The NFT staking platform for everyone, on Zksync.

Tyche Protocol
Tyche Protocol
Published in
3 min readJun 14, 2023

Hello everyone,

In just a few days, we will be launching our NFT staking platform dedicated to the Zksync ecosystem.

The primary objective of this NFT platform is to enable our TYCHE NFT holders to stake their NFTs in exchange for an APR in $TYCHE tokens, but not limited to.

We have designed this platform so that every project on Zksync can utilize it and provide staking rewards to their users using their own tokens or even ETH/USDC/USDT — whatever suits them best.

Who is the target audience?

  • If you are an NFT project and you want to easily distribute rewards in $ETH/$USDC, you can seamlessly do so with our platform to boost your visibility or simply provide additional utility to your NFTs.
  • If you are an NFT project with a native token and you want to easily distribute rewards to your holders in $XYZ tokens, you can also achieve that using our platform.
  • If you are a project that has created NFTs to support your Dapp and you are looking for a simple way to distribute your tokens and reduce token dilution by conducting a one-time airdrop, you can distribute this airdrop through our staking platform. But you can also distribute more incentive to your holders based on any currency you want.
  • If you are a project without NFTs and you want to simply distribute more incentive to NFTs holders for more visibility for your project, you can do it easily.

Whether you’re an NFT project without a native token, an NFT project with a native token, a project utilizing NFTs to reward your holders or even a project without NFT looking for social traction, if you seeking to distribute an airdrop, or simply looking to enhance your incentive distribution, you have come to the right place to fulfill these objectives.

This is not limited to just the NFT platform; you will also have the opportunity to list your token on our Dex, enabling NFT holders to add their new tokens to pools.

Furthermore, this will eventually grant you access to our NFT lending platform as a whitelisted collection.

In essence, by participating as a project in our NFT staking, you open up your community and NFTs to an incredible realm of utility that will add significant value to your project.

In the future, if you are on other EVM chains such as Arbitrum/Starknet/Optimism/Matic/BSC, you will also be able to use our platform and distribute your tokens to your holders.

What do TYCHE NFT holders gain from this?

This is where things get interesting! When a project signs up to list their NFTs, they will be required to provide an allocation in return, which we will distribute to TYCHE NFT holders through our dual incentive system.

This means that every time a project wants to be listed, you will receive a new token, allowing you to gain exposure to a variety of different projects simply by owning an NFT.

Stay tuned for the launch of our NFT staking platform and join us as we revolutionize the NFTFi / DeFi experience within the Zksync ecosystem.

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Tyche Protocol
Tyche Protocol

Published in Tyche Protocol

Tyche protocol is bringing a DEX , DEX aggregator and a NFT lending platform.

Tyche Protocol
Tyche Protocol