nftperp

NFT Perp v2 Early Access

1,318 Participants
0 Users Entered

Mission Status (1/2)

Complete the following Objectives provided by nftperp to participate in this mission

No Objectives

This mission does not require you to complete any objectives to participate.

Introduction to nftperp

nftperp is an open-source DeFi platform enabling users to trade on the price of NFT collections like Pudgy Penguins and Milady Maker using perpetual futures contracts, with all transactions in ETH. With perpetual futures, you don’t need real NFTs as collateral. The perpetual futures contracts simply track the floor price of the underlying NFT collection, Allowing traders to come to the exchange with ETH and leave with ETH.

 

nftperp has launched their V2 platform on Arbitrum in February. After winning the Big Bang competition, they are now including support for Blast blockchain! Complete this Mission and mint an nftperp NFT to be entered into a raffle for early access to their new V2 platform!

 

Perpetual Futures: Trade on NFT prices without the actual NFTs.

 

Cash-Settled: Use ETH to take positions without needing NFTs as collateral.

 

No Expiry: Contracts on nftperp do not expire, facilitating uninterrupted trading.

 

Funding Rate: Payments between traders maintain contract prices in line with the NFT market.

 

 

 

Tokenomics

$vNFTP is a voucher token that users can eventually exchange on a one-to-one basis for $NFTP, symbolizing future ownership stakes in the nftperp DAO. This voucher mechanism recognizes and incentivizes engagement within the nftperp community, laying the groundwork for collective ownership. The specific timing of the TGE has not been announced. Once initiated, holders can convert their $vNFTP into actual $NFTP tokens, formalizing their stake in the governance and success of nftperp.

 

Non-Transferable: $vNFTP cannot be traded, ensuring they remain with the original recipient until conversion.

 

Governance Involvement: Holders of $vNFTP have voting rights within the nftperp DAO, which can be enhanced by owning Mafia Nuts NFTs.

 

 

 

Links

nftperp v2TwitterDiscordLinktree


Disclaimer: If this is a raffle-based Mission, entry does not guarantee a win. Entrants who don't complete the required tasks in their entirety will be disqualified. For mint-based raffles, minting more than one NFT will not increase the chances of winning the raffle. Winners may not be notified outside of the "You have won the raffle" banner after this Mission is complete. It may take a few days after the Mission is complete to draw raffle winners and update the banner message displaying a win or a loss. It will also take time between announcing winners and delivering the winning benefit. Be sure to keep up with the project's social media channels for important updates to best utilize your winning benefit.

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