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ERC-721 Non Escrow Staking

March 25th, 2022
ERC-721 NES, or Non Escrow Staking, is a novel implementation of a staking model that does not require the owner of a token to lock it into an escrow contract. What that means is the token never moves during the staking process, unlike traditional protocols where you receive a coupon to then redeem later for your staked tokens. Instead, the token is flagged as non transferrable for the entire staking duration. In this way, the owner of a token has zero exposure to the risk of a staking protocol being compromised and their tokens stolen.
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