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NFT Jelly
Teaser: https://medium.com/@honeyfarmchef/honeyfarm-introducing-nft-jelly-c49c9c5c00b1
NFT Jelly is to give benefits to the holders of MOON, HONEY, BEAR in a form of NFT.
Hot NFTs will be awarded to the users who participated to NFT Jelly pool.
- Users deposit MOON/HONEY/BEAR 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 (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)
All fees will be burned for the eco-system
- Minimum deposit: 1 MOON / HONEY / BEAR
- Fairness Deposit Fee: 0.1 MOON / HONEY / BEAR
- Fairness Withdrawal Fee: 3% until the end of a NFT Jelly pool (0% after the end of emission)
All fees are for the fairness of participants and to prevent abusers from taking unfair advantage.
① Stake MOON, HONEY or BEAR
② Earn NFT Jelly tokens
- NFT Jelly tokens will be used only as tickets to select a random winner
- A token from a NFT Jelly pool will not be used on the other NFT Jelly pools
③ Winning odds will be same as number of NFT Jelly tokens
- There will be 100 NFT Jelly tokens per pool
- If a user received 10 NFT Jelly tokens, that user has 10% chance of winning a NFT
NFT Jelly tokens are not harvestable but only displayed on the pool info
- Random selection: Winner will be selected randomly by smart contract using Chainlink's VRF (Verifiable Random Function)
Last modified 1yr ago