NFT Series 0 Farm for OnX Stakers
What is it?
These Series 0 Staked OnX NFT rewards are a proof of participation NFT. Right now they are a limited edition collector's item for fun, but there may be some benefits associated with owning this token in the future.
There will be 165 total ever made. 50 of each OnX Element will be available to stakers and 1 of each for the 5 members of the NFTeam.
OnX is always growing and NFTs are a very exciting aspect of the crypto market! In the future OnX NFTs may carry with them certain benefits to ownership, think of this as a bit of a pilot program for now.
We also wanted to add new and fun elements to staking OnX by bringing utility to the sONX tokens you have sitting idle in your wallets!
Depending on the success of this wave, we may release more "element" NFTs in the near future to keep things fresh.
Why haven't I heard about this until now?
The team has been busy building the core elements of the OnX platform and negotiating deals with some of the biggest names in Crypto.
One of our team members noticed an energy dip in the Telegram chats between releases and decided to take on this NFT project to inject a bit of fun and excitement while development of the core assets was happening.
The creation and distribution of these NFTs has taken 0 attention away from the core elements of OnX.
Right now! Why not?
How to get your Staked OnX NFT rewards!
If you have OnX staked on the OnX platform, you have a token in your wallet called "sONX", the address for this token is:
(Do NOT sell or trade this token. Losing possession of this token will result in you losing your staked OnX)
At the top of this screen, go to "Staking Options" and click "Stake" then choose an amount between 100 and 1000 sONX. You will now have to approve the transaction (You will only have to do this once) it should be about $4 - $8 in ETH for this step Then you need to click "Stake Now!" (This step should cost about $20 in ETH)
After it processes, you'll notice the number at the top now says "Staking 500.000000 SONX" and the "EARNED" points will start to go up. However, many sONX you stake is how many points you will earn in 24 hours. So if you stake 100 sONX, you will get 100 points every 24 hours.
The amount of points needed to redeem any of the NFT options are indicated under each of the NFTs. Once you reach the needed amount of points to redeem an NFT, simply click "redeem" under the desired selection. To see your collection of NFTs, please look at the left of the screen and click "Your Wallet" and then "Wallet Options" "Register Collection" Paste this collection address:
You are now the proud owner of an OnX NFT!
These NFTs can be seen in your MetaMask wallet (on mobile under "collectables") on OpenSea or in your Unifty wallet.
Side Note: The number of staked OnX shown on your OnX dashboard will decline by the amount you stake on Unifty but rest assured, you are still collecting rewards on it and you are still getting compound APY.
How long will it take to farm an NFT with my sONX?
If you stake the max amount (1000 sONX) it will take you 3 days to farm enough points to get a Series 0 Element NFT If you stake half that amount (500 sONX) it will take 6 days. Etc...
If you have any questions, please feel free to ask :-)
If you are new to NFTs in general, please do a bit of research first since a lot of the basic stuff can be answered easily with google.