Good news, Degen holders! You can now create and manage nomination pools directly on NFT.io. No more dealing with complex extrinsics or technical setup!

What Are Nomination Pools?

Nomination pools allow multiple users to combine their ENJ and stake together as a single entity. This helps more users participate in Enjin Staking, which secures the Enjin Relaychain through Nominated Proof-of-Stake (NPoS).

By pooling ENJ, even small holders can earn staking rewards while contributing to the network’s security.

Why Use NFT.io to Create a Pool?

Previously, creating a pool required using the Enjin Console and following a technical setup process. Now, NFT.io provides a streamlined UI that lets you set up and manage your pool in just a few clicks. No technical background required.

How to Create a Nomination Pool on NFT.io

Step 1: Select Your Degen NFT

1. Connect your Enjin Wallet on NFT.io.

2. Go to Owned Items and select the Degen NFT you want to use.

3. Open the Enjin Staking panel beneath the artwork to see pool limits and status.

Step 2: Create Your Pool

1. Click Create Pool.

2. A pop-up window will appear—enter your pool name, commission rate, and validator preferences.

3. Recommended settings are pre-filled, but you can customize them.

Step 3: Review and Sign

1. Confirm the pool settings.

2. Tap Create and approve the transaction in your Enjin Wallet app.

(Setup typically takes under 2 minutes in our tests.)

Once your pool is live, you can adjust commission rates, roles, or validators anytime through the same dashboard.

What’s Coming Next

This is just the beginning. Future updates will let users:

• Stake ENJ directly on NFT.io

• View performance with a dedicated Staking Dashboard

• Analyze activity through Staking Analytics