What do you need to provide to become a liquidity provider, how much capital is required and how long will it take to see an ROI?
There are two ways in which you can now stake your NFTs on NFTX
- Inventory Staking
- Liquidity Staking
The requirements, capital, and ROI differ between the two.
The more inventory or liquidity you provide the larger the share of the pool and the more rewards you will earn through vault fees.
Don’t forget, when you stake your assets will be locked up for a period of time before you are able to exit your positions.
- 48 hours locked position for double sided staking
- 7 days locked position for single sided staking
While staking and earning yeild seems like a no brainer, let’s take a look at some of the staking risks.