# StarBlock DAO：Web3 your NFT

By [StarBlock | NFT Marketplace](https://paragraph.com/@starblockio) · 2022-06-01

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StarBlock is an NFT issuance, trading and commercialization platform. We can complete one-stop NFT issuance, NFT secondary transaction and NFT commercialization, and will support NFTs on multiple public chains. During the in-depth operation of StarBlock, our team found that the integration of NFT and Web3 is not deep enough, NFT lacks liquidity and lacks DeFi application scenarios like ERC20 Token, and it is urgent to introduce innovative economic models to solve these problems. As an important community member, StarBlock Team initiated StarBlock DAO, with the goal of empowering NFT with Web3, releasing NFT liquidity by staking NFT farming, empowering the NFT community by staking NFT dividends, and establishing a brand new NFT through trading NFT faming. NFT trading network, this move has received great attention and support from the community.

![](https://storage.googleapis.com/papyrus_images/f758d90e26682b7aa6d6cd8e6be1cb5cc94045d07083bc0d3b98ba71f6d7f069.png)

StarBlock DAO will issue governance tokens: STB (StarBlock Token), with a total of 10 billion pieces, and 70% of the tokens will be allocated to the community to reward the NFT community for their contributions to Web3. The specific allocation methods are as follows:

![](https://storage.googleapis.com/papyrus_images/5caea4a235b53dca8793596e9154e4fb5e53e5b1a59f2dbd35a210414e6dcb0c.png)

At the same time, StarBlock DAO will conduct an innovative experiment of NFT + DeFi to promote better Web3ization of NFT, called Web3 Your NFT, including staking NFT faming, staking NFT dividends, trading NFT farming, STB purchase NFT, STB staking, etc.

![](https://storage.googleapis.com/papyrus_images/678c05bde7db80a2a0a97bc9c37625619ce3cdc6dc508d1819c2a579281f216c.png)

NFT Staking Farming

StarBlock DAO supports NFT staking farm STB to release the liquidity of NFT in your hands, in order to thank many NFT communities for their contributions to the Web3 industry, users can stake long-term or lack of liquidity NFT staking to obtain governance token STB . StarBlock DAO supports NFT mortgage mining STB to release the liquidity of NFT in your hands, in order to thank many NFT communities for their contributions to the Web3 industry, users can stake long-term or lack of liquidity NFT to obtain governance token STB .

NFT Staking Dividend

While StarBlock DAO supports NFT staking farming, it also supports NFT staking dividends, and supports NFT issuers to share their income with the NFT community, to practice the Web3 concept and gain more community support, Make the project work in a more Web3 way.

STB Payment

As an important community member of StarBlock DAO, StarBlock trading market will support STB to purchase NFT. In the future, more than 90% of newly issued NFTs will only support STB purchase. At the same time, StarBlock DAO will strive for more and more NFTs to support STB purchases, including primary and secondary markets, as well as various NFT trading markets. And reward users who use STB to trade NFT to promote the wider circulation of STB and create huge demand and usage scenarios for STB.

Trading farm

In order to increase the liquidity of WNFT, StarBlock DAO allows users to enjoy the liquidity of NFT while staking NFT to enjoy mining income and dividends. It will support WNFT trading farming and distribute STB to users who trade WNFT to reward users for their contribution to WNFT liquidity.

Governance

The most important right of STB is to own the governance rights of StarBlock DAO, which means that it can propose and vote on all matters of StarBlock DAO, such as NFT staking farming speed, NFT types supported by trading farming, and staking dividend ratio. In a word, the purpose of StarBlock DAO is to distribute STB to the community and use STB for governance, practice the Web3 concept in the best way, and empower the NFT industry.

![](https://storage.googleapis.com/papyrus_images/002ca73ed9acc4bb7e9587bf44ebe14858e4302a8df9bc4ea73fa8c9d25bf470.png)

The NFT staking farming will be launched at 20:00 on June 1, 2022. The huge innovation experiment in the NFT industry is about to start. I look forward to your participation and witness the future together. For details: [https://starblockdao.io/](https://starblockdao.io/)

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*Originally published on [StarBlock | NFT Marketplace](https://paragraph.com/@starblockio/starblock-dao-web3-your-nft)*