Inventory Staking

Overview of inventory staking.

We are building an inventory staking pool! We are planning splitting the volume tax and fees collected from KABOSU NFT on NFTx.io with all our stakers!

What does this mean?

You will be able to earn staking rewards when you join our pool! The rewards come from the fees collected when people trade KABOSU NFT on NFTX.io and interact with our staking pool.

How does it work?

You would put your NFT in the pool on NFTx.io. The NFT you would put in the pool becomes "inventory" (Just like if you were stocking a shelf at the store). This inventory is then bought and sold to the public and you earn rewards for contributing inventory to the pool. In return, for every NFT you stake in the pool you get a token that can be sold for ETH like any other token (MAKING THE NFTs LIQUID) OR you can use it to redeem a KABOSU NFT from the pool.

THE NFT INVENTORY TOKEN PRICE IS EQUAL TO THE FLOOR PRICE OF THE COLLECTION

You can unstake your NFT if it has not been sold from the inventory. If it has been sold, you will be able to redeem a different NFT from within the pool to replace it.

How do rewards work?

The more inventory you supply to the pool, the higher your yield is. Rewards come from trading volume tax and fees that are collected from people trading and interacting with KABOSU NFT on NFTx.io. SO MAKE SURE THAT IS WHERE WE ARE TRADING OUR NFTs