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How to Eject and Deploy Position Swap NFTs


Position Exchange has developed a new NFT protocol and introduced Crypto NFTs as a brand new feature. You can create NFTs with unique characteristics and different rarities (by depositing the POSI tokens) and then place NFTs in NFT pools. NFT pools to earn rewards.

Prepare

NFT deployments require a bit of effort to set up.

You need “NFT cards” to use them for the pools. NFT pools only accept NFT cards for stakes.

To acquire these NFT cards, you must first cast them on the NFT side.

It might sound intimidating, but it’s not too difficult. Let’s go through it step by step

Casting of NFTs

Visit the NFT website to connect the wallet. You can view the list of accessible NFT maps.

Each NFT card comes with an efficiency and a mining efficiency. You can check the details by clicking on the map.

To use Cast NFT you need POSI in your account.

No minimum POSI is required to purchase NFT cards. You can use NFTs with a POSI. You can also cast NFTs with 5 POSI. Of course, if you have a POSI of 5000, the mining power is much greater and you will get more cash rewards. For example: 1. You need the The POSI to use NFT. Then you get the most powerful card, namely the BOSS NFT. POWER = CARD MINING EFFICIENCY x POSI Nominal POWER = 180% x 1 = 1.8POSI

2. You use the 5000 POSI to cast NFT and get the lowest power card, which is the pawn. NFT POWER is MINING EFFICIENCY OF THE CARD * POSI nominal POWER = 110 percent x 5000 = 5,500 POSI It is important to note: It is important to note that the NFT casting process is completely random and not constrained by the POSI casting process used Process is affected when casting. The larger the POSI denomination becomes, the greater your power.

Cast NFTs

To cast an NFT, choose what amount of POSI you want to use. (POSI par value) and then click “Cast NFTs”

A pop-up will appear to remind you that casting NFT randomly locks your tokens for 25-45 days! You can convert your NFT back into tokens (decompose) after the blocking period has expired.

click “Confirm” to continue, and then wait for your card to redeem!

Congratulations, you have received the NFT card. In this case we have the PILOT NFT which has a mining efficiency of 54.06%PERFORMANCE = the MINING efficiency times the POSI par number PERFORMANCE = 50 x 154.06% = 76.28 the POSI

You can see your NFT in the table below which has all the information. As you will see in the example below, two of my NFTs are placed in the pool and two are not. It is possible to convert (decompose) your NFTs into POSI tokens after the blocking period has expired. It is possible to continue the decomposition process by pressing “Authorize” then click “Decompose”when the lock time has expired.

Note that you don’t have to disassemble your NFTs if you don’t want to. You can keep your NFTs for as long as you like. A marketplace for selling or buying NFTs will emerge in the near future.

Staking NFTs

Position Exchange NFTs are not just for aesthetic purposes, they can be a great option to increase your POSI balance in your NFT pools. Navigate to the Pool page and then select NFT on the NFT tab. You can view the available pools.

Click on “Mission”.

Select the cards you want to bet and click on them “Confirm”

Congratulations! You have successfully staked your NFT.

Check out the latest Total Power Staking to come 380,400 in this example. The higher your wagered total, the more you will share in the pool’s rewards.

To reap your reward, click harvest icon. Note that rewards can only be harvested after 12 hours.

To tick off your NFT, all you have to do is select “Mark out” and to withdraw all your NFT, choose “Retire All”

NFT pool rewards are expected to reset at the time of the specified period. Your NFT will not be redeemed or withdrawn from the pool. It will remain in it.

Conclusion

The At-Place Exchange Network of Financial Transfers has the potential to become an extremely profitable investment for portfolios. So, the number of people investing in NFTs of Position Exchange is not small. We keep improving our services every day to improve and ensure a fantastic customer experience

The most significant advantage of NFT operations is this There is no need to sell or transfer ownership of the NFT Collections. All you have to do is put all your NFT assets in one pool and get rewards. As simple as that!

To invest in NFTs, You need a crypto wallet compatible with the NFT you want. The first step is to determine if your preferred wallet matches the blockchain that hosts the NFT. You must connect your account to the platform in order to be able to transfer your NFTs to the platform.

  1. Depositing POSI tokens into an agreement.
  2. Earn rewards with NFT cards that have different qualities and rarities (The more powerful the quality of your NFT, the greater your mining power will be)
  3. You can take the NFT cards from the NFT pool.
  4. earn POSI.



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