WaxDAO creates tools for creators on the WAX and EOS blockchains. There are 27,674 NFTs, staked on the platform.
Work of the WaxDAO project
Any user of the WAX or EOS blockchain can create their own token in 5 minutes or less by using the WaxDAO tool.
Create a reward pool for staking your LP token and incentivize people to add liquidity. Or do it with a regular WAX Token. Give voice to your holders by creating your own DAO. Let your community help to shape the future of your project.
Developers offer:
| 1. | Pre-minted NFT packages. |
| 2. | Create your own Wax/EOS token. |
| 3. | Staking as a Service (create a reward pool and let people stake your token for passive rewards). |
| 4. | Farming as a Service (create a staking system for your NFT project). |
| 5. | Create your own DAO (with a treasury that automatically sends funds to a chosen address when a vote passes). |
Staking pools allow you to earn passive income by staking a token. If you have a project, you can create a reward pool for your project's LP token to incentivize people to add liquidity. Just let your community stake the LP token and reward them with whatever token you like. This is not limited to LP tokens, you can reward them for listing any token on WAX.
More about interaction with NFT
When you stake your NFTs on WaxDAO, you accumulate rewards every hour. The amount of the reward is set by the person who creates the farm. There are 2 types of farms - general pool and exact number. If you are betting on a shared pool farm, the more NFTs, staked on the farm, the less rewards each NFT will receive. If the farm type is "exact amount per NFT", you will receive the same amount of rewards (per NFT) every hour.
You can view current bid rates in the "About Us" section for each individual farm. To create your own NFT farm, you need to go to the farm creation page and fill out the form. Then submit a transaction and your farm will be created. After creating a farm, you can add tokens to the reward pool on the “Manage Farms” page.
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