Create an NFT Staking Pool
You can create your own NFT Staking Pool
Last updated
You can create your own NFT Staking Pool
Last updated
To create a staking pool for an NFT on InkWhale, follow these steps:
Step 1: Visit https://a0.inkwhale.net/#/create/nft-lp and choose the NFT you wish to create the pool for, along with the token you want to use as the reward token.
Step 2: Provide the following information:
Farm Length (in days): Specify the duration for which the farm will be active.
Start Date & Time: Select the date and time when you want the farm to begin.
Multiplier: Determine the number of tokens that stakers will receive per NFT per day.
Total Staking Cap: Set the maximum number of NFTs that users can stake in the pool.
Step 3: Click the "Create NFT Staking Pool" button and follow Wallet instructions to create the farm.
Please wait for up to 10 seconds for the data to be updated. You will be able to see the created pool by scrolling through the list or by checking the "My NFT Pool" tab.
Click on the newly created farm to see its information
📌 Note:
You will be able to remove any unclaimed balance from the reward pool when the pool is expired.
A fee of 1,500 $INW is required for the creation of the NFT Yield Farm. Rest assured, all collected fees will be burned, contributing to the deflationary mechanism of the INW ecosystem.
For step-by-step guidance, check out this video that provides detailed instructions.
