Skip to main content0xTOWN introduces a unique staking mechanism for GenFT holders, offering an opportunity to earn rewards from protocol fees while supporting the stability and growth of the ecosystem.
🔒 Staking Revealed NFTs
Staking within 0xTOWN is exclusive to revealed NFTs. This prerequisite ensures that only committed long-term holders can participate in and benefit from the accumulation of protocol fees.
🔄 Flexible Locking System
GenFTs can be locked into the TOWN Staking Contract to start accruing fees. This system is designed with flexibility in mind:
- Lock: Stake your revealed NFT at any time to start earning.
- Unlock: NFTs can be unlocked at any moment, providing liquidity and control to the holder.
- Non-tradeable when Locked: To ensure a stable staking environment, locked NFTs cannot be listed on exchanges.
📈 Earning Protocol Fees
By staking GenFTs, holders are entitled to a share of the collected fees. These fees are generated from reveal and transform actions.