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Single-sided staking provides flexibility that allows users to exit staking when needed, with rewards claimable once every seven days.
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The platform’s Gen-0 NFT public sale sold out in just 80 seconds
DeFi Land, a multichain agricultural simulation GameFi platform, has announced the launch of its long-awaited single-sided staking feature, delivering immediate reward opportunities to the decentralized gaming ecosystem.
The platform, which tailors its gamification features to the DeFi sector, also revealed that its public sale of Gen-0 NFTs was snapped up within minutes, according to a press release shared with CoinJournal.
According to the online game simulator, DeFi Land’s single-sided staking allows users to stake native DFL tokens with the benefit of “earning instantly accessible rewards.” This single-sided option distributes rewards per second, providing flexibility that enables investors to capitalize on their positions more quickly.
DeFi Land states that holders can claim rewards once every seven days, with locked DFL staking durations ranging from 0 to 104 weeks. Maintaining a stake for a longer period yields a higher APY (annual percentage yield).
In addition, long-term participants have the opportunity to receive complimentary non-fungible tokens (NFTs) and whitelist access to the project’s future drops.
Users can stake DFL through DeFi Land’s website or directly within the game.
The team also completed the sale of its Gen-0 NFTs—tokens that grant holders access to play-to-earn (P2E) features within the game. Whitelisted users were able to claim 7,500 NFT seeds, while the public allocation sold out in just 80 seconds amid high demand, the team noted.
The gamified decentralized finance platform launched its mainnet beta in Q3 2021 and supports integrations across multiple chains, including Orca, SolFarm and Sabre. The roadmap includes a dedicated NFT marketplace and additional Solana-based integrations.