Staking Contracts & NFTs
A staking contract is created and a staking NFT is minted every time you stake.
What are Staking Contracts?
A staking contract consists of the terms and details for each staking you make.
A staking contract includes the following terms:
Contract No.
Equal to NFT ID, which is an unique ID for the contract
Contract Types
Describe the staking period
Status
Active: The staking is still generating rewards Matured: The staking period has been over, the staked amount can be redeemed. Staking rewards generation has been stopped Closed: All the staked amount has been redeemed
Staked Amount
The amount of cryptos have been locked
Est. APR
Estimated Annual Percentage Rate, a measure of an annual rate for the staking rewards based on the staked amount. The rate is fixed at the moment successfully staked
Created Time
The time successfully staked
Maturity Time
The time when staking is matured
Rewards Start Time
The time when the generation of staking rewards start
Rewards Distributed
Total staking rewards that have been released
Rewards Withdrawn
Total staking rewards that have been withdrawn
Withdrawable Amount
Available staking rewards that can withdraw
What are Staking NFTs?
Staking NFTs are on-chain staking certificate on SOFIL platform. One staking NFT represent one staking contract. The one who hold a staking NFT has the right to
withdraw staking rewards
redeem the staked amount after the staking period
of the staking contract which the NFT represent.
A staking NFT includes the following specifications:
NFT Image
An image represent and embedded to the NFT
NFT ID
Equal to Contract ID, which is an unique ID for the NFT
NFT Standard
Underlying technical principle of the NFT The staking NFT will be minted on the same blockchain of the staked crypto type
Contract Address
Smart Contract Address of the NFT
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