WaxDAO NFT Farms

On WaxDAO there are 2 different versions of NFT Farms, with a few different setting options.

Farms can either be custodial (meaning the staked assets are transferred to the WaxDAO wallet for the duration of the staking), or non-custodial farms (meaning the staked NFT assets remain in your wallet).

An example of a Version 1 Farm can be our initial pixal staking farm here below:

V1 Farms

V1 FarmsV2 Farms

Max staked assets

5000

Unlimited

Cost

250 WAX, 25,000 WAXDAO, or 1 Wojak NFT

250 WAX, 25,000 WAXDAO, or 1 Wojak NFT

Editable

Yes

Only before launch/extendable from initially defined rates

Number of reward tokens possible

1

3

Farm can run out of rewards before expiry

Yes

No (rewards to cover the full duration need to be locked in at launch)

Stakers can be kicked/banned/blacklisted

Yes

No

Can be ended before expiration

Yes

No

Farms are created with different Farm Types to cover/target different types of scopes of the collection:

  • Entire collection

  • Entire Schema

  • Schemas with Exclusions (For V1 Farms)

  • Specific Templates

  • Specific Attributes (For V2 Farms)

For V1 Farms it's possible to edit the staking weight/earnings after Farm creation, and add in additional collections, or templates to become stakable in the Farm.

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