> For the complete documentation index, see [llms.txt](https://227labs.gitbook.io/phantomz-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://227labs.gitbook.io/phantomz-white-paper/utilities/nft-staking.md).

# NFT Staking

Stake your NFT to earn $BOO

<figure><img src="https://4006782901-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjjRbsOPYLlDXbfHWwCjw%2Fuploads%2FHt8EBOroxdHlcG0dO73l%2FRisorsa%2025boomarket.png?alt=media&amp;token=8b6afaae-cc0c-41c3-a022-1ff4c1db71d4" alt=""><figcaption><p>This image is representing just an example</p></figcaption></figure>

NFT staking refers too locking up non-fungible tokens on a platform or protocol in exchange for rewards and other benefits which in this case will be the $BOO. Staking NFTs allows owners to profit from their collection while keeping control of it.

Staking is primarily a means of distributing tokens among holders in order for them to act as a source of energy for the project, with the goal of creating an ecosystem and utility around the token.

Solana Phantoms Team will convert Web2 website into a Web3 platform to allow holders to Stake their NFTs.