Earning Interest
Last updated
Last updated
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.
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.
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.