Staking contracts enable communities to grow without diluting the scarcity of membership NFTs by issuing a secondary token. ChillRx is a web3 music club where collectors and music creators come to participate in ongoing projects and release together as a community-powered label. They wrapped their PFP collection (aka Pills) with a Decent Staking contract to enable collectors to lock their pill in exchange for a new token, $CHILL, which unlocks access to an exclusive community marketplace.
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