Squeeks
Squeeks are the 9,999 Genesis NFTs of Squeekchain. Each has a level; deposited in Staking, its power earns you $SQK.
TL;DR
- Squeeks are Squeekchain's 9,999 Genesis NFTs. Each has a level, which sets its base power.
- Squeeks are the main source of power in Staking, and they multiply the power of any $SQK you stake.
- Rewards collect in Staking until you claim them.
- Merging two same-level Squeeks makes one a level higher.
What's a Squeek?
A Squeek is an NFT that starts at Level 1. Merging two Squeeks of the same level burns one and raises the other a level. Each level has 2.2 times the base power of the one below, so the merged Squeek has 10% more power than the pair; Power shows how this compounds.
Stake a Squeek to earn with it. Squeeks are the main source of power in Staking, and each one also multiplies the power of any $SQK you stake. Rewards collect in Staking until you claim them.
In this section
- How Squeeks earn — How deposited Squeeks add power and how each block's $SQK reaches you.
- Power — Levels, base power, the $SQK boost and merge cooldowns.
- Getting a Squeek — How many Squeeks there are, how the collection is split, and buying one from another owner.
- Ownership and transfers — What moves with a Squeek when it changes hands, and what stays with you.
- Merging Squeeks — Turn two Squeeks into one at a higher level, in your wallet or while deposited.
What you can do with a Squeek
| Action | Effect |
|---|---|
| Get | Receive a Squeek in your wallet; Getting a Squeek covers how |
| Deposit | Moves the Squeek into Staking and adds its power immediately |
| Withdraw | Returns the Squeek to your wallet and removes its power; your claimable rewards stay in Staking |
| Merge | Turns two same-level Squeeks into one a level higher, in your wallet or while deposited |
| Claim rewards | Pays your claimable rewards to your wallet or claim recipient |
| Transfer | Moves a Squeek in your wallet, with its level and cooldown, to a new owner; rewards stay in Staking |