Geoclaiming came with little notice, and XYO users are still wondering how it works.
Geoclaiming tiles for XYO tokens is similar to Monopoly. When COIN app users "claim" a square, they can put down any amount of XYO tokens (in increments of 10), and receive a percentage kick-back reward from other geominers on that tile.
COIN Plus and COIN Pro users are immune to the reward charge, and COIN Pro users also get x2 rewards from geoclaiming. While all this sounds great, my experience has not been that great with it, staking over 3k tokens, and only reclaiming 1215 (currently).
Stay tuned for more updates in the future!
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