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  2. Derivatives

Staking NFTs

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Last updated 2 years ago

Staking NFTs

Users can pledge their NFTs after entering the [Derivatives - Staking NFTs] portal, and the pledge will receive a bonus gain corresponding to the NFT's momentum.

The unlocking of reward proceeds needs to be obtained in two ways.

  • Providing transaction liquidity for the corresponding Token: for every transaction made, the user will receive an accelerated bonus of the corresponding percentage of the total momentum, and for every completed transaction, the corresponding percentage of the bonus will be received the following day.

  • Invite a friend to unlock NFT Momentum Bonus: After inviting a friend, the user will receive a percentage of the Token invested by the friend in casting the Turbo NFT as a rebate bonus, which can vary between direct and indirect friends.

After entering the pledge page, users can formally unlock the NFT momentum earnings through [Approve], and at the same time, they can [Receive Benefits] at any time on this page, and view related information, including the total NFT momentum pledged by users, invitation rebate rewards, transaction rewards, reward records and withdrawal earnings details and other related data information.

In addition, after inviting a direct friend, if the direct friend pledges a Turbo NFT, the user will receive a generational rebate, and if an indirect friend subsequently pledges a Turbo NFT, the user will also receive a generational rebate, so that multiple generations of rebates can be earned. If the user's direct friend has not pledged a Turbo NFT, the user's rebate is limited to that generation's rebate percentage.

All Turbo NFTs can be traded and transferred on the Bitbyte NFT Marketplace.

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