Staking
Last updated
Last updated
Staking with the Moonbeamer project is different from other staking-based projects because it is a hybrid staking Dapp since the community will be able to stake erc20 or erc721 tokens since Moonbeamer is an ERC404 project. The rewards can vary based on the number of ERC721 or ERC20 staked in the protocol and the reward rate set by the monetary policy.
Users who have staked the $MOON NFT will receive the Stardust token as proof of their stake in Moonbase. (You can read more about stardust here.)