NFTY Single Staking — Stake $NFTY, Earn $NFTY
The long-awaited news is here! We are excited to announce the launch of our native Staking Dapp.
You may now stake your BEP-20 $NFTY tokens and earn daily network rewards on the NFTY Network. Every day, 180k $NFTY tokens (6.5 per block x 28k blocks per day) are distributed to our stakers.
The TVL (Total Value Locked) was at 19,081,734 $NFTY tokens at the time of publication. Woot!
How do you get started, you ask?
How to Stake Your $NFTY Tokens
1. Head over to the staking page at https://staking.nftynetwork.io/.
2. Connect your MetaMask wallet. Make sure you’ve switched to the Binance Smart Chain (BSC), as shown above. If you don’t have that set up yet, here’s an excellent explainer to make that happen.
3. After connecting successfully, you will be brought to the Staking Dapp, where you will find the Stats section providing information on the staking contract and the Staking section containing your balance, amongst other details. You may now scroll down and enter the amount you want to stake.
To begin the approval process, click the approve button. You’ll also need to authorize the MetaMask confirmation popups that appear after that.
4. After completing the confirmation process, the Staking area will update your staked balance and pending awards.
Congrats, you can now start earning rewards!
We’re really grateful for your continued support, and we’re proud to provide yet another medium for our loyal community to earn more with their $NFTY tokens.
About NFTY Labs
NFTY Labs is a foundation focusing on the growth of NFT ecosystems by building open-sourced, community-based tools that will unlock inherent utility and value within NFTs. NFTY Lab’s goal is to create new applications that offer new utilities for NFTs, and we aim to do this by utilizing a core feature of all NFTs: ownership.