frens, if you've ever read any of my posts, you might know that I'm a huge fan of the WAX blockchain. I've written about it a number of times as well as a plethora of projects built on it. NeftyBlocks is doing something awesome for the WAX space!
Trade to Earn Launches Today!
If you haven't heard of NeftyBlocks, it's one of the most popular NFT marketplaces on the the WAX blockchain with some killer features. Second only to AtomicHub, for now at least, it offers a variety of ways for NFT collectors and creators to earn. Some time ago, they launched their very own $NEFTY token and did a pretty big airdrop to anyone that's used the platform for buying or selling NFTs. I got a very small drop as I hadn't been using the platform for very long and I hadn't been buying as much but hey, free crypto is free crypto. I immediately just staked it to start earning more NEFTY weekly. As they've proved time and time again, they are all about giving back to the community. In the crypto and NFT spaces, community is extremely important. Clearly, NeftyBlocks recognizes this and starting today, they're sharing 100% of the secondary market fees with NEFTY stakers. WHAT! They take 2% of every secondary market sale on their platform and 100% of that profit is going to be distributed to NEFTY stakers.
This campaign is going to last forever. Starting at 100% for the first 2 months, 75% for the seconds 2 months, and 50% for the 3rd 2 month period. After that, 25% of the secondary market fees will be shared with stakers forever. That's a huge percentage of their profits! On top of this, you can provide liquidity to the NEFTY/WAX trading pair and earn your share of 80,000 NEFTY per week! Then stake your earnings to earn even more. Earnings on earnings. Compound everything. Of course there's more to this announcement. They couldn't help but drops a ton of opportunity on us. They're allocating 70,000 NEFTY to a pool for listers, buyers, and sellers to claim daily. So you can literally do what you were already doing - buying and selling NFTs - on the platform and earn your share of daily rewards! All rewards can be claimed daily on the NeftyBlocks reward page.
All earnings are automatically staked in your wallet and are subject to a 72 hours unlock period for unstaking. This is a great thing because it's going to automatically compound your daily staking rewards in both NEFTY and WAXp. If you happen to be an NFT creator and have a ton of listings on AtomicHub or another marketplace... They have this awesome tool to migrate your listings over to their marketplace very easily. This will make your listings eligible for NEFTY rewards! Starting to sound too good to be true for the NFT space? Well get this - they're also introducing a burn mechanism for NEFTY tokens. With current volumes, they're gunna be burning 50,000 NEFTY per week which should help the price be more stable. Confused? They dropped a great explainer video which I encourage you to check out below.
With WAX being the best blockchain for NFTs and gaming, it's important we get this information to as many creators and collectors as possible. WAX is insanely fast, free, and carbon neutral. Purpose built for NFTs and blockchain gaming.
All images are from the original announcement linked above.
Thanks for reading! Much love.
Links 'n Shit
| Play to Earn | Read emails, Earn Crypto | Get free crypto every day | Get a WAX wallet |
|---|---|---|---|
| Gods Unchained | ListNerds | PipeFlare | WAX.io |
| Splinterlands | GoodDollar | ||
| Rising Star | FoldApp |