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Lympo NFT Platform
  • Release Notes
    • v2.0 Notes – July 14th, 2022
    • v2.1 Notes - August 9th, 2022
    • v2.2 Notes - August 30th, 2022
    • v2.3 Notes - September 9th, 2022
    • v2.3.1 Notes - September 20th, 2022
    • v2.3.2 Notes - October 14th, 2022
    • v2.4.0 Notes - December 9th, 2022
    • v2.4.1 Notes - December 30th, 2022
    • v2.5.0 Notes - February 15th, 2023
    • v2.6.0 Notes - March 6th, 2023
    • v2.7.0 Notes - April 24th, 2023
  • LYMPO NFT STAKING UPDATE
    • 🏅Introducing the Lympo NFT Staking
    • NFT Staking Functionality
    • Staking Pools
      • Contender I Pool
        • Step-by-Step Guide
      • Champion I Pool
        • Step-by-Step Guide
      • Champion II Pool
        • Step-by-Step Guide
      • Champion III Pool
        • Step-by-Step Guide
  • Lympo NFT Minting Update
    • 🏆Introducing the New Lympo NFT Minting Platform
    • Introducing The Lympo DAO
    • Lympo NFT Collection V2.0
    • ❗Launching The Utility Pool
    • ❗Introducing New Items
    • Launch of Trophy room
    • Launch of Unstake tokens section
    • Launch of The Lympo Airdrop Page
    • Existing Pool Updates and Structure Changes
      • Athlete Pool – Updated & Re-issued
      • o'Lympian Pool – Removed
      • REVV Motorsports Pool – Updated
      • Sandbox Pool – Updated
      • Blockchain Heroes Pool – Updated & Re-issued
    • Existing NFT Re-minting & Airdropping
      • Airdrop of Lympo Medals
      • Airdrop of Utility Pool Keys
      • Airdrop of SPORT Tokens
      • Airdrop of wETH
      • Airdrop of Minting Cards
      • Airdrop of Athlete NFTs
      • Airdrop of Blockchain Heroes NFTs
      • Airdrop of Exclusive NFTs
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  1. LYMPO NFT STAKING UPDATE

Staking Pools

Everything you may need to know about Lympo NFT Staking Pools.

PreviousNFT Staking FunctionalityNextContender I Pool

Last updated 2 years ago

All pools will require Lympo NFTs to be paired with specific tokens and then staked. Some pools will require a certain kind of collection or card rarity to enter.

Each staking pool will have a set amount of $SPORT or partner tokens, that can be earned through staking.

The staking reward mechanism varies amongst pools.

Once all tokens are distributed, the staking pool will be closed and the staked NFTs and tokens will go back to the user wallet.

Rewards are calculated by a second from the moment staking begins. Tokens earned can be collected as often as wanted without unstaking the NFTs.

Depending on the pool, unstaking fees might apply.

An example of Lympo Staking Pools