What is NFT Staking?
Learn how Project Pi introduces innovative NFT Staking to maximize your rewards.
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Learn how Project Pi introduces innovative NFT Staking to maximize your rewards.
Last updated
Was this helpful?
NFT
Staking enables holders of PPY NFTs to earn rewards by participating in Project Pi’s ecosystem. Each NFT
represents 100,000 PPY
tokens, making it a key asset in generating additional income streams.
Hold an NFT
: Automatically minted when you hold 100,000 PPY
in your wallet.
Stake Your NFT: Stake it to earn a share of redemption fees from liquid stakers converting stPLS
to PLS
.
Earn Rewards: Enjoy sustainable rewards from shared redemption fees.
Earn Fees: Gain a share of fees from stPLS
redemptions.
Dual Utility: Combines PRC20 (PPY
) and PRC721 (NFT
) for enhanced rewards.
Easy Access: Requires only 100,000 PPY
to mint an NFT
.