docs.cXc.world
  • 🛠️Welcome
  • 🖼️Media NFTs on WAX
    • 🎸cXc Music NFT Standard
  • 🔒Loot 💰 NFT staking
    • 💰Quick Loot
    • 🖼️For Collection Admins
    • 📒Contract
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  1. Loot 💰 NFT staking

For Collection Admins

⚡️ Engaging your collectors

🌞 Setting Up Rewards for Collection Owners

To set up NFT staking rewards for your collection, follow these steps:

  • Step 1: Register as a User: Call regnewuser to register yourself on the contract if not already registered.

  • Step 2: Register Your Collection: Use setnftcolrew to register your collection with its reward parameters and time unit settings.

  • Step 3: Add Eligible NFT Templates: Call addtemplates to define which templates in your collection can be staked for rewards.

  • Step 4: Fund the Contract: Transfer the designated reward tokens to the contract with a memo stating your collection name, establishing a bank for rewards.

  • Step 5: Optional - Manage Templates: Adjust eligible templates or remove them as needed with addtemplates or rmtemplates. Read below for important info.

  • Step 6: Communicate with Your Community: Inform your community about the staking process, rewards, and any changes to ensure transparency and engagement.

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Last updated 1 year ago

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