New This Week: NFT Farming Is Coming To Avalanche And Fantom

As we told you last week, “NFT farming is coming to Elitium!’

NFT farming is just yield farming in its simplest form. Buy an NFT, and our platform will harvest crypto rewards on your behalf.

We’ll share more details about the specific rewards soon. For now, just know that your NFT farmer will add your rewards to your wallet every week. Polygon will power part of the solution, and another part will sit on the Ethereum blockchain.

But as we want to offer you the ultimate multi-chain NFT farming experience, we’re already working on two more blockchains. NFT farming is coming to Avalanche and Fantom, and you’ll soon see more blockchains added to the mix.

But first up, let’s introduce you to these new chains.

NFT farming on Avalanche

Avalanche is one of the fastest smart contract platforms in the industry.

The layer-one blockchain offers superfast, ultra-low-cost transactions, attracting a raft of decentralised applications to its network.

Avalanche is also fully compatible with Ethereum assets, apps, and tools and offers faster speeds, higher throughput, and lower fees. That’s why its DeFi ecosystem is growing so quickly, making it impossible to ignore.

Elitium will offer NFT farming on Avalanche, including a variety of the chain’s top digital assets in each basket of rewards.

Follow Elitium on Twitter for new updates as soon as they drop.

NFT farming on Fantom

Fantom is another highly scalable layer one blockchain.

It offers a fast, high-throughput smart contract platform for digital assets and DeFi apps, making it another great candidate for NFT farming.

Some of Elitium’s favourite dApps operate on Fantom, including Aave, Curve Finance, and Yearn Finance. Which is why we know NFT farming on Fantom will be a lucrative experience, and we couldn’t be happier to be working with the chain.

A multi-chain experience

By making NFT farming multi-chain, we can offer 200 unique tokens spread across the top blockchains.

Each token will offer a different basket of incentives, but they’ll all have the same singular focus: to enable people like you to generate rewards for the rest of your life, all by holding one NFT. This is a launch you won’t want to miss.

Get ready for lift-off: follow us on Twitter for news on when it drops.