The Next Level Minterest APY Boost NFT lottery.
The entire premise of DeFi is to create a fairer, more inclusive financial ecosystem for all. However, Minterest is fully aware that the biggest proportion of the beneficiaries are professional investors. For example, according to Dune Analytics
. 72% of all TVL in Compound is held by only a few wallets. In addition, users often miss out on allocations, and Minterest aims to change this.
Firstly we have created an environment whereby everyone who signs up for the whitelisting is guaranteed an allocation. Secondly we launched a ground-breaking NFT lottery with 7 figure APY boosts that the entire community can access, instead of a wealthy few!Why NFTs?
The NFTs are designed to incentivise investors with large TVL and to foster long-term loyalty. The NFTs will give the top level investors the ability to earn up to 50% more APY for a three-year period on unlimited TVL. For the largest professional users, this NFT unlocks protocol functionality that can result in millions of dollars of additional rewards. Further, the NFTs work as “keys” to exclusive protocol functionality, e.g. early access to the protocol beta launch.
The NFTs could generate tremendous value for anyone who holds them, and the entire Minterest community will have the opportunity to access them.How it works
The lottery has 85 NFTs - all providing different boosts over different time periods for unlimited TVL. The 85 NFTs will produce a protocol functionality value-add which will exceed 7-figures. NFT lottery tickets can be collected throughout the Minterest Next Level Community Allocation Event, benefiting early supporters and rewarding referrals.Winning together - Minterest stretch goals
The protocol supporters are those who make it valuable in the first place which is why everybody is welcome. However we understand that the chance to win NFTs decreases with the more people that participate. To optimise growth, we are introducing stretch goals. The principle is that the more people join, the more NFTs we put in the lottery, and we do so exponentially. This means the more people that join, the more beneficial it becomes for all the participants. Follow us on Twitter
to see updates on our stretch goals, and thank you for helping us achieve them!The NFT Levels & functionality
The Minterest APY boost NFTs have different functionalities based on their levels. As we mentioned in a previous article, the value of one NFT can exceed 7-figures, please visit here for more information: https://minterest.com/nft-lottery
. We are making sure that all our community benefits from the tremendous value of these NFTs, locking away 85 of those in the lottery pool!