Staking XIL on Ferrum Network
Dear ProjectX Community,
We are incredibly excited to offer staking solutions for our token holders in partnership with Ferrum Networks!
About ProjectX
ProjectX solves the problems associated with the lack of transparency and complications in the NFT market by making NFT investments liquid, accessible, and secure through its unique and dynamic NFT-pegged ETFs. Additionally, it makes NFT collecting more lucrative and beneficial for all by offering an array of liquidity mining & rewards farming programs. Due to the NFT/ DeFi nature of the project, ProjectX in particular addresses the market of cryptocurrency trading and yield-based investments (specifically to the DeFi and NFT market).
By further developing the use of indexes and ETFs, it aims to create different themed pools of NFTs — which include Music, Digital Art, Sports Cards, and KOL issued NFTs within its unique platform. This development will assist both Institutional and Public adoption — driven by hundreds of large-scale and Tier-1 entertainment corporations .
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Why stake XIL?
There are a Xillion reasons, but mentioned below are a few of them:
- This shields investors from the market volatility, because by staking tokens you earn up to 150% APY. Even if the market goes down in a short term correction, you will still earn.
- It’s the perfect way to HODL. If you believe in the projectX and think XIL will be valued way more in the future, then stake your tokens and earn rewards while waiting for the moon blast!
- Unique NFTs. It was a secret, but we can make some hints now. All of the stakers will get a unique NFT drop from celebrities. One can think of this as a way to get super rare NFTs from their favorite NBA player + Get rewards for staking + Get an upside from the token price. Sounds too good to be true, but it’s true! The only one thing you need to pay attention to is the fact that capacity of all the pools is limited, so if you want to get all the benefits we just described — go ahead and buy and stake your $XIL!
How do I stake my $XIL tokens?
Once you purchase your $XIL tokens — simply head over to https://www.projectxnft.com/staking and select how many tokens you would like to stake!
You can easily connect your Metamask wallet to participate in staking! Holders can choose from 2 unique staking pools:
HODLER
Staking Eligibility Dates — 09/09/2021–09/12/2021 (16:00 UTC)
Staking Terms
XIL Cap:2,500,000
Mandatory Lock: 35 days
Early Reward Return (APY): 30%
Maturity Date: 60 days
Maturity Return (APY): 100%
XILLIONER
Staking Eligibility Dates — 09/09/2021–09/12/2021 (16:00 UTC)
Staking Terms
XIL Cap:1,500,000
Mandatory Lock: 30 days
Early Reward Return (APY): 0%
Maturity Date: 60 days
Maturity Return (APY): 150%
Note: Our staking dashboard was developed in partnership with Ferrum Networks, and the contribution pages are hosted on unifyre.io. You will be redirected here once you click the button “Stake $XIL” on https://www.projectxnft.com/staking
LET’S STAKE IT!
About ProjectX
ProjectX solves the problems associated with the lack of transparency and complications in the NFT market by making NFT investments liquid, accessible, and secure through its unique and dynamic NFT-pegged ETFs. Additionally, it makes NFT collecting more lucrative and beneficial for all by offering an array of liquidity mining & rewards farming programs. Due to the NFT/ DeFi nature of the project, ProjectX in particular addresses the market of cryptocurrency trading and yield-based investments (specifically to the DeFi and NFT market).
By further developing the use of indexes and ETFs, it aims to create different themed pools of NFTs — which include Music, Digital Art, Sports Cards, and KOL issued NFTs within its unique platform. This development will assist both Institutional and Public adoption — driven by hundreds of large-scale and Tier-1 entertainment corporations .
