Humswap is launching its NFT staking feature, planned to go live at 2:30 a.m. (UTC) on May 19, 2022. Staking will be available for the BOWL collection, with plans to enable this functionality for the Ants and Tiger NFT collections. Other non-Humswap projects could also be added in the future.
Humswap is a DeFi platform built on Neo N3 that aims to offer liquidity pools for various tokens, a marketplace for NFTs, token swapping, and games.
When staking a BOWL NFT, users will receive HUMS NEP-17 token rewards. HUMS is the platform’s utility token, which can be used to acquire future NFTs. It will also be used in an upcoming game, resulting from a partnership with DogeRift. When unstaking BOWLs, there will be no lock-up period allowing users to move or trade the NFT immediately.
The full announcement can be found at the link below: