Janus NFT Stake System

Janus NFT Stake System, The beta version of the Janus NFT Staking system is now available.

They want to make it available to additional NFT initiatives after the beta testing is complete. The period will end then. Janus NFT Stake System, NFT staking provides one such opportunity for NFT users to make an extra passive income without losing the ownership of their NFT collectibles.

All NFT initiatives are welcome to join the Janus Network ecosystem for NFT staking. The NFT staking service is currently in beta and will go to the public soon.

What is NFT Staking?

It refers to locking your digital assets in a decentralized finance platform. In effect, it fetches rewards to the NFT holders based on three major criteria including Annual percentage yield, staking period, and the number of NFTs kept at stake.

How to earn passive income from NFT Staking?

You can earn passive income by staking nonfungible tokens on a compatible staking platform. This can be valuable, especially for the long-term NFT holders or HODLers, which is a usual case with NFT collectors. They can lock their NFT collections for earning passive income, instead of holding them in a crypto wallet.

To test it, you can buy a Janus NFT Stake Ticket from the Kalao Marketplace and earn xJNS by testing it. NFT tickets are listed at 0.01 AVAX at Kalao and you can earn xJNS for 5 days by staking in the pool