MetaBlox’s miner-NFT is coming soon, and holders will start receiving token yields from them on December 12th, 2022. Holders will also be able to stake their NFTs for daily rewards prior to cloud mining coming online. Staking offers another way to earn $ROAM tokens with your MetaBlox NFT. Keep reading to learn how.

NFT Staking: What is it?

NFT staking works in a way that is similar to crypto token staking. Traditionally, cryptocurrency stakers lent their tokens to liquidity providers in exchange for rewards. These rewards can be the interest on the staked crypto, or transaction fees covered by other crypto users.

Similarly, MetaBlox NFT staking rewards holders for adding their NFT to MetaBlox’s staking pool. They then receive daily $ROAM rewards for the duration the NFT remains staked. How much crypto you earn from NFT staking depends on how long your NFT is staked for.

Like token staking, with NFT staking the holder typically decides their staking period between a few options. With the MetaBlox NFT’s flexible staking, however, the holder can withdraw their NFT from staking at anytime and keep all rewards earned up to that point.

MetaBlox NFT Staking

To be released on September 6, 2022 on OpenSea, MetaBlox’s miner-NFT can be staked for $ROAM token rewards.

Receiving tokens from staking your MetaBlox NFT is easy. You simply have to connect your electronic wallet (where you are keeping your NFT) to MetaBlox’s staking platform via the wallet’s address. After the staking pool closes on December 12th, your NFT will be deposited back into your wallet.

Learn how to stake your MetaBlox NFT in our staking guide!

An Easier Way To Earn Mining Yields

NFT staking is becoming a popular alternative to traditional crypto staking, offering another way to grow your digital assets.

And while the MetaBlox NFT features NFT-staking, this is just one of the Web3 utilities it is equipped with. For more info on this special NFT, join the MetaBlox community on social media.