HODL Founder NFT (HF-NFT)
Passive income from MultiversX xExchange
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Passive income from MultiversX xExchange
Last updated
Was this helpful?
The HODL Founder NFT (HF-NFT) is one of the features that was created in response to our community's feedback. Larger investors were searching for a guaranteed passive income stream, therefore the HF-NFT collection was introduced to add further utility to our project.
The HF-NFT can be obtained via 2 different ways
donation must include at least 3 $HODL attribute GH-NFTs in order to be eligible to swap for a HF-NFT
organised on secondary markets
price calculated to raise equivalent of minting 50 GH-NFTs --> e.g. mint price of GH is 0.4, 50 GH would cost 20 $EGLD --> 100 tickets for 0.2 EGLD/each
as soon as lottery tickets are sold out, a winner will be drawn automatically
raised $EGLD will be used to mint 50 GH
if a $HODL attribute GH will be minted, the $HODL token will be distributed among ALL lottery participants --> everyone is a winner!
HF-NFT allocation
Max Supply: 100 HF-NFTs
80 HF-NFTs --> GH-NFT exchange OR lottery (5 NFTs potentially)
15 HF-NFTs --> Developer Services and Significant Contributors
5 HF-NFTs --> Founder
Rank 1 GH-NFT will get HODL Founder NFT airdropped for FREE!
Most of our net worth is held in Liquidity Pool (LP) tokens on MultiversX xExchange. Yield is generated on a daily basis.
50% of $XMEX produced from our LP farms is allocated to our staking smart contract (SC), thus benefiting HF-NFT owners.
Remaining 50% of $XMEX is deposited into our treasury, which reaps rewards from the fees pool and allows us to craft new value propositions for our investors in the future.
As of April 2023, our farm is composed of ≈540 $EGLD. Including boosted rewards from LP farms we are generating roughly 20 million $XMEX/week, resulting in a 10 million $XMEX reward pool to be shared amongst all HF-NFT stakers.
Additionally, we plan to diversify our farm to maximise the use of Boosted Rewards.
Staking and claiming will be done via simple transaction to self with pre-defined data input in the message field. Examples and full guidance will be provided. Meanwhile, we will develop a dApp to simplify the process and enable users to interact with staking SC via a web interface.
HF-NFTs have hidden attributes, which unlike regular NFTs, cannot be seen due to the fact that HF-NFT is a MP4 file issued as a NFT. Detailed traits are visible on secondary market or MultiversX Explorer. All base attributes are identical for all NFTs, except for one special attribute called "$REWARD Airdrop". HF-NFT rankings will be calculated based on the rarity of the $REWARD Airdrop trait (see table below).
We decided to incentivise the HF-NFT collection with $REWARD tokens for one particular reason:
By doing so, holders have the potential to win up to 9.6 years worth of staking-less passive income at the base rate of 10 $REWARD per GH-NFT per week.
1
250,000
9.62
2 - 10
100,000
3.85
11 - 25
50,000
1.92
26 - 60
25,000
0.96
61 - 100
10,000
0.38
The whale's way - Donation and Swap
donate 50 to the
process of swapping is managed on a 1:1 basis with in Discord
when requirements are met, please open a Support-Ticket within our .
The Gambler's Way - Lottery
When the GH- NFT collection will be sold out, HF-NFT owners will receive 2,750 $EGLD worth of various LP, generating $XMEX rewards (see allocation in the section).
Obtaining HF-NFT (The Whale's Way), is only possible by donating 50 GH-NFTs including 3 $HODL attribute GH, thereby eliminating the potential to benefit from the passive income stream of the system. Therefore, HF-NFT hodlers still have a chance to earn a big one-time $REWARD airdrop via the $REWARD Airdrop attribute.
