NFT Staking
Definition
NFT staking is an action that rewards a User for holding a NFT. For example, if a User holds a token as determined by a snapshot at a defined point in time, they will be rewarded in the form of more NFT's or fungible tokens.
Reward Distribution
Auto staking of NFT's is particularly important for Decentralrealty's business case because the real estate tokens can be held by their respective Owners in their own self-custody wallets. According to a specified time period, a snapshot of NFT owners accounts will be made and the staking rewards will be distributed automatically. The Token Holders do not have to take any proactive action to obtain their rewards.
Last updated