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Launchifi Docs
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  • 📖Launchifi Documentation
  • ⚙️Setup
  • 📄Ultimate Guide for Beginners
    • Smart Contracts Explained
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  • 🚀Getting Started with Launchifi
    • Getting Started!
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  • 📃Contract Types
    • Token Contract
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  • ⁉️What to Choose
    • ERC20 vs ERC721
    • ERC721A vs ERC721
    • ERC721 vs ERC1155
    • ERC721i
  • 📃Crowdsale
    • Rate Configuration
    • Distribution
    • Token Emission
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  • Staking Details

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  1. Contract Types

NFT Staking

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Last updated 2 years ago

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Create a reward based system for an NFT Collection

Staking has the added benefit of contributing to the security and efficiency of the blockchain projects you support. For a lot of traders and investors, knowing that staking is a way of earning rewards for holding certain cryptocurrencies.

To create your NFT Staking

You will have to insert a few parameters:

Contract Details

  • Contract Name - How do you want to name your smart contract.

  • Collection Address - The address of your Collection (i.e 0x...).

  • Reward Token Address - The address of your ERC20 reward.

Staking Details

  • Staking Duration - How long the users will have to stake to receive rewards.

  • Staking Reward - How much of your cryptocurrency users will receive after the staking duration.

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