Diamond Staking
Diamond staking is a unique feature offered by Diamore that allows you to earn rewards by temporarily locking your purchased diamonds. The percentage of rewards earned depends on various factors, including the size, value, and rarity of the diamond, as well as other parameters.
How It Works
When you stake a diamond, it remains securely stored in our vault, and a corresponding NFT is transferred to the staking contract for a fixed period of 3, 6, or 12 months. During this time, you will earn rewards based on the attributes of your staked diamond.
Staking Periods and Rewards
The longer you stake your diamond, the higher the potential rewards. However, it's important to note that if you need to withdraw your diamond before the end of the staking period, you will forfeit any earned rewards.
Withdrawal Rights
Diamore reserves the right to withdraw your diamond from staking within a week's notice. This measure ensures the integrity and liquidity of our diamond inventory, allowing us to maintain a healthy marketplace
Last updated