NFT Staking Without the Worry: These Cats Made it Happen
FuelFoundry has cracked the code for in-wallet virtual staking, and our Order of the Tigons project will lead the way
Staking your NFTs for passive income has always come with a risky tradeoff. To earn those tasty rewards, you’ve had to give up possession of your NFTs to a smart contract/third party wallet. And hope their code is buttoned up against malicious shenanigans.
At Order of the Tigons, we thought “nah, that’s too much worry,” and set out on a mission to find a better way for our Tigons community.
We went right to the team at the tip of the staking-tech spear, FuelFoundry, and they delivered big time. As soon as Theta allows NFTs to be taken off of the Thetadrop platform (coming soon), our deep-space Tigons will boldly go where no NFT project has gone before: in-wallet virtual staking.
Your NFTs, Staked In Your Wallet.
You know the saying, “not your wallet, not your cats.” Or something like that. Anyway, FuelFoundry’s first-of-its-kind virtual staking will allow Tigon holders to stake directly from their own Metamask wallets, to earn our unique KFuel token.
While maintaining in-wallet possession of your NFTs is next-level peace of mind, it makes the whole staking deal a lot easier as well.
With virtual staking, you can forget all about waiting hours or days for your NFTs to unstake when you’re ready to flip them for a profit. Wanna sell your staked Tigons? Go right ahead. They’ll unstake automatically upon the sale and transfer of ownership. (Just make sure to claim your KFuel rewards before you sell!)
KFuel Your Experience in the Tigonia Metaverse.
In addition to staking rewards, every Tigon NFT you own earns you a free avatar in Tigonia; our totally badass social and gaming experience scheduled to launch in 2023 in the Sandbox Game.
The KFuel you earn from staking will be redeemable for Tigonia in-game assets. You’ll be able to bling out your Tigon avatars with jet packs, rocket boots, ninja stars, and all the other cool freakin’ attributes Jon Heder dreamed up when he created these cats.
And yeah, Tigons are definitely the funkiest characters Jon’s come up with since he hit the scene as Napoleon Dynamite.
Payouts, Rewards & Multipliers
Staking rewards will be paid out daily in KFuel, and every staked Tigon will earn at least 1 KFuel per day. While all of the hundreds of wild attributes Jon drew by hand are special, some are just more special than others, at least in terms of how they’re going to multiply your daily staking earnings.
Here’s how certain Tigon attributes and accessories are going to act as multipliers to your daily KFuel payout:
Tigons with two or more of these attributes will only receive the highest daily multiplier payout they qualify for.
How To Stake Tigons for KFuel
To keep things simple, Order of the Tigons decided to skip the hassles that come with an ICO. So the only way to stack KFuel for now will be to stake your Tigons.
To add Tigons to your NFT collection, head over to the ThetaDrop NFT marketplace at tigons.thetadrop.com.
For all the details on how to get started with in-wallet virtual staking of your Tigons (as soon as Thetadrop allows NFTs off-platform), check out tigons.fuelfoundry.io
Editor? Wanna do a story on Tigons and Virtual Staking? Contact Brian@Verified-Labs.com
About Verified Labs
Order of the Tigons is an NFT project from Verified Labs, a Web3 production studio founded by friends and family that share a passion for blockchain tech, digital art, media, entertainment and the future of the metaverse. Having expanded from our early days as a Hollywood production company, today Verified Labs focuses on creating iconic, revenue-generating virtual entertainment experiences for artists, celebrities, athletes, and brands.
About FuelFoundry
FuelFoundry is a leading provider of technology solutions for crypto/NFT staking and security. Founded by a passionate group of coders and enthusiasts, the company defines itself as middleware that enables artists and technologists to bridge the gap between crypto and Web3.
