Staked NFTs are enrolled in Battles and become eligible for Voting
In the vibrant world of ZooDAO, NFT Stakers act as the lungs, breathing life into our ecosystem. They are the champions of NFT Battles, representing digital assets but also the spirit of multiple communities. This section will guide you through the essential aspects of NFT staking, its benefits, and its significance in ZooDAO.
The Role of NFT Stakers
NFT Stakers are more than just participants; they are the essence that brings our NFT Battles to life. They provide:
Community Representation: By staking an NFT, stakers represent a segment of their community, showcasing their preferences and loyalties to the projects they represent.
Engagement: Staking, battling, and engaging with voters brings dynamism and excitement to the platform, making it more than a passive transactional space.
Personal Touch: Behind every staked NFT is an individual or a group with a story, a strategy, and an aspiration. This human element adds depth and relatability to every Battle.
Being an NFT Staker is not just about participation; it's also about rewards:
Yield from Voters: Win a Battle, and rejoice! NFT Stakers receive 1% of their Voter's yield as a token of appreciation for their representation and engagement.
veZOO Rewards: Every season, just by being staked, NFT Stakers can claim 15% of the $ZOO rewards released every season, distributed according to the veZOO model.
ZooDAO thrives on its community, and NFT Stakers are pivotal in shaping its direction, energy, and spirit. Whether you're a seasoned Staker or just starting, know that your participation adds value, meaning, and vibrancy to our platform. Dive into the world of NFT Battles, stake your favourite NFTs, and join this exciting journey with us.
Note: ZooDAO doesn't put any weight on the value or floor price of the NFTs being staked. The only things that affect outcomes and profitability are the amount of Votes an NFT has (the liquidity staked on the NFT which generates yield) and the collections veZOO ranking.