EverRise Adds NFT Staking Lab with Cross-Chain Bridging Capabilities

EverRise Cross-Chain NFT Staking Lab

EverRise has developed a cross-chain Non-Fungible Token (NFT) staking lab that lets RISE holders create on-chain staking contracts that are bridgeable to five blockchains.

The Staking Lab requires users to stake their RISE tokens in the staking lab which creates an on-chain NFT of those assets that can be traded, transferred, and bridged to BNB Chain, Ethereum, Polygon, Avalanche, and Fantom. NFTs are directly available in compatible Decentralized Finance (DeFi) wallets and can be traded on platforms like OpenSea.

Users are incentivized through an automated buyback protocol where staked RISE provides proportional rewards to stakers. 

The new staking lab is a major Degen play that lets users search out the top gains across different chains. Be aware that stakes are only allowed in monthlong increments, so it does not give ultimate flexibility. 

There is currently over 61% of RISE tokens staked across all blockchains, with BNB Chain registering the highest percentage at nearly 40% of tokens staked. 

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What is EverRise:

EverRise is a blockchain technology firm that provides bridging and security solutions across various blockchain networks enabled by an ecosystem of dApps (Decentralized Applications). The team consists of cryptocurrency enthusiasts that aim to make the Decentralized Finance (DeFi) ecosystem better. The main objective of the company’s ecosystem is to provide tools to the market so that it can self-regulate and provide assurance to the participants, which would allow DeFi to reach its true potential.

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Find more about EverRise here:‍

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