# Utility

While staked positions under the form of spNFTs have a wide range of use, one of their main initial purposes will be to replace classic yield farming mechanisms by receiving The Pantheon incentives and benefits.

### **Utility-Based NFTs**

From a user standpoint, the mechanics have a lot of similarities with DeFi's regular farms. Once PAN is placed in a staked position and the vePAN is generated, the spNFT is given a score/rating weight based on the amount of PAN that is locked.&#x20;

Stake your PAN, receive vePAN.

### **Rewards**

The Pantheon incentives take the form of vePAN.

### **Earning Additional Points**

Currently, the only other ways to earn extra weight beyond your base spNFT emission rate is by locking your PAN for extended periods of time.


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