Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
NFT Tutorials

NFT Staking

NFT Staking Perks, Projects, Platforms

Non-fungible tokens, or NFTs, have revolutionized the digital world in various aspects. NFTs have been on sale on various NFT marketplaces and attracted a lot of investors worldwide. NFT trading includes minting NFTs or purchasing them at lower prices and waiting for them to be sold at higher prices. However, finding the right NFT project is usually difficult, and sometimes, NFTs are not appreciated well.

The NFT market has applied a new strategy to support NFT investors and collectors. NFT staking allows collectors to deposit their NFTs on Decentralized Finance (DeFi) protocols and make a profit without selling their digital assets. Besides, it provides a solution to overcome the illiquidity of NFTs. Thus, this article aims to explain NFT staking and how it works. We also introduce some of the best NFT staking projects and platforms to our readers.

Best NFT Staking Projects

Before staking your NFT in a project, it is essential to check their staking features and future plans. Here is the list of the best NFT staking platforms in 2023.

1. Tamadoge


First on our list of the best NFT staking projects is Tamadoge. Tamadoge is one of the new crypto projects that has its own native crypto called TAMA, as well as NFTs and P2E elements. TAMA has shown a great increase in value since its first sale. This meme coin is the third largest by trading volume.

The project also includes NFT pets which will be at the center of the Tamaverse and allow holders to battle others for prizes and rewards. NFT pet holders are required to look after, feed, and care for their pets till they grow into adults. Adult pets can battle other NFT pets in the metaverse for their place at the top of a global leaderboard.

Although Tamadoge pets do not come up with a staking function, their play-to-earn element means holders will receive rewards via the ownership of these NFTs. Tamadoge raised $19 million on presale and was eventually listed at $0.03 on OKX’s centralized and decentralized exchange.

2. Silks


Silks is another P2E game where players can buy, trade, breed, and race NFT horses. Silks mirrors real-world horse racing, and real-world winners can earn rewards as the owner of the metaverse counterpart.

Silks NFTs include Silks avatars, horses, stables, and lands. Players need to own a Silks avatar to participate in the game, and these avatars are on the list of the top 10 sports NFTs on OpenSea. It is expected to be listed as the number one fantasy sports Web 3.0 game. Owning Silks avatars provides several advantages, such as a lifetime mint pass for the annual Genesis Yearling Sale, exclusive experiences, giveaways, and more rewards for players.

Players can also stake their NFTs in the Community Horse Farms and receive rewards instead. This P2E game provides the best offers to stake NFTs and earn passive income.



NFTX is a unique, innovative platform that allows its users to create their own ERC-20 tokens based on their ownership of NFTs. These tokens can be staked to help maintain the NFTX network. Token owners can stake their assets and earn passive income.

Besides, the tokens can provide liquidity to Automated Market Makers by facilitating trades. Token owners then receive some income from each trade that is made. Thus, Owners can make a good profit by staking their NFTs and doing some more activities.

4. Lucky Block

Lucky Block

Lucky Block was launched in 2022 and has been one of the most popular competition projects. Every Lucky Block NFT holder has a chance to win prizes based on their NFTs. Investors can earn rewards simply by participating in the games.

Lucky Blocks provides blockchain-based prizes through competitions that are not limited to a single collection. It regularly releases a new series of NFTs, each followed by a unique completion. When an NFT collection is sold out, its underlying smart contract randomly selects an eligible winner among those who entered the competition. Competitions are held every week, and their prize ranges are various, including gaming tools and cars.

Lucky Block has its own native token, LBLOCK. Lucky Block NFT holders usually receive the token as a reward in competitions. Although at the time of writing, Lucky Block does not offer NFT staking opportunities, it rewards precious rewards to NFT token holders if they keep the NFTs in the long term. The longer the investor holds the NFT, the more tokens they are rewarded.

5. Quint


Next on the list of the best NFT staking project is Quint. Quint provides notable features, including an NFT marketplace, the Quint shop, and a super staking pool. The Quint staking pool has unique real-world collectibles that range from complimentary stays in popular travel destinations, supercar experiences, and discounts on hotel and restaurant booking, properties, etc., all available for NFT owners who stake their digital assets in the platform.

Quint also has luxury raffle pools that gift precious prizes to participants. Investors can buy tailor-made NFTs in the marketplace and receive luxury NFT services, like NFT frames. Quint is also planning to develop real estate NFTs as fractional ownership. The team is also working on a P2E game that provides multi-chain support to the platform. The Quint ecosystem is hosted on Binance Smart Chain. Investors must have Quint tokens in their wallets.

6. Doge Capital

Doge Capital

Doge Capital has launched an exclusive collection of art NFTs, including 5,000 non-fungible tokens. The platform provides Woofbank, a vault to store the NFTs and other digital assets for its community. Therefore, investors can stake their Doge Capital NFTs to earn DAWG tokens in return.

Doge Capital aims to start renting service which allows holders to borrow NFTs stored in the Woofbank vault. The platform also provides a P2E game that lets players generate DOGE tokens as rewards. To support the ecosystem, Doge Capital offers a total supply of 300 million Doge tokens, which has made the platform popular among other NFT staking projects.

7. Mutant Cats

Mutant Cats

Mutant Cat is a DAO that buys other popular NFT collections, such as CryptoPunks and Bored Apes and fractionalizes them. The project owns a secure vault that includes some of the most well-known projects. When investors buy a Mutant Cat NFT, they can stake these digital tokens on the platform and receive FISH tokens that represent a fraction of a precious NFT staked by the DAO.

The project has also launched its own collection of 9,999 NFTs, built on the Ethereum blockchain. It also features unique avatars with various traits. Investors earn 10 FISH tokens per day for each staked NFT. There is also a group of community members who dedicate their effort to the growth of the project.

Top NFT Staking Platforms

Top NFT staking platforms

NFT staking is getting more popular in 2023, and as a result, the number of NFT staking platforms is increasing in response to the increasing demand for the service. To start with staking NFTs, you first need to have the NFTs on a compatible crypto wallet like MetaMask. Then, you have to choose a reliable NFT staking platform and send the NFTs to a staking contract and lock them for a certain time. When the staking platform locks the NFTs, you start receiving rewards. Remember that the reward system can be different from one platform to another and depends on various factors such as the NFTs, the staking period, and the native cryptocurrency of the platform.

Here is a list of the most popular and reliable NFT staking platforms to start with.

1. Splinterlands


Splinterlands is a collectible card game that is built on the Hive blockchain network. It allows players to collect and use NFT cards with various abilities. The game includes more than 500 cards that can be collected and used in battles.

Splintershards, or SPS, is the native token of the game, which sets up a DAO on Binance Smart Chain. Users can stake their SPS tokens to earn rewards, participate in governance, and get special offers, bonuses, and promotions. They can also use their SPS tokens to bet on other players in battles. Players can stake their NFT cards in liquidity pools to earn SPS rewards. Therefore, other players can use the NFT cards.



NFTX is an NFT staking platform that allows its users to create ERC-20 tokens that are backed by NFT collectibles. NFTX users can deposit their NFTs into the NFTX vault and generate ERC-20 tokens that are fungible at a 1:1 ratio. These tokens are known as vTokens. Staking vTokens, users also can get rewards and buy other NFTs from the vault.

vTokens are truly practical so that holders of the token can pool their assets in automated market makers (AMMs) to create a liquid market in which other users can trade. vToken holders receive a floor price, or the lowest market price of an NFT if their vToken has the highest levels of liquidity and trading volume. Floor prices are perfect for investors who are looking for profit.

3. Binance NFT PowerStation

Binance NFT PowerStation

Binance is one of the largest crypto exchanges worldwide. The platform provides a wide range of services, including NFT staking and Fan Token teams. As an example, token owners can stake their NFTs on the Binance Fan Token platform to earn additional Binance Fan Tokens. These are utility tokens developed by sports clubs. The token holders have access to exclusive services and club benefits like discounts on tickets, luxury goods, etc.

NFT PowerStation is another revolutionary gamification feature developed on the Binance Fan Token Platform. Fans can stake supported NFTs on their team’s NFT PowerStation and earn additional Binance Fan Token rewards. The longer the NFTs are staked, the higher the rewards are.



MOBOX is a blockchain-based game. The game has a metaverse called MOMOverse. The metaverse allows users to find various NFTs called MOMOs that can be traded on the MOBOX marketplace or staked to earn passive income.

MOMOs have various qualities and randomly generated hashing power. MOMO holders who stake their NFTs receive MBOX governance tokens as a staking reward. MBOX tokens are rewarded based on the number of MOMOs staked every day.



Music NFTs are the world’s first global music NFT company and have attracted millions of fans and musicians. BAND NFTs is an NFT market to buy music NFTs and stake them in royalty pools. Staking NFTs are rewarded with a share of the revenue generated by NFT songs and albums. As the number of fans increases, the music library becomes larger. Therefore, the royalty income stream increases for NFT investors. Each BAND NFT can be staked from 90 days to 5 years. The longer the staking time, the higher the number of governance tokens earned.

What is NFT Staking?

What is NFT staking

NFT staking refers to the process of depositing your NFT on a DeFi protocol and receiving staking rewards and other benefits. In this process, NFT owners must lock their digital assets for a specific time. NFT staking allows owners to earn income from their NFTs without selling them.

The rewards that an owner receives for staking NFTs are typically in the form of a cryptocurrency associated with the staking platform or native tokens of the NFT’s ecosystem. For example, staking a Bored Ape can generate ApeCoin rewards.

To stake an NFT, the owner must lock up the NFT for a certain time. Therefore, she will be unable to sell or transfer the digital asset during that period. NFT owners need to check the lock-up time before depositing their NFTs.

There are several benefits to stake NFTs. First, owners can earn cryptocurrencies. In fact, NFT owners can make a passive income only by staking their NFTs. Besides, owners can show support for a specific project and community by staking their NFTs. They show that they know the value of the project and believe in it. NFT staking, thus, helps the project grow.

NFT staking comes with a few demerits, too. First, the value of NFTs may face changes at the end of lock-up time and lose its value. Technical problems are the other risk to consider in NFT staking. If the platform that NFT is staked on compromises or experiences a technical issue, not only the NFT staked but also the rewards can be lost.

How Does NFT Staking Work?

How does NFT staking work

Staking is quite similar to depositing money into a saving account at a bank. A deposit is locked up for a certain time, and the owner receives a given interest. NFT staking works similarly. You deposit your NFT in a DeFi platform for a specified duration and earn interest on your NFT investment.

To secure NFTs on a platform and guarantee the staking rewards, NFT staking platforms use the latest technologies, such as blockchain and smart contracts. The security and functionality of a blockchain have motivated lots of NFT owners to Stake their NFTs.

Notice that staking rewards and incomes depend on the platform and the specific collection. Different NFTs provide different staking rewards regarding the project, and some cannot be staked at all. Therefore, NFT owners should know all about the particularities, partnerships, and staking capabilities of their NFTs to take the best advantage of their staking.

Risks of Staking NFTs

Risks of staking NFTs

Although NFT staking offers several advantages to NFT, it includes some risks, too. Therefore, it is important to consider some key points in mind to be prepared to make a passive income from staking NFTs.

1. Hacks and scams

Although your NFT is staked on a platform, there are always risks of hacks and scams. It is possible if an NFT staking platform gets huge attention and trust around their staking projects and invites NFT owners to stake their NFTs before vanishing away and leaving the project in the hands of the community. This may cause a decrease in the value of the staking project and the rewards it is supposed to offer the NFT owner. NFT owner should do their research prior to staking their NFTs.

2. Price volatility

The NFT market is an active market that can be influenced by news in the digital world. Therefore, it is always possible that while you stake your NFT, its value may fluctuate significantly due to market changes. Staking an NFT means that you will not be able to sell it for a certain period of time. If you plan to hold your NFTs for a rather long time, it is a great idea to stake it on NFT staking platforms and make passive income. Temporary ups and downs of the market will not annoy you since you will earn interest on your investment.

3. Long lock-in periods

By staking your NFTs, you may need to stake your NFTs for weeks or months to earn rewards. The staking time directly depends on the specific NFT collection and platform. Notice that staking rewards are not distributed proportionally. Therefore, if you withdraw your NFT early, you will not earn anything for the entire time it was staked. They can also lock your tokens so that you cannot access or sell them without losing your rewards.

4. Cryptocurrency price fluctuation

The crypto market is so volatile. Even if your NFTs maintain their value in the NFT market, their value may fluctuate based on the changes in the crypto market. For example, an NFT value in terms of ETH may widely change in US dollars in a fluctuating crypto market.



NFT staking is one of the best ways to make passive money from NFTs instead of simply holding the NFTs and waiting for their value to increase. It is one of the best use cases of NFTs with high returns without selling the digital asset. The NFT staking concept is gaining much attention these days, and the number of NFT staking platforms is also increasing. In this guide, we tried to introduce some of the best NFT staking platforms and discuss the benefits and drawbacks of staking NFTs.


  1. Can we have passive income by staking NFTs?

    NFT staking allows NFT owners to earn rewards and make income without selling their digital assets. In fact, NFT staking is the best way to earn passive income from NFTs.

  2. Is it possible to claim rewards before the lock-up ends?

    NFT staking rewards are not distributed proportionally, and if you withdraw your NFTs early, you receive no rewards.

  3. How long can you stake an NFT?

    NFT staking time could vary from weeks to years, depending on the specialized NFT project and staking platform.

  4. Does your NFT meet the criteria for staking?

    NFT staking platforms usually accept various NFTs to be staked in their projects. However, some platforms only stake certain types of NFTs, such as music NFTs. You can always ask for NFT criteria before staking your NFTs on a platform.

About Motahareh

Motahareh Khalvandy is an applied linguist currently writing for NFTNEWSPRO. She is fascinated by creativity and innovation of NFTs and web3. In her free time, she enjoys translating books and articles.

Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Recommended Posts

Leave a Reply

Your email address will not be published. Required fields are marked *