What Is NFT Staking and How Does It Work?
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About Course
NFT staking is a new way to earn passive income in the crypto world. It lets NFT holders lock their assets in DeFi platforms to receive rewards. All without the need to sell their NFT collections.
Similar to DeFi yield farming, NFT staking relies on a Proof of Stake (PoS) mechanism to reward participants. By locking up NFTs, users can receive rewards based on the annual percentage yield (APY) and the number of NFTs staked.
At the individual level, NFT staking can benefit investors, as the overall supply tends to be lower. But in a broader context, NFT staking brings new use cases to NFTs that go beyond the idea of collecting digital art.
Course Content
What Is NFT Staking and How Does It Work?
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Introduction
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What is NFT staking and how does it work?
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Where can I stake NFTs?
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MOBOX (MBOX)
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Zookeeper (ZOO)
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NFT PowerStation on the Binance Fan Token Platform
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Closing thoughts
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Our crypto assets concerned are not considered financial instruments, electronic money, structured deposit, and the activities carried out are not considered regulated activities Cryptocurrency assets has relatively huge fluctuations in their prices. Please do judge your own investment capabilities rationally and make your investment decisions cautiously. The information and analysis contained in KRYZA sites and social sites,groups reflect the privacy of the authors and is not an investment analysis or investment advice. When making any investment decision, the suitability of the given investment can only be determined by an examination tailored to the person of the given investor, for which the author of the post does not undertake and is not suitable. Therefore, before each investment decision, find out in detail and from several sources, if necessary, consult your personal investment advisor!