> For the complete documentation index, see [llms.txt](https://ctnc.gitbook.io/ctnc-crypto-tiger-node-club/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ctnc.gitbook.io/ctnc-crypto-tiger-node-club/introduction/how-does-the-ctnc-work.md).

# How does the CTNC work?

## Mint NFT(Crypto Tiger)

Mint Date will be announced through social platform.

\- Connect your wallet to our [dApp](https://app.cryptotigernode.club/)

\- Head over “My Tigers” page and hit “Mint” button.

\- Submit Mint transaction.

## Stake CARAMEL on NFT

### CASE 1: NFT HOLDER

\- Buy $CML

\- Connect your wallet to our [dApp](https://app.cryptotigernode.club/)

\- Head over “My NFTs” page and hit “Stake” button on your NFT widget.

\- Enter the amount to stake and submit Stake transaction.

### CASE 2: NEW NFT SUPPORTER

\- Buy $CML

\- Connect your wallet to our [dApp](https://app.cryptotigernode.club/)

\- Head over “Gallery” page and search an NFT

\- Select an NFT and hit "Stake" button on the NFT widget.

\- Enter the amount to stake and submit Stake transaction.

### CASE 3: EXISTING NFT SUPPORTER

\- Buy $CML

\- Connect your wallet to our [dApp](https://app.cryptotigernode.club/)

\- Head over “My NFTs” page and hit “Stake” button on your NFT widget.

\- Enter the amount to stake and submit Stake transaction.

**When a NFT holder & supporter staked $CML, the tokens are burned and rewards calculation of the NFT starts work. When claiming, NFT mints new tokens to the holder & supporter for rewards.**

## Reward Rate

NFT Rewards are distributed every 24 hours, and you may claim your rewards in CARAMEL tokens($CML) or USDT from our [dApp](https://app.cryptotigernode.club/).

The amount of Daily Rewards is about 3%.

#### When only compound for a year

`X: Daily Rewards = 3%`

$$
APR = \[1 + (1 + X/100)^{365}] \* 100 = 4,848,272
$$

#### When only claim for a year

`X: Daily Reward = 3%`

$$
APR = X \* 365 = 1,095
$$

$$
min(1,095) \<APR\<max(4,848,272)
$$

## Claim and Compound

The NFT holder & supporters can claim his pending reward-$CML or USDT directly to his wallet using our [dApp](https://app.cryptotigernode.club/) every day (24 hours) for the claim fee of 10%.

The NFT holder & supporters can compound his pending reward-$CML using our [dApp](https://app.cryptotigernode.club/) every day (24 hours) for the compound fee of 10%. The pending reward $CML will be locked additionally in the NFT.

## Trade NFT

You will be able to trade your NFT(node) to others, at a price that you determine, using Opensea and our marketplace. You will be able to unlist your NFTs or change your selling price.

There will be a 3% royalty fee on trading your NFT.