Nostalgia’s NFT staking is live. (EN)

Nostalgia
3 min readJul 28, 2021

Real art, NFTs, Defi all together. We bring you Nostalgia.

First, we thank everyone who participated in the Genesis NFT Public sale. To proceed on with next steps, we would like to introduce our new NFT staking system in Nostalgia.

Everyone with a Nostalgia NFT is now able to stake their NFT and get weekly rewards of PAINT or CANVAS tokens depending on the type of their staked NFT. Currently, with only Genesis NFT in place, only PAINT tokens will be distributed as rewards. Governance NFTs which will be introduced later will be available for staking to claim CANVAS token as rewards.

Once every week, there will be a snapshot to distribute rewards to all the wallets that have staked their NFTs. The snapshot date can be seen in the staking app. Please note that you won’t be able to unstake your NFTs for two days after you stake. You will only be able to unstake after two days have passed after staking.

*How to stake

Please follow the steps below to proceed with NFT staking.

1. Access the Nostalgia Finance app.

2. Press ‘Connect wallet’ to connect your wallet.

3. Check the number written beside ‘Purchased’ to see how many NFTs you have.

4. Press Stake to stake your NFTs.

5. After the snapshot time has passed, press Claim to claim your token rewards.

6. Unstaking is only available after two days have passed since staking.

*Important notice

Please note that Nostalgia’s NFT staking is currently a beta version. If any issues are to be found please notify the team community and we will be dealing with the issues ASAP. Nostalgia community’s door is always open and we will always pay attention to the community’s ideas and suggestions.

Scheduled snapshot date: Every week Friday 21:00 KST

Learn more about Nostalgia through:

Visit our website: https://ngfinance.io/

Twitter: https://twitter.com/nostalgia_fi

Telegram: https://t.me/official_nostalgia

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Nostalgia

Real art, NFTs, Defi all together. We bring you Nostalgia.