> For the complete documentation index, see [llms.txt](https://docs.iotex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.iotex.io/blockchain/learn-iotex/staking-and-governance/iotex-staking-guide/staking-as-nft.md). # Staking as NFT Staking as NFT introduces Non-Fungible Tokens (NFTs) to represent your staking deposits. In this mechanism, when you stake your tokens, you receive an NFT that signifies ownership and details of the staked amount and lock options. ## Why Choose Staking as NFT? Staking as NFT offers several benefits over native staking: 1. It enables participation in **Liquid Staking** or other **DeFi applications** and unlocks the potential to earn **additional passive income**. 2. With your staking ownership being managed as an NFT token you have the option to liquidate your stake in an [NFT marketplace](https://nft.mimo.exchange/) for instance if you initially set a lock period but you need your deposit back ahead of it to conclude. ## Convert Native Staking to NFT {% hint style="info" %} **Migrating Native Staking to NFT-based Staking** Starting with IoTeX 2.0.0 release users with native staking buckets can now seamlessly migrate to NFT-based staking, enjoying the benefits and flexibility provided by NFT-based staking. IoTeX 2.0.0 activation is expected on July 22, 2024 00:00:00 UTC, and the conversion will be available on the [official staking portal](https://stake.iotex.io). {% endhint %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.iotex.io/blockchain/learn-iotex/staking-and-governance/iotex-staking-guide/staking-as-nft.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.