Glossary

Term

Description

NFT

A collection of ERC721/ERC1155 compliant collections on blockchain

Original NFT

The NFT supported by StarBlock DAO staking contract and can be staked to generate WNFT

Wrapped NFT

A wrapped collection of the original NFT collection, which is equivalent to the original NFT and can be traded arbitrarily

WNFT

Short for Wrapped NFT

NFT Farming

Staking the original NFT will reward the governance token STB and get WNFT

Deposit NFT

The operation of staking original NFT as WNFT and will receive STB farming rewards continuously

Withdraw NFT

The operation of unstaking WNFT to original NFT, and at the same time, you will receive STB farming rewards

WNFT Trading Farming

The platform revenue generated by WNFT during the trading process will be returned to users in the form of STB

STB Staking

Stake STB to the farming pool, you will receive STB rewards and WETH income dividends

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