Partnership Announcement: Minterest Protocol NFTs will be tradable on NFTrade, a multi-chain NFT marketplace on Moonbeam
04.22 UPDATE: Due to significant market support to prioritise Ethereum as the protocol’s launch network, we are launching on Ethereum first and will launch on Moonbeam later.
Minterest is delighted to announce that the Minterest Next Level NFT collection will be tradeable on NFTrade, the upcoming multi-chain NFT marketplace on Moonbeam.
NFTrade is the first cross-chain and blockchain-agnostic NFT platform. The project is an aggregator of all NFT marketplaces and hosts the complete NFT lifecycle, allowing anyone to seamlessly create, obtain, sell, swap, farm, and leverage NFTs across different blockchains.
How does it all work?
The Minterest Next Level NFTs will be air-dropped to winners’ wallets just prior to Minterest’s private launch at the end of March 2022. Holders of the NFTs will then be able to trade them on the NFTrade marketplace on the day of our TGE (end Q1 2022).
This is great news for users seeking access to the protocol’s private launch, but do not have an NFT. An NFT is essential in order to access the protocol’s super-high bootstrapped emissions until Minterest’s private launch in March 2022. You can calculate the emission rewards here: Minterest Yield Calculator.
Those participants who want the massive APY boost but didn’t get a high tier can acquire one from NFTrade marketplace. All Minterest Next Level NFTs will be tradable after the TGE as soon as NFTrade platform goes live on Moonbeam. Sellers can then list their NFTs after the TGE and start receiving bids from potential participants after setting up a 24 hour auction.
What is Minterest?
Minterest is a DeFi lending and borrowing protocol operating its own on-chain liquidation and buyback mechanisms. The protocol automatically passes on the value it captures from interest rate, flash loan and liquidation fees to users. It does this via MNT tokens that it acquires on-market, ensuring highest long-term yields.