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  • USER GUIDE
    • 🖼️Index
      • Buying Fungify NFT Index
      • Depositing NFT
      • Redeeming NFT
      • Earning Interest
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  • Unstaking
  1. USER GUIDE
  2. Index

Earning Interest

PreviousRedeeming NFT

Last updated 7 months ago

Once you have Fungify NFT Index Tokens it's useful to stake them. This entitles you to shares of the fees from Deposits and Redemptions in the protocol. It will also entitle you to any claims the protocol is able to obtain from holding the NFTs.

Staking

From the Overview page you navigate to the Earn page and you're able to enter the amount of tokens you want to Stake. Once done you just complete the Stake and it will return to you Staked Fungify NFT Tokens.

Unstaking

If you wish to Unstake, then on the Earn page you're able to select the Unstake tab. Here you can enter the amount of Staked Fungify NFT Tokens you want to unstake. Once done you just complete the Unstake and it will return to you the appropriate amount of Fungify NFT Index Tokens.

🖼️
Navigate to the Earn page
Enter the amount you want to Stake
Once ready you can proceed with staking
Navigate to the Unstake page
Enter the amount you want to Unstake
Once read you can proceed with unstaking