Solice Asset Staking Portal Released.

Stake Official Solice NFTs for Additional Rewards

Solice
2 min readMay 23, 2022

We are thrilled to announce that our web-based NFT asset staking portal is finally done! Scroll down to read more details about the reward system and how exactly users can benefit from it.

What is it?

Web-based staking portal allows NFT holders to stake official Solice NFTs for a period of time in return for SLC rewards. The idea behind it is to give the NFTs some utility and reward the users, while we are still in the process of development. The asset staking system will incentivise demand for our NFTs and generate more interest in the Solice metaverse.

staking portal (portal.solice.io)

The Reward System

Base APY is always the same for each type of NFT at 40%. It is worth noting that users can only stake 1 NFT item as a multiplier per stake. However, users can stake as much as they like. All staking deposits are final. Users can not change the amount of $SLC in a staking deposit so please select the amount and the NFT carefully. A NFT can only be used once so if you want to have a apy multiplier on another deposit you will have to use another one of your Solice NFT’s to enable that. Furthermore, there is only a single staking period this time, 365 days. This is counted per individual stake, meaning that if you stake a NFT today and then stake another NFT in three days, the staking reward for the second NFT will be unlocked three days after the staking reward for the first NFT.

How do I start?

Head over to portal.solice.io to get started. Simply connect with your Solana wallet and start staking Solice NFTs!

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Solice

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