🥩Staking

Introduction

Welcome to Wonderland's NFT Staking!

This guide will help you stake your Wonderland NFTs to earn rewards in our exclusive tokens. By actively participating and staking your NFTs, you can unlock bonus rewards and become an integral part of the Wonderland community.

Supported NFTs and Reward Tokens

Wonderland supports staking for the following five NFT collections. When you stake NFTs from any collection, you'll earn rewards in all five tokens. Additionally, staking a specific NFT grants you extra rewards in its corresponding token.

BUNS NFTs – Earn all tokens, with extra BUNS tokens ALICE NFTs – Earn all tokens, with extra ALICE tokens HATTER NFTs – Earn all tokens, with extra HATTER tokens CHESHIRE NFTs – Earn all tokens, with extra CHESHIRE tokens QUEEN NFTs – Earn all tokens, with extra QUEEN tokens

Earning Boost with All Five NFTs

Activate Bonus Multiplier: Staking all 5 NFTs from each of the collections to activate a 20% bonus multiplier on all your rewards.

Maximize Earnings: This bonus significantly boosts your total rewards, making it advantageous to collect and stake NFTs from all collections.

Automatic Activation: Once you have all five NFTs staked, the bonus multiplier is automatically applied to your reward calculations. The staking contract allows you to stake your NFTs from these five collections and earn rewards in five different PRC20 tokens. By staking NFTs from all five collections, you unlock a bonus multiplier, increasing your overall rewards. This guide will walk you through the staking/unstaking process, reward calculations, and how to manage your staked NFTs.

How to Stake Your NFTs

Step 1: Connect Your Wallet

Ensure your wallet is connected to the Wonderland platform. Supported wallets include MetaMask and other Ethereum-compatible wallets.

Step 2: Access the Staking Portal

Navigate to the Staking section on the Wonderland platform to view your available NFTs for staking.

Step 3: Select NFTs to Stake

Choose Your NFTs: Select the NFTs you wish to stake from the five supported collections. Verify Ownership: Ensure the NFTs are in your connected wallet.

Step 4: Stake Your NFTs

Initiate Staking: Click the Stake button next to each NFT you want to stake. Confirm Transaction: Approve the staking transaction in your wallet. Confirmation Once the transaction is confirmed, your NFTs will be securely staked, and you'll start earning rewards immediately.

Unstaking Your NFTs

Step 1: View Staked NFTs

Navigate to My Staked NFTs to see all NFTs you currently have staked.

Step 2: Select NFTs to Unstake

Choose NFTs: Select the NFTs you wish to unstake.

Consider Bonus Impact: Unstaking NFTs may affect your bonus multiplier if you no longer have at least one NFT from each collection staked.

Step 3: Unstake NFTs

Initiate Unstaking: Click the Unstake button next to the selected NFTs.

Confirm Transaction: Approve the unstaking transaction in your wallet.

Step 4: NFT Return After confirmation, your NFTs will be returned to your wallet.

How to Claim Rewards

Step 1: Access Your Rewards

Go to the Rewards section to view your total accumulated rewards for each token.

Step 2: Claim Your Rewards

Select Tokens: Choose which tokens you'd like to claim or opt to claim all at once.

Initiate Claim: Click the Claim Rewards button.

Confirm Transaction: Approve the transaction in your wallet.

Step 3: Receive Tokens

Once confirmed, the claimed tokens will be transferred directly to your wallet.

Training Your NFTs

Enhance your staking rewards by training your Wonderland NFTs! Training your NFTs allows you to increase your staking reward percentage, providing additional benefits and maximizing your earnings.

What is NFT Training?

NFT Training is a feature that enables you to invest PLS tokens to improve your NFT's staking reward rate. By training your NFTs, you can achieve small incremental percentage increases in your rewards. Occasionally, you might experience significant boosts, enhancing your overall staking profitability.

Random Percentage Increase:

Upon successful training, your NFT's staking reward rate will increase by a randomly determined percentage.

Chance for Big Wins:

While most training sessions yield small increments, there's a possibility of receiving a substantial boost to your reward rate.

Frequently Asked Questions

Can I stake multiple NFTs from the same collection?

No, each wallet is limited to staking one NFT per collection. You can stake only one NFT from each of the five collections at a time. This means the maximum number of NFTs you can stake simultaneously is five—one from each collection. This limitation ensures fairness and encourages participation across all NFT collections.

Do I need to stake all five NFTs at once to get the bonus?

No. You can stake NFTs from different collections at different times. Once you have at least one NFT from each collection staked, the 20% bonus multiplier will activate.

What happens to my rewards if I unstake an NFT?

When you unstake an NFT, any unclaimed rewards up to that point will be available for you to claim. However, if unstaking reduces your holdings below one NFT from each collection, the bonus multiplier will no longer apply.

Will I still earn all tokens if I only stake one NFT?

Yes! Even if you stake a single NFT from one collection, you'll earn rewards in all five tokens, with a higher proportion of the token corresponding to your staked NFT.