When I buy an NFT, I check to see if I can stake it to get rewards which may come in crypto. Instead of the NFT staying idle in my wallet, I use it to make myself money. Below is a list of NFT staking platforms I fancy.
Splinterlands is a blockchain-based collectible card game similar to Hearthstone in which players collect and use cards with varied abilities and stats. Here, SPS (short for “Splintershards”), the game’s native coin, is set up as a DAO on the Binance Smart Chain (BSC).
• Aloha DeFi is your gateway to the DeFi world. With NFTs, staking, and a DAO platform that utilizes NFTs. Earn platform rewards by participating in the DAO. All at near-instant speeds and negligible transaction fees.
You can do all of this and more today with our mainnet product. Theye community is already busy nabbing some rare NFTs through staking. The Aloha app also lets you earn tokens by sharing your mobile bandwidth.
The NFTX platform allows users to create ERC20 tokens backed by NFT collectibles. Here, users deposit NFTs into an NFTX vault, which generates an ERC20 token that is composable and fungible at a ratio of 1:1.
3 thoughts on “NFT staking seems to be new, but it has made me quite some money.”
NFTX is a great platform that merges NFTs with DeFi.
NFTX vault tokens (ERC20 “receipts” for depositing NFTs) are the constituents of the Scalara NFT Index that tracks the performance of blue-chip NFTs.
Arcade is the new trend that is about to hit the market and the game industry,,, i believe the market will soon change
Who doesn’t like a passive income? Caringcatsnft surely delivers a portion of the donation to its holders forever! The project has even collaborated with feral cat rescue organizations in some countries. In my opinion, this project will make it to the MOON!! (for the holders)