The most recent EverRise update allows users to consolidate their in-game assets across multiple chains and earn the highest returns. EverRise expands its NFT Staking Lab to include crosschain bridging capabilities.

EverRise, a blockchain technology company, created an NFT staking lab so that its holders could create on-chain staking contracts. These contracts would be linked to five additional blockchains. This new development enables users to connect their staked assets across multiple chains to maximize profits.

Cross-Chain NFT Staking Lab EverRise

EverRise has created a cross-chain non-fidelity token (NFT) staking lab, allowing RISE holders to create on-chain staking contracts that can be linked to five different blockchains.

Users must stake their RISE tokens in the staking lab, which generates an NFT on the chain of these assets, which can be traded, transferred, and linked to the BNB Chain, Ethereum, Polygon, Avalanche, and Fantom.

NFTs can be purchased directly from supported DeFi wallets and traded on platforms such as OpenSea.

Users are rewarded through an automated repurchase protocol, and stake RISE rewards stakeholders proportionally.

Degen's new betting lab is a standout feature, allowing users to search for the biggest wins on various chains. Please keep in mind that bets are only permitted in one-month increments and thus do not provide maximum flexibility.

Currently, more than 61% of RISE tokens are staked across all blockchains, with BNB Chain having the highest percentage with nearly 40%.

What exactly is EverRise?

EverRise is a blockchain technology company that offers bridging and security solutions across multiple blockchain networks via an ecosystem of dApps (decentralized applications). The team is made up of cryptocurrency enthusiasts with the goal of improving the Decentralized Finance (DeFi) ecosystem. The primary goal of the company's ecosystem is to provide the market with tools for self-regulation and participant security, allowing DeFi to reach its full potential.