Staking & Farming

Similar to mining rewards, NFT Staking/Farming allows users to earn rewards for holding and staking NFTs, and tokens in the ecosystem. The reward-claiming period is determined by the reward and APY (%) of the selected NFT. Rewards are delivered based on a formula, which takes into consideration the boost APR and level-up features.

Boost APR allows users to increase their rewards by staking or farming their NFTs for a longer period, while level-up features allow for users to unlock additional benefits as they stake or farm more NFTs.

NOTE:

• The reward pool for staking comes from the fees collected from Minting, Redeeming, and 30% of the DAO's revenue.

• The DAO can vote to change the allocation ratio of rewards for each staking pool.