BounceBit has officially launched the beta version of its NFT staking platform, allowing users to stake eligible NFTs for BB rewards. The feature is currently open to select whitelisted collections, including several blue-chip Ethereum NFTs and upcoming BounceBit-native series.
Unlike traditional NFT staking, BounceBit’s system links rewards to both NFT rarity and holding duration. Rare NFTs earn a higher base APY, while long-term stakers can unlock bonus multipliers over time.
The beta phase will run for six weeks, during which the development team will monitor smart contract performance, adjust reward rates, and gather feedback from participants. Early testers will also receive an exclusive “Genesis Staker” badge, which may carry future utility within the BounceBit ecosystem.
NFT staking represents a major diversification of BounceBit’s yield offerings. By bridging the gap between NFT culture and DeFi mechanics, the platform hopes to attract both traders and collectors who want to put idle assets to work.
Analysts believe this could lead to a new wave of user acquisition. NFT holders often represent an under-tapped segment of the DeFi market, and by offering staking rewards, BounceBit could convert them into long-term ecosystem participants.
If successful, the NFT staking platform could eventually support cross-chain collections, enabling Solana and Polygon NFT holders to stake within BounceBit’s ecosystem once relevant bridges go live.
