Community Finance Whitepaper
  • Whitepaper Overview
  • Roadmap
  • Protocol Overview
  • Basics
    • Welcome to Community Market
    • Useful Resources
  • Limitations on Current Stable-Swap Protocols
    • Impermanent Loss
    • Capital Inefficiencies
    • User Experience
    • User Benefits
  • Enhanced Features
    • Auto-Allocations
    • Auto-Balance
    • Auto-Compound
  • Stableswap Details
    • Asset Liability Management
    • Liquidity providers
    • Asset listing & Governance
  • RY - REALYIELD
    • Utility
    • Token Details
  • veRY - veREALYIELD
    • Utility
    • Token Details
  • Liquidity Mining
    • Liquidity Pool Fees
  • Incentives
    • Liquidity Incentives
    • Swap Incentives
    • Partner Program
  • How to use Community Market
    • Providing Liquidity
    • Swapping
      • Asset Swaps
      • Exchanging Tokens
    • Liquidity Mining
      • Preparatory Steps
      • Import $RY as a custom token
      • (I) Deposit and Staking LP Tokens
      • ​ (II) Collecting Rewards & Withdrawing Liquidity
      • Withdraw in other asset
      • (III) Stake Your NFT To Farm $veRY
  • NFT OVERVIEW
    • The Yield Ones
    • Collectible Value
    • Levels
    • Types
  • NFT Fundamentals
    • Web3
    • NFT Market
    • Ownership
    • The Future
  • FAQ
    • Frequently asked questions
      • What will be token for Community Market?
      • What markets is the $REALYIELD token traded on?
      • Other questions?
      • Which wallets can I use to swap on Market?
      • What happens if one of the coins in a pool loses its peg?
    • Other questions?
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  1. How to use Community Market
  2. Liquidity Mining

(III) Stake Your NFT To Farm $veRY

PreviousWithdraw in other assetNextThe Yield Ones

Last updated 2 years ago

Depositors can receive additional pool fees and boost their APR by staking an NFT and leveling it up.

$veRY will be generated from a staked NFT and its level based on the Daily veRY Allocation (DVA). This Daily veRY Allocation will display on the NFT tab.

Your NFT will produce a maximum $veRY equal to 300 times the Daily veRY Allocation (DVA) correspondent to its level.

To increase your $veRY generation, you “Level Up” your NFT.

You accrue $veRY every second that you have an NFT staked. In the NFT Staking menu, you’ll find your $veRY balance and the mine rate of $veRY per day.

You will be able to level up your NFT by burning $RY.

After your Yield One NFT is added or leveled up, your booster APR % will appear in your staked pool view.

You can withdraw your NFT any time. However, your accumulated $veRY will drop to 0 as soon as you unstake.

$veRY is neither transferable nor tradable.

Genesis Yield Ones

In addition to $veRY, genesis Yield Ones NFT will auto-generate $RY when staked.

Placeholder image not representative of final NFT staking dashboard.