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NFT Staking

Staking

  • Users can stake their Origins NFTs on Carbonstore platform Staking Module.
  • When NFTs are staked, users receive rewards in the form of LCO2 carbon credits.
  • Start date: 10 days after the Origins collection is launched
  • During Phase 1 total of 8160 carbon credits distributed among all stakers in form of LCO2
  • Yield: 1 Origins NFT earns 1 carbon credit per 30 days. Staking rewards distributed every block.

Walkthrough How to Stake

  1. 1.
    Enter Carbonstore platform
  2. 2.
    Connect your wallet; Metamask and Wallet Connect are supported.
  3. 3.
    Go to staking page. If you have Origin NFT in your wallet you can click the “Stake” button and stake your NFT.
  4. 4.
    If you don’t have Origin NFT yet, you can buy one from Carbonstore.
    • If all Origin NFTs are sold out in Carbonstore you can buy one from OpenSea marketplace.
  5. 5.
    After clicking the ‘Stake’ button your wallet pops up and it asks you to confirm the staking transactions.
  6. 6.
    Once the staking is confirmed from your wallet, the Origin NFT will be transferred from your wallet to the NFT staking contract.
Claiming Rewards
  1. 1.
    Once your Origin NFT is staked, your rewards start rolling. You can see the accruing rewards in the “Claimable LCO2” window.
  2. 2.
    The LCO2 rewards accrue continually. You can claim rewards whenever you want to If you don’t claim your rewards, they keep accumulating in the Claim Contract.
  3. 3.
    One wallet can stake 1 NFT. If you have more than one NFT you wish to stake, you can transfer the NFT to another wallet and stake from there.
Distribution Rate
  1. 1.
    Distribution rates are divided into phases.
  2. 2.
    The first reward distribution phase starts 10 days after the Origins NFT launch. This means the first LCO2 rewards for Origin stakers starts rolling 10 days after the Origins NFT launch..
  3. 3.
    First phase includes total of 8160 LCO2 carbon credits distributed among all Origin stakers
  4. 4.
    Emission rate is 1 LCO2 per 30 days, distributed every block.
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Staking