As mentioned from the beginning, WingSwap wants to be the first DEX to integrate NFT on Fantom, connecting NFT with DeFi to create a new, better and more useful yield farming model for users.
And to keep this promise we are focusing 100% of our efforts on one of the most explosive WingSwap events this year. Official announcement will be out soon guys. Stay tuned!
There will be different types of NFTs in the WingSwap collection and all this will be made available to the maximum benefit and financial gain of our users. Imagine how using NFT can help you gain a lot of profits and benefits with WingSwap. This is really a great opportunity that we will bring to the community.
- ‘’First come first serve’’ selling mechanism
- After the opening of NFT Store, NFTs will be automatically staked once they are bought afterwards. The reward amount of the first two weeks will be high and then gradually decrease and stabilize.
- Of the first two weeks, Bonus Rewards will be locked by 60% in the first 3 months and linearly distributed for the next 6 months. The remaining 40% will be unlocked immediately.
The NFTs include: Wings NFT & Ship Booster NFT
What are WINGS NFTs?
WINGS NFTs are the exclusive and highest valued NFT in WingSwap’s NFT collection. WINGS NFT will be sold in limited quantities. Wings NFT holders will be able to:
- Stake to earn high rewards
- Participate in DAO Governance
- Be prioritized when participating in IDO events of projects on launchpad of WingSwap
How to buy them ?
The mechanism for selling each NFT is ‘’first come first serve’’ and there will be 3 price levels. 33% of the initial supply will have an X price, 34% of the next supply will have a Y price, 33% of the final supply will have the Z.
X Y Z price will be decided by the WingSwap team (provided that X < Y < Z) to ensure that early arrivals will be able to purchase with lower price. The price will be sold in Fantom coins (FTM).
What are Ship Booster NFTs?
Ship Booster NFTs allows you to achieve higher APR% on your liquidity positions. Users can stake with ship booster NFT into farming pool to get more rewards from farming.
When the Ship Booster NFT is staked along with the LP tokens, it provides a percentage boost on the rewards earned from that pool/vault.
25% of income from SHIP BOOSTER NFTs will be source of WingSwap buyback & burn
How to buy them ?
Ship Booster NFT will be sold in multiple rounds, each round will be a collection with different themes and limited quantities.
About Wing Swap
WingSwap is a decentralized exchange built on the Fantom Opera chain that allows platform members to provide liquidity and create a market for others to exchange their original tokens.
Apart from this, the platform is created with multiple unique features such an exchange, NFT marketplace where users can buy and trade NFTs. With this, WingSwap is set to change the narrative and redefine the DeFi industry.
We envision an ecosystem where fast, easy, and affordable decentralized finance products and services that meet the needs of users are delivered in a timely, responsible, and sustainable way.
Apart from this, we project a platform that will be the forerunner of all DeFi products and use cases in the nearest future and easily accessible assets with more use cases that will drive adoption, increase demand and value.