Main Takeaways Similar to how it works with proof-of-stake cryptocurrencies, NFT staking is the process of locking up your digital assets to receive rewards.
By locking their coins on a blockchain, token holders are able to help support the operation of the network while making their HODLed assets work for them in exchange for rewards.
One benefit that collectors and the larger NFT marketplace gain from NFTs being staked is that it can produce a deflationary supply pressure, resulting in an increase of the price of similar NFTs still in circulation.
Always do your own research (DYOR) and make sure you’re aware of the risks involved before depositing your NFT on a staking protocol.
Featuring a one-click to stake experience, top-notch security, and zero gas fees, the Ape NFT Staking Program is one of the most convenient ways to stake your BAYC or MAYC NFTs.
Read the following helpful articles for more information: Disclaimer: NFT trading is unregulated and subject to high market risk.

Source - https://www.binance.com/en/blog/nft/nft-staking-a-quick-guide-on-what-to-know-before-staking-2357189661246193153?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial

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