NFT staking refers to locking up NFTs on a platform or protocol to earn rewards and other privileges. This allows NFT holders to put their idle assets to work without selling them. Staking rewards are issued in ORCA native token, which can be traded for other cryptocurrencies or assets.
Staking Rewards: You can stake your Orcas NFTs to earn ORCA tokens. Those who own Orcas NFTs will generate a passive income of ORCA/day as a token, see Token Utility. NFT owners will earn ORCA tokens if they keep their NFTs staked. 37M ORCA tokens will be distributed as staking rewards for 10 years.
Staking an NFT generates passive income as follows:
Orcas NFTs staking process
NOTICE: The unstake period is 30 days. During the unstake period, all the benefits and earnings are disabled.