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Single-sided staking offers flexibility, allowing users to withdraw their stake whenever necessary, 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 GameFi platform that simulates farming, has launched its long-awaited single-sided staking feature, bringing instant rewards to the decentralized gaming space.
According to a press release shared with CoinJournal, the platform—whose gamification tools focus on the DeFi sector—also announced that the public sale of its Gen-0 NFTs closed in just minutes due to overwhelming demand.
DeFi Land’s single-sided staking, integrated into the web-based game simulator, lets users stake the native DFL token while receiving “immediately available rewards.” This staking mode generates rewards per second, offering greater flexibility by enabling investors to start earning from their positions sooner.
Stakers can claim accumulated rewards once every seven days, and locked DFL stakes are available with durations ranging from 0 to 104 weeks. Holding a stake for longer periods yields higher APY (annual percentage yield).
In addition to higher yields, long-term stakers become eligible for free non-fungible tokens (NFTs) and whitelist access to upcoming project drops and features.
Users can stake DFL either through the DeFi Land website or directly within the game interface.
DeFi Land also completed the sale of its Gen-0 NFTs—items that unlock play-to-earn (P2E) game features for holders. Whitelisted users had access to 7,500 seed NFTs, while the public sale of the remaining tokens sold out in just 80 seconds amid strong demand, the team said.
The gamified decentralized finance platform launched its mainnet beta in Q3 2021 and supports integration across several chains and protocols, including Orca, SolFarm and Saber. The roadmap includes a Solana-based NFT marketplace and additional Solana integrations to expand the ecosystem.