only way to make $NIFTY is by staking a NiftyRecord. $NIFTY is not earned directly from the record, but rather from the total combined score of the NiftyPoints of each trait. The amount of $NIFTY you earn daily is based on a weighted average of all the NiftyPoints totaled from all the NiftyRecords in the collection. 

{% hint style="info" %}
**Example**

If you have one record with a NiftyPoint total of 50 and the NiftyPoint total of all the records in the collection is 100,000 - that would mean you have 0.05% (50/100,000) of the total NiftyPoints in the entire NiftyRecord collection.

If the total $NIFTY supplied daily is 100,000 $NIFTY. Then you would get a total of 50 $NIFTY(100,000\*0.005) dropped into your wallet that day. 
{% endhint %}

### Why use a weighted average to distribute $NIFTY?

We notice that most projects struggle to keep a consistent daily supply of their coin. This method ensures we maintain a consistent supply being distributed every day. This helps regulate the price of $NIFTY and ensures there are no spikes in supply. With our LootCrate trait upgrade system, it may cause irregularities in supply distribution but using a weighted average offers plenty of flexibility with trait upgrades.

In order to avoid monopolies within the NiftyRecords staking ecosystem, all NiftyRecord holders will be capped at earning a maximum of 0.1% of the daily $NIFTY drop. The remaining $NIFTY not distributed to a specific holder (who is earnings capped) will be distributed evenly across the remaining holders.

### How do I know my daily $NIFTY earning potential?

There will be a dynamic % that indicates how much $NIFTY you will earn at a given time of day. This value will dynamically change in real-time depending on when people open their LootCrates and improve traits. If NiftyRecord holders neglect to purchase LootCrates or expand their collection, their daily % of their $NIFTY yield will gradually decrease. 

Therefore, they are incentivized to improve their trait scores often to ensure they can maintain a higher % of the total NiftyPoint total - equating to a higher yield of daily $NIFTY. 

{% hint style="info" %}
**How do you increase your NiftyPoint total quickly?** 

1. Buying an upgraded or high rarity NiftyRecord from a secondary marketplace
2. Buy $NIFTY directly from the exchange (DEX) and buy high rarity LootCrates to upgrade your NiftyRecord traits faster
   {% endhint %}


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