Nft Staking

submitted 11 months ago by AlladiNasir21 to demcra

NFT staking refers to the practice of locking or holding non-fungible tokens (NFTs) in a staking mechanism to earn rewards. Staking, in general, involves holding or "staking" a specific cryptocurrency or digital asset in a wallet or smart contract for a certain period to support the network's operations and earn rewards in return.