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NFT Staking: What is it and How it works?

nft staking

1. What is NFT staking?

2. How does it work?

3. How can I earn passive income from NFT staking?

4. What are various platforms for NFT staking?

What is NFT Staking?

How does NFT staking work?

How to earn passive income from NFT Staking?

NFT staking and gaming metaverse

What are various NFT Staking Platforms?

  1. Onessus
  • It has an in-build learning mechanism that allows the lease of NFTs to gamers.
  • Incentivize stakers with longer staking duration
  • It permits stakers to participate in the governance mechanism through the governance token MBOX.
  • The more NFTs you collect, the more rewards you can get.
  • A structure incentivizing users for their time and effort, without requiring them to pay any third party for their content promotion.
  • Content generators are rewarded in their native token $LIKE
  • Allows re-funging of assets, which can be used for purposes like trading, investment, etc.
  • Multilayered security, with the absence of staking limit
  • Compatible with Ethereum, Binance Smart chain, Polkadot, and Cosmos blockchain protocol.

Concluding Remarks

About ImmuneBytes



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