WaxDAO NFT Farms
Last updated
Last updated
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
Max staked assets
5000
Unlimited
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.