Dec 18, 2021
How to: Staking your Privacy NFT
How to: Staking your Privacy NFT
The Privacy NFT is an essential aspect of the PrivacySwap ecosystem to boost your APR or gains. It has three kinds, Privacy Silver, Privacy Gold, and Privacy Diamond. When you stake these NFTs, the APR for staking your PRV2 and PRVG will be boosted by up to 50%. Thus, since the APR for PRV2 and PRVG is up to 75,000%, upon staking the Privacy NFTs, your APR will now be up to 112,500%! Awesome right?
So what are you waiting for? Mint and stake your NFTs now! Don’t know how yet? Well, you’re in luck! Here’s an easy-to-follow, step-by-step instruction on how to do it with ease!
Also Read: NFTs: Why are some of them so expensive?
Minting your very first NFTs
To mint your very first NFT, all you have to do is to go to PrivacySwap.finance, launch the website, and go to Privacy NFT located at the left side of the home page. Once clicked, it’s fairly straightforward, and you can now see where you can easily mint:
Once you connect your MetaMask Wallet, which we showed you how in this article, you will now be able to see the “Buy” button. After choosing your desired NFT to buy, you can now proceed to your purchase using your BNB.
Staking your NFTs
To stake your Privacy NFT means to boost the APRs for your staked PRV2 and PRVG. To do this, all you need to do is to go to Privacy Pool or Privacy Farms, where you staked your PRV2s and PRVGs, and simply click the “Stake NFT” button:
Once clicked, you have to do is to click the “Approve PRVG” or “Approve PRV2” if what you staked is PRV2:
And that is it! You have now staked your NFT and boosted your APR for up to 50%. Woohoo!
Also Read: Ask the orb: What is FOMO, and why should we avoid them?
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