The NFT Nexus is a decentralized that serves as the main hub for NFT staking and NFT swaps of Web3Mermaids and MultiversX  

Keeping with the spirit of decentralization, anyone can use the NFT Nexus to create pools or stake NFTs in a pool. As other features come online, users will have access to the NFT Nexus.

The fee will fluctuate depending on special events, partnerships, etc. Expect the fee for pool creation to increase as we have more users on the Dapp.

Rewards can be claimed at any time. Some pools may have a distribution schedule, but that is determined by the pool creator. 

There is a  5 $MERMAID, per NFT, the fee to stake multiple NFTs one time. This fee helps prevent users from taking advantage of the pools. The un-staking fee is .00075 egld per NFT.  Many places charge the NFT creator in upwards of 20 to 30  egld to create a pool for one collection. Our micro fee system helps spread so the  burden of maintenance and development doesn't solely fall on the NFT creator.

If you wish claim your rewards, there is a 5 $MERMAID  fee to harvest rewards. 

• Creators can send rewards daily, weekly or once for a pool. 
• NFT creators can create as many 30 day pools as they want to satisfy the needs of the community. 
• Stakers will need to unstake from old pool and re-stake to new pool if it is available. 
• There is a .00075 egld ustake fee for stakers
• Create smaller pools and make more pools according to demand.

The NFT Nexus is the center for Web3Mermaids and Exporer's Rift assets. The development process is to create a dapp that can also be utilized by the MultiversX ecosystem. So, anyone will be able to use the features of the The Nexus to support their community and projects.