Your VIP tier is determined by the amount of $FLC tokens you have staked in your Flooring Account. Stake the minimum amount of $FLC required for your desired tier.
Higher tiers unlock more exclusive features, higher rewards multipliers, longer allowable Safebox locking durations, and much more.
Yes, if your staked $FLC amount decreases significantly below the requirement for your tier, your benefits will reduce proportionally. Maintain your tier balance.
Higher tiers allow you to lock your NFTs in Safeboxes for longer durations when you create or renew them. This provides more flexibility.
You receive a discount percentage on the standard $FLC staking requirements for creating or renewing Safeboxes based on your tier.
This allows you to waive up to the listed amount in $FLC fees if you redeem an NFT by burning μ-Tokens when the Reserve Ratio is low.