CHUPY NFTs
Introducing the CHUPY NFT, a key component for staking your $CHUPY tokens and earning $XDC rewards.
The $XDC rewards are generated from up to 10 Standby Master Nodes, meticulously established with 100% of the XDC collected during NFT sales and $CHUPY token sales. This mechanism ensures a sustainable and rewarding ecosystem for participants.
In a commitment to transparency, our team pledges to retain zero profits from the sale of $CHUPY Tokens and CHUPY NFTs, underlining our dedication to fairness and community benefit.
Price: 12,500 $XDC - Maximum Supply: 4000 NFTs - 3 Rarity Levels
Rarity Level 1 consists of a single NFT Rarity Level 2 is achieved by merging two Level 1 NFTs together, subsequently burning them to mint a Level 2 NFT. Rarity Level 3 can be attained by merging four Level 1 NFTs, two Level 2 NFTs, or two Level 1 NFTs and a single Level 2 NFT, subsequently burning them to mint a Level 3 NFT
The rarity levels correspond to Base Multipliers: Rarity 1 (Base Multiplier 1.0), Rarity 2 (Base Multiplier 2.2), and Rarity 3 (Base Multiplier 4.8).
The Merge system provides participants with a diverse range of options to acquire these esteemed NFTs of various rarities. This, in turn, creates opportunities for a thriving secondary market, catering to those seeking to increase the existing Rarity levels. By doing so, participants not only enhance the Base Multiplier associated with the NFTs but also unlock additional $XDC rewards, further boosting their overall earnings.
As participants merge NFTs to increase their rarity levels, the scarcity of these NFTs intensifies, leading to a decrease in overall supply. This scarcity factor inherently amplifies the value of the NFTs in the secondary market, appealing to collectors and investors seeking exclusive and coveted digital assets.
To encourage progression within the CHUPY NFT ecosystem, a maximum level of 6,666 $CHUPY tokens has been set. The accompanying image provides a visual guide on how to level up your NFT, unlocking additional benefits and potential rewards.
By offering this complex and dynamic leveling system, CHUPY NFT holders can maximize their participation and engagement in the ecosystem, enhancing the value of their holdings.
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The funds raised from the sale of these NFTs will be entirely dedicated to securing 5 XDC Standby Master Nodes, underscoring our commitment to enhancing the decentralized infrastructure.
Through the combined offering of $CHUPY tokens and CHUPY NFTs, we aim to establish a total of 10 nodes, with all generated rewards—100% of them, without exception—going exclusively to CHUPY NFT holders.
If all nodes are sold before reaching the intended number of 10, the remaining funds will be solely allocated for the community's benefit. Our team will not profit from the sales of CHUPY tokens or CHUPY NFTs. The future course will be determined through a community vote, ensuring transparency and inclusivity.
The Standby Nodes yield a substantial 8% return, and this entire 8% will be distributed as rewards to the CHUPY NFT holders. This equates to an annual payout of 8,000,000 XDC Rewards for the CHUPY NFT holders once all 10 Nodes are operational.
The rewards allocated to individual NFTs on a monthly basis will differ, depending on the rarity and stake level associated with each CHUPY NFT. This dynamic reward structure ensures that each CHUPY NFT holder receives a unique and proportional share of the rewards based on their NFT's attributes.
Our goal is to design a system that empowers and rewards CHUPY NFT holders, fostering a vibrant and engaged community where the value and benefits are directly aligned with the participant's contributions and holdings.
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