NFT Staking

What Is NFT Staking?

NFT Staking is a new way to generate passive income in the DeFi world. It enables NFT owners to stake their non-fungible assets to gain rewards without having to actually sell their NFTs.

The PoSDuck platform employs the PoS (Proof-of-Stake) mechanism to reward its participants.

The users are rewarded for staking their NFTs according to their NFTs' price and the staking pools' specific interest and period duration parameters.

In the grand scheme of things, NFT staking offers NFT holders a path beyond simple unique digital asset owning and collecting.