🥩NFT Staking

aka Staking for $SNIFF

We think that NFT staking and the staking meta should be treated as an ancillary function to a successful NFT project, not as the linchpin feature of one. Staking with your Noses should not be seen as earning passive income, but as being rewarded for your prolonged support and loyalty to the project and the team.

The $SNIFF token is first and foremost a social/utility token, and providing liquidity to the token is the last thing on our to-do list. Any value that comes to the token should come from the organic perception of the token and be determined by the free market, via the Famous Token Market.

BUIDL: As much as we'd like to build our own tools, we do not want to reinvent the wheel if we do not need to. For staking, @_ilmoi already did a great job buidling Gem Farm, which fits our use-case and is completely open-sourced.

Sniffing (aka Staking) 🥩

We will be using Gem Farm, with a customised self-hosted UI.

Rewarding Conviction and Consistency

The longer uninterrupted periods you stake, the more $SNIFF you get.

Potential features to be built on top:

Faction Sniffing Competitions: The faction with the highest number of Noses staked will win something.