Non-LAND Owners Staking Pool in The Sandbox
The Sandbox operates two main SAND staking pools on the Polygon network:
- LAND Owners Staking Pool: Exclusively for LAND NFT holders (they can stake up to 2,000 SAND per LAND asset).
- Non-LAND Owners Staking Pool: Open to all SAND tokenholders, including those who do not own any LAND in The Sandbox metaverse. LAND owners can also participate in this pool, and they receive a multiplier on their rewards based on how many LANDs they own1234.
Key Details about the Non-LAND Owners Staking Pool
- Any SAND holder can participate—no LAND ownership is required.
- It is separate from the LAND owner staking cap.
- LAND owners receive a boosted reward rate (multiplier) if they participate due to their LAND holdings1234.
- Staking occurs on the Polygon network, supporting cheaper and faster transactions12.
- The reward pool (distributed between pools) is typically announced by The Sandbox team, and there can be periodic changes in total SAND distributed or reward multipliers3.
Recent Activity & Metrics
- As of Q4 2023, 74.8 million SAND was staked in the non-LAND owners pool, showing slight growth quarter-over-quarter1.
- Over 2023, both the total SAND staked and the proportion of circulating supply staked in both pools gradually declined, finishing the year below 5% staked5.
- Staking rewards also decreased significantly in late 2023, reflecting a more conservative distribution of SAND rewards over time1.
- By Q3 2024, non-LAND owner staking had fallen 5.6% quarter-over-quarter, mirroring broader market and platform trends2.
Purpose in the Ecosystem
- The non-LAND owners staking pool provides an access point for any SAND holder to earn passive staking rewards, thereby increasing engagement and utility for the SAND token—even for those who do not participate in the metaverse’s real estate aspect.
- It also serves to increase SAND token loyalty and supplies potential liquidity to the ecosystem.
In summary: The non-LAND owners staking pool in The Sandbox is accessible to any SAND tokenholder, allowing participation in SAND reward distribution without the need for virtual land ownership, but with special reward multipliers for LAND holders
1234.
No current TVL or explicit yield figures are available for this pool for the most recent period, but historical levels and general trends are covered above.