# NFT Jelly

## What is NFT Jelly?

NFT Jelly is to give benefits to the holders of BEE/HONEY/BEAR/MOON in a form of NFT.\
Hot NFTs will be awarded to the users who participated to NFT Jelly pool.

* Users deposit BEE,HONEY,BEAR or MOON in a certain NFT Jelly pool for a certain period
  * Deposit token and period will vary pool by pool. It will be announced in advance
* At the end of the pool, a winner will be drawn by a smart contract using [Chainlink's VRF](https://chain.link/solutions/chainlink-vrf) (Verifiable Random Function)
  * It should be fairer and reduce malicious behavior when VRF is used
* An NFT will be awarded after the winner verifies the wallet address to HoneyFarm team
  * Winner must post it on own SNS (Twitter, Medium, Reddit or so)

## Minimum Deposit & Fee Structure

{% hint style="info" %}
**All fees will be burned for the eco-system**
{% endhint %}

* Minimum deposit: 1 BEE/HONEY/BEAR/MOON
* Fairness Deposit Fee: 0.1 BEE/HONEY/BEAR/MOON
* Fairness Withdrawal Fee: 3\~10% until the end of a NFT Jelly pool (0% after the end of pools)

All fees are for the fairness of participants and to prevent abusers from taking unfair advantage.

## **How To Participate**

① Stake BEE/HONEY/BEAR/MOON\
② Earn NFT Jelly winning chance\
&#x20;\- NFT Jelly winning chance will be a percentage to select a random winner\
③ Winning odds will be same as NFT Jelly winning chance

[How To Participate Medium Article](https://medium.com/@honeyfarmchef/how-to-participate-nft-jelly-f5890929adea)

{% hint style="info" %}
NFT Jelly winning chance is not harvestable but only displayed on the pool info
{% endhint %}

## How To Select Winner

* Random selection: Winner will be selected randomly by smart contract using [Chainlink's VRF](https://chain.link/solutions/chainlink-vrf) (Verifiable Random Function)
