Binance NFT introduces the Sandbox NFT Staking Program to engage the Sandbox (SAND) community.
Paris, France, April 28, 2023, Chainwire
Binance NFT, the leading global cryptocurrency exchange and non-fungible token (NFT) platform, is pleased to announce the launch of The Sandbox NFT Staking Program. This initiative aims to engage the Sandbox (SAND) community by allowing users to stake LAND NFTs held on the Polygon network and earn daily rewards.
The Sandbox NFT Staking program offers exclusive flexible term subscription and users are not required to hold SAND tokens to stake their LAND NFTs.
TRUE Daily Rewards will be determined based on the real-time APR displayed on the program’s website. Binance NFT will not charge any gas fees for LAND NFT staking and unstaking requests via the program.
Binance is the only third-party platform offering The Sandbox NFT staking, with the first program running from April 28, 2023 (UTC) to July 5, 2023 (UTC). Future updates will be announced separately on Binance NFT’s Telegram, Twitter, Discord and Instagram channels.
Please note that the program only supports LAND NFTs held on the Polygon network, not the Ethereum network.
Users with LAND NFTs on the Ethereum network can participate by bridging their LAND NFTs to the Polygon network and depositing them into Binance. For a step-by-step guide, visit The Sandbox’s website. Further information can be found in the FAQ section.
Special offer: From April 28, 2023, 09:00 (UTC) to May 25, 2023, 23:59 (UTC), Binance NFT is also launching a promotion for early bird users who stake their LAND NFTs on the Polygon network in The Sandbox NFT Staking Program. Users who bet for more than 14 days during the promotion period will be eligible to share a dynamic prize pool of up to 20,000 SAND in token vouchers, according to the promotion rules. For more information, see the announcement.
For the latest news and updates on The Sandbox NFT Staking Program, follow Binance NFT on TwitterTelegram, Discord and Instagram.
About Binance NFT
Binance NFT, the official NFT marketplace of Binance, offers an open market for artists, creators, crypto enthusiasts, NFT collectors and creative fans worldwide with the best liquidity rates and minimal fees. Binance NFT has a wide variety of valuable collectibles readily available to Binance’s user base of over 90 million users.
For more information, visit binance.com/en/nft. For creative and artist collaboration, [email protected].
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