Intro
Hey Mummies, it’s time for a new update for our upcoming features.
The Mummy team would like to thank you all so much for your support, these past few days after the launch have been great for Mummy Finance and this is just the beginning.
Today, we are thrilled to introduce our Mummy Club- our first NFT collection on Fantom Foundation. It’s not just an NFT collection; we always desire to build a community treasury that benefits all our Mummy members.
Let’s dig in! ⚰️
Key takeaways:
- Mummy NFT is designed for Community Treasury, where all funds from NFT sales are used to reinvest and redistribute rewards for NFT holders.
- Buy Mummy NFT to get esMMY and earn $FTM rewards (through stakes).
- The earlier you buy, the cheaper the NFT and the higher the power to earn rewards
About
Mummy Club is a collection of 5,000 NFTs (non-fungible tokens) living on Fantom, made up of +130 hand-drawn traits. The collection has been created for the community of the decentralized perpetual exchange Mummy Finance hence the Mummy symbol.
Unlike the other art NFT Collection, Mummy Club is the collection of utility NFT created for the community to provide more liquidity for Mummy Finance and earn rewards based on the power of NFT. We aim to create a culture and community centered around strong identity and values, where most of the investment from users turn back into rewards for those. Standing on these principles: Transparency, fairness, and worth, Mummy NFT is not just the presence of each user on Mummy Verse but also proud to become part of the Mummy and Fantom community as well.
Just take a look at a Mummy member of the Club!!!
Why should you buy Mummy Club NFT?
Mummy Club NFT is a brilliant investment opportunity, especially for Mummy Finance pioneers. The key to earning at Mummy Club NFT is simple: the earlier you buy, the cheaper the NFT, and the higher the reward you get.
The team has built a treasury from the ground up that is decentralized and controlled by the community to create transparency and benefits for all investors.
To better understand the Treasury, knowing where it comes from is crucial.
- Selling Mummy Club NFT: All revenue generated from the sale of Mummy Club NFT (minting) goes to the Treasury (see Treasury page) and is invested in MLP to earn the fees charged by the platform.
- Accumulated profits from esMMY and FTM rewards: a portion of MLP revenues will be reinvested in the Treasury to add more MLPs and generate more revenue for NFT holders.
Key benefits of buying Mummy NFT:
- Earn rewards in $FTM from Protocol’s collected fees (Check the rewards mechanism of Mummy Finance here)
- Earn bonus esMMY to compound and earn more rewards (esMMY, FTM, MPs) or vesting to earn MMY, just like buying MMY IDO
- The longer time you stake, the higher value of the treasury, and the higher rewards redistributed
Check down the below diagram to understand how to earn with Mummy NFT👇
As shown in the diagram above, Mummy Club holders receive 80% of the Club FTM fees, while the remaining 20% is immediately added to the Treasury. The other rewards (in esMMY) are also accumulated in the Treasury. This return is constantly compounded into an additional token for the pool and, therefore, can generate even higher returns in the future. These returns are deposited in a distribution contract that Mummy Club holders can take advantage of.
With this compounding mechanism, the more sustainable the Mummy Club Treasury is, the more rewards Mummies will receive in the long run.
Besides, Mummies will be enabled to reward esMMY which plays an equivalent function as $MMY token in terms of generating $FTM, esMMY, and Multiplier Points.
The early bird gets the fat worm
⚠️Please note that each group Mummy NFT derives a different power percentage. For every block of 100 Mummy NFTs successfully minted, their prices will increase by 1% along with a 1% power reduction in Power and bonus esMMY. Accordingly, the earlier Mummies join us, the more affordable price coupled with a higher power percentage you guys will receive.
For example
Feeling excited about the Mummy Club NFT? Time to get more details to buy 👇
Mummy Club Sale Details
- Contract address: 0x573235b8e2708c39dd2fa9ec2d880121f4f83ca9
- Initial power points: 5,000
- Initial bonus esMMY: 388
- Initial price: 500 $FTM
- Total supply: 5,000
- Launching time: 15:00 UTC Monday, 19 December 2022
How to buy and earn with Mummy Club NFT
Step 1: Enter https://app.mummy.finance/#/nft
Step 2: Commit your $FTM To buy Mummy Club NFT
Step 3: Stake your NFT to earn $FTM rewards
Step 4: Go to the Earn page to vest or stake esMMY to earn more with Mummy Finance.
We plan to create a robust ecosystem for our members and future members. We would also like to hear your suggestions and ideas as we are all involved in the development of Mummy Club.
All the mentioned items are still in progress, we have yet to set an expected date, but we will finish them as soon as possible to ensure the success of Mummy Club.
Thank you for reading us; it’s just the beginning of a long journey! We will update you regularly on our progress.
Have a good day, Mummies!
About Mummy Finance
Mummy Finance is a swap and perpetual DEX that offers a variety of trading options and
high liquidity for a wide range of blue chip crypto assets. It aims to become the solution for all traders who want to keep control of their capital and enjoy the best trading experience on Fantom Opera.
Follow our links and social media not to miss any updates:
Website: https://www.mummy.finance/#/
Twitter: https://twitter.com/mummyftm
Telegram: https://t.me/mummyftm
Discord: https://discord.gg/xqSJaw8sUB
