If you’ve ever wanted to try yield farming but had no idea where to start, we’ve got some great news.
Elitium’s NFT farming platform is for you. NFT farming is yield farming in its simplest form, enabling people like you to generate bitcoin, ethereum, and other token-based rewards in just a few clicks.
All you have to do is buy an NFT and add it to the upcoming platform (launch date is sooner than you think!), and Elitium will handle the rest.
It’s one, two, three — go!
An effortless way to get crypto rewards
There are three standard ways to generate crypto rewards.
You can set up a mining rig (not cheap, not easy), run a validator node (cheap, but not easy) or use a DeFi app (sometimes cheap, but rarely easy).
That was until Elitium dived into NFT farming, which uses a mix of staking protocols, DeFi applications, and validator nodes to generate crypto rewards, but it boils the process down into three simple steps.
This is all you have to do to generate weekly crypto rewards:
- Buy your NFT farmer: pick your favourite digital artwork, then choose which assets you want your farmer to harvest (more on this below).
- Add the NFT to your Elitium account: this activates the NFT farming process and tells the farmer where to deposit your rewards.
- Watch your wallet grow: your farmer handles the rest, delivering weekly crypto rewards straight to your wallet.
And the best part is — you’re free to withdraw your rewards to any wallet you like, but what rewards are on the menu?
Let’s look at that now.
Weekly crypto rewards in your favourite tokens
The core NFT farmer collection is on Ethereum.
Farmers also deliver rewards in a fixed amount of satoshis each week, meaning if you choose Ethereum rewards, you’ll get the same amount of ether added to your wallet every week for as long as you hold your NFT farmer.
Here’s a taster of the assets available via NFT farming:
This list is by no means exhaustive, but it gives you an idea of what kind of rewards you can harvest through NFT farming.
There’ll be over thirty different tokens on offer, with baskets broken down into categories focused on core web3 concepts, including decentralised finance (DeFi), metaverse plays, infrastructure tokens, and more.
Just remember: this is yield farming in its simplest form.
Build your stack in the bear market
As we said at the start.
If you’re looking to build a stack of bitcoin, ethereum, and other top digital assets but are unsure about mining or running a node, NFT farming is for you.
All you have to do is buy one NFT farmer, and it will harvest your rewards for the rest of time — or if you want to sell it when market sentiment turns, you’re free to do that, too. After all, the rewards are in satoshis, and their value can rise.
If they do, your NFT could rise in value as well. So forget about DeFi and stop worrying about yield farming.
Buy one NFT for a lifetime of crypto rewards.
Be first to know when NFT farming is live: follow Elitium on Twitter today.