💡Suggestion 5: NFT Staking
A DAO that holds NFTs to yield NFT Tokens.
Last updated
A DAO that holds NFTs to yield NFT Tokens.
Last updated
In the case of NFT staking, holders will receive NFT crypto tokens as a reward for holding NFTs. Usually, this is a small crypto token that is linked to the NFT project.
Advantages:
The ROI is often very easy to calculate.
Cons:
Usually, it has small liquidity and little volume
Most NFT sets have trouble burning tokens, causing the value of the tokens to drop further and further.
Research Methods:
To find the best staking NFT sets we can use Crypto Kermits Twitter account. He makes a daily overview of Solana & ETH NFT Passive Token Yield Rankings.
