METAVS
Search
K

Ownership Based Staking

General Idea

Whitelists may work for the first mint of a project/team but long term we need a better solution. We need a system that rewards long term community members vs short term flippers.
Ownership based staking is used for a few of our NFTs.
Instead of sending your NFT to a smart contract you earn staking rewards by owning the NFT.

Staking Mechanisms

The use of staking rewards is dependent on the NFT implementing Ownership Based Staking.