Now, hot on the heels of our Power Generators flash sale, the celebrations continue and we are delighted to announce that all of our collaboration partners are now live on WhenStaking!
So any of your NFTs from us and our collab partners that are above the 40k VOID threshold can be staked, backed with VOID, and begin earning you a nice passive yield!
As you know, HodlGod and Void Supernaturals NFTs are already live for staking, and expanding the protocol to our other partners was always the plan. We’re so excited about it, that we’re starting off with some super-sized yields.
Starting right now… we will officially have SIX COLLECTIONS stakable within WhenStaking.
Here’s a rundown of the APRs we’re kicking off with:
WhenStaking Power Generators: 120%
DR-1 from DappRadar & Onessus (pictured above): 100%
We’re excited to announce that Void Supernaturals NFTs will be immediately stakable on WhenStaking!
This is a monumental development, marking a celebration of the Onessus-The Guild collaboration and the expansion of the WhenStaking platform.
Onessus’ collaboration with The Guild, Void Supernaturals drops on Nefty Blocks tomorrow, Oct 5th at 12pm EST and the collectibles will be immediately stakable on WhenStaking.
Void Supernaturals is a project celebrating the mythological characters that have accompanied human history and, in many ways, defined the human experience. The collectibles, created by 13 of The Guild’s finest artists, are the DAO’s first foray into the WAX universe, and Onessus’ couldn’t be happier to be partnering with them.
Void Supernaturals: Series One is the first in a three-series collaboration between Onessus and The Guild. The Series One collectible cards feature 32 characters, 6 rarity types, and a massive 12,064 card variations.
To celebrate the recent launch of our awesome NFT staking platform – which already has around 7% of the max supply of VOID tokens locked up and around 5,000 NFTs staked – we are holding a WhenStaking Power Generators event!
Buy some of our awesome new NFTs – Power Generators – the top buyers win cash prizes!
Stake an NFT in your wallet to WhenStaking for a chance to win a new NFT!
All collab partner NFTs will now be stakable!
We value our community, so this Power Generators event has three goals: to encourage our community to try out our staking platform to earn some passive VOID, to thank our loyal community with chances to win prizes, and to usher in broader horizons for WhenStaking by adding staking capabilities for our partner creators.
What’s on Offer?
We will be rewarding the top 8 Power Generators buyers with cash prizes of a total of $10k:
The top buyer gets the 1st prize of $5k;
The next three get $1k;
The next four get $500 each.
Not only that… the Power Generator NFTs will get a 120% APR boost if you stake them in the first week after the launch! So everyone wins!
That’s right! At the WhenStaking Power Generators event, the drinks are on us!
There is no whitelisting, so anyone can participate. Here are the details of the Power Generators NFTs:
And because this is a celebration of the continued work we are doing to make WhenStaking not just the fastest growing but also the best NFT staking protocol out there… we’re onboarding all of our collab partners!
As part of the festivities, we are expanding WhenStaking’s capabilities to make all Onessus collab NFTs stakable. We don’t have a precise time on this, but it will be soon after the Power Generators flash sale.
Let’s recap who those collab partners are, shall we?
Things may get a little boisterous at the Power Generators event but it wouldn’t be the same without our friends over at Boysterous Couture, the luxury accessories brand out of Charleston, South Carolina. Boysterous Couture have dipped their toes into the NFT scene of late, causing quite a lot of excitement.
The creators who blend science and art and the periodic table of elements to the creative industries will also have a seat at the Power Generators table. We can’t wait to have their sublime artwork on our WhenStaking platform.
The DappRadar-HodlGod collab project, DR-1 and all its parts, was the first foray into NFT minting from the world’s favorite Dapp, DeFi, and NFT analytics platform. We were proud to partner with them on DR-1, and are equally proud to have them on the WhenStaking platform.
The splendid collection of mythological characters that have defined the human experience over history, crafted by 13 amazing artists from The Guild, was a collaboration of epic proportions to be launched on Nefty Blocks on October 5th. We’re proud to onboard them onto the WhenStaking protocol.
After the Power Generators event is over, these partners’ NFTs will soon join HodlGod NFTs as WhenStaking stakable.
What’s a Party Unless Everyone’s Invited?
If, for whatever reason, these NFTs aren’t your style, you can still have a seat at the table. Everyone holding a stakable NFT in their wallet can join the party by staking. That puts you in the running to win NFTs. There are also prizes for the most VOID backed to staked NFTs and the most staked NFTs.
Cash prizes… extreme APR boosted NFTs… prizes for staking and backing with VOID… and our collab partners onboarded! All taking place on the fastest growing NFT staking platform in the world! Who wouldn’t want to be a part of it?
Pencil the date into your calendar: Oct 7th, 12pm EST for 10 mins only
WhenStaking is Onessus’ much-anticipated foray into the NFT marketplace arena. And this will be no ordinary NFT platform. WhenStaking is our premier, exclusive NFT staking protocol, opening up entirely new doors to what is possible with NFT staking.
We are innovative. We like to make things that are never-before-seen and that push the boundaries of possibilities. WhenStaking is a truly unique creation and there is nothing on the market like it. It is a gamified NFT marketplace and staking protocol that we hope will take NFTs to the very next level. Check out our quick Tutorial Video Part 1 to get a glimpse of how it all works.
Aaand LIFT OFF!
As a lot of what we are doing is entirely new, we thought it best to describe how WhenStaking will work and what you can expect through pre-emptive-FAQs (questions we imagine we might be asked). Here goes…
What is WhenStaking, In a Nutshell?
WhenStaking is an NFT staking protocol that will be home to quite a variety of NFTs from both Onessus’ suite of products, partner/collab NFTs, and more to come. It will be highly selective. In order to maximise value for our community and uphold the highest of standards, we’ll be approving only those projects we consider the best in quality to integrate with the protocol.
While there will be a variety of NFTs on WhenStaking, they will all share some common utility: they can be burned, lent, and will allow hodlers to stake VOID to them to level up their value and their potential to generate passive returns.
How Do I Stake an NFT on WhenStaking?
The process of staking an NFT with WhenStaking is outlined here. First, an APR of an NFT will be determined based on a number of factors. The collection, rarity, and average price will be used to calculate a base APR and a base staking capacity. Higher rarity and higher priced NFTs from more valued collections will have higher APRs and higher base staking capacity.
All NFTs integrated with WhenStaking will have a level, from 1 to 50. NFTs can level up with experience. Experience is calculated from the amount of VOID staked and the time an NFT is staked. The higher the VOID backing the NFT and the longer it is staked, the higher the yield. As NFTs level up in value, their base staking capacity increases – meaning NFTs staked for a long time will continue levelling up if the hodler continues to increase their VOID backing.
When you stake an NFT, you get your VOID yield paid out immediately and a clone of the NFT: a Lease NFT.
What Are Lease NFTs?
When you stake an NFT, you get the yield up front and a clone of the NFT that we’re calling a “Lease NFT”. The Lease NFT mechanism is in place to facilitate lending. Lease NFTs can be sold on the secondary marketplace, but what must be remembered is that Lease NFTs have an expiry, based on how long the original NFT is being staked for. So a Lease NFT’s yield will be bound by the time remaining to the expiry date.
There are two reasons why Lease NFTs might be valuable to other hodlers to buy. Firstly, Lease NFTs can be leveraged to take advantage of left over VOID staking capacity that the original NFT owner did not use. For example, if the original NFT hodler stakes 1,000 VOID tokens to it, and it has a staking capacity of 2,000 VOID tokens, the owner of the Lease NFT can stake the extra 1,000 VOID tokens to it, and earn a yield up to its expiration date.
The second reason someone may want to buy a Lease NFT is that they can be used for whatever utility the original NFT has. As an example, a Lease NFT of a HodlGod bounty contract can be used in-game just the same as the original bounty contract NFT.
Can I Burn My NFT as Well as Stake It?
Yes. NFTs can be burned to instantly liquidate their underlying VOID tokens, but you’ll only get approximately half of the NFT’s VOID value, depending on the NFT. Only by selling on the marketplace or by staking can you capture the full VOID value backing the NFT.
Staking NFTs gives WhenStaking its unique appeal and brings utility to all NFTs integrated with the protocol. While other NFT platforms can be static, WhenStaking is a completely dynamic protocol. NFTs can be staked, lent, leveled up, and burned. Fueled by $VOID, WhenStaking allows NFT hodlers to earn yield from their tokens and increase those yields as they level up their NFTs.
What is the APR I Can Expect to Earn?
The APR for each NFT will be 80%. This is a first month boost for our loyal community, and it is subject to change over time. It is also important to bear in mind that the VOID staking mechanics will make this around 40% in true returns.
For example, if you have an NFT worth $600, at an APR of 80%, you will earn a yield of $480. But you will also need to stake an equivalent amount of VOID tokens ($600) along with the NFT.
There is a base staking capacity of 40K VOID, so NFTs worth less than that will not be stakeable. We are working on setting up blending events where hodlers can combine lower priced NFTs into more expensive ones.
We expect there will be more frequently asked questions than we can possibly predict, so over time we’ll address these as they arise. Feel free to reach out to us on the Onessus Discord to ask any questions you may have.
Endless Possibilities in the Future
Please bear in mind: the protocol is in beta and there will be many enhancements and improvements over time as we develop it further.
For example, the WhenStaking protocol also allows for the integration of cool events in the future, like double yield weekends. Over the long term, we plan to expand to accommodate other networks, bridging NFTs from all over the cryptosphere, expanding beyond WAX.
We have crafted WhenStaking to create a new standard for the industry. Static NFT marketplaces are great. But we want to take the sector one giant step further. WhenStaking is a beast: a protocol powered to do things and create opportunities that haven’t been seen before.
We’re pretty proud to unveil it, too. At Onessus we have always been committed to genuine innovation, so any NFT staking protocol we developed had to be in line with that focus.
With support from the community, WhenStaking will thrive. We’ve already had many submissions from NFT creators seeking to have their work integrated with the protocol. We are seeking only the best of the best.
We’re here to bring fresh and exciting ideas to the space and to push boundaries. That’s in Onessus’ DNA.
And we’re confident WhenStaking will become emblematic of that.
Don’t forget to keep in touch through our socials and our website for more updates: