The launch of The Sandbox NFT Staking Program by Binance NFT is a cause for excitement. The objective of this program is to encourage participation from The Sandbox community. By staking their LAND NFTs on the Polygon network, users can earn daily rewards.
Binance NFT Introduces The Sandbox NFT Staking Program
Binance NFT, a non-fungible token (NFT) platform owned by Binance, has announced the launch of The Sandbox NFT Staking Program, aimed at engaging The Sandbox community. The program allows users to stake their LAND NFTs held on the Polygon network and receive daily rewards. Flexible Term subscriptions are exclusively offered by The Sandbox NFT Staking Program, and users do not need to hold SAND tokens to stake their LAND NFTs. SAND daily rewards are determined based on the real-time annual percentage rate (APR) displayed on the program’s webpage. Binance NFT will not charge gas fees for LAND NFT staking and unstaking requests via the program.
Binance is the only third-party platform that provides The Sandbox NFT staking, and the program runs from April 28, 2023 (UTC) to July 5, 2023 (UTC). Binance NFT will announce future updates separately on its Telegram, Twitter, Discord, and Instagram channels. Please note that the program only supports LAND NFTs held on the Polygon network, not the Ethereum mainnet.
Users with LAND NFTs on the Ethereum network can participate by bridging their LAND NFTs to the Polygon network and depositing them into Binance. The Sandbox’s website provides a step-by-step guide, and additional information is available in the FAQ section.
Binance NFT is launching a special promotion for early bird users who stake their LAND NFTs on the Polygon network in The Sandbox NFT Staking Program. From April 28, 2023, 09:00 (UTC) to May 25, 2023, 23:59 (UTC), users who stake for more than 14 days during the promotion period will qualify to share a dynamic prize pool of up to 20,000 SAND in token vouchers, according to the promotion rules.
About Binance NFT
Binance NFT is a non-fungible token (NFT) platform owned by Binance, one of the world’s largest cryptocurrency exchanges. The platform allows users to buy, sell, and trade various NFTs, including artwork, collectibles, and gaming assets. Binance NFT supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon, enabling users to access a broad range of NFTs.
Binance NFT aims to make NFTs more accessible and user-friendly by offering a simple and intuitive platform. Users can easily create, buy, and sell NFTs on the platform, and Binance NFT provides various tools and resources to help users navigate the world of NFTs.
In addition to its NFT marketplace, Binance NFT offers various programs and initiatives, such as The Sandbox NFT Staking Program, aimed at engaging the NFT community and providing new opportunities for NFT enthusiasts. The platform is also committed to supporting NFT creators and artists by providing them with a platform to showcase and monetize their work.
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