Light Staking

Safest staking mechanism.

In the classic staking method, when an NFT is staked, the relevant NFT is transferred directly from its owner to the contract. This method prevents the same NFT from being reused repeatedly with different accounts and prevents manipulation.

In light staking, users do not have to put their NFTs directly at risk. Instead, they only report ownership information about the NFT they own to the contract. With this notification, the relevant NFT becomes un-signable by other accounts for 24 hours. When the period expires, if the user is still the owner of that NFT, they can claim their entitled rights.

For accounts that own multiple NFTs, listing the ownership information of all NFTs in the contract and checking them with loops can cause problems in terms of both security and gas costs. For this reason, the system was deliberately kept simple in the first version and designed to operate only on a single NFT.