Let’s Reclaim Cybertron: The latest on the Autobot’s NFT Endeavours
The Decepticons launched a massive assault against the Autobots on Cybertron where they were met with stiff resistance from the Autobots — confronting the might and fury of the transformers was no easy task. However, they seem to be no match for the evil might of decepticons. Concurrently, with most Autobots injured or fallen in battle, Optimism Prime calls upon fellow Autobots across the different realms to raise their swords for the cause and erase the existence of Decepticons from this universe, permanently.
The Optimism Prime NFT Drop
Optimism Prime is proud to announce its very own Genesis NFT drop in conjunction with its allies.
Mint an NFT with a specific trait to lay claim on your winnings. The proceeds from the sale of the NFTs will be used to acquire VELO, locking it for the maximum subsequent period. 37.5% of the value accrual from the incremental veVelo will be distributed among holders. Optimus Prime has sought relief with Velodrome within Forrest City. If you’re bullish on Velodrome’s flagship veVELO (locked VELO), then there’s nothing better than acquiring our NFTs for the value accrual, potential incentives, and amazing art.
Currently, progress on our NFTs is sailing well as we’ve partnered up with a total of 4 partners: Tarot, Velodrome, Liquid Driver, and Qi Dao. We were initially set to have the mint set for today (6/10/22), yet have delayed it by 4 days to the coming Tuesday (11/10/22) to provide more immersive art to residents of Cybertron. In doing so, we’ve sought to add more touch-ups on our NFTs, revamp attributes, and include more legendary 1/1s to further generate hype around the mint.
A total of 1000 NFTs are there to be minted with mint packs comprising of 1, 3, and 5 — priced at 0.015, 0.04, and 0.065 ETH respectively. In addition to the 1000 reserved for minting, we’ll have 24 set aside for community giveaways, marketing & more!
The NFT mint will take place on our website on the relevant date at 7:00 P.M UTC sharp. Owners of these NFTs will be able to reap some lucrative rewards by minting NFTs of specific traits — these are enlisted as follows:
Legendaries
Total: 4
These are the epicenter of the collection and even rightly so. Owners of these attributes will be entitled to 25% of the total value accrual from veVelo set aside for NFTs.
To further elaborate on how enticing the passive income from these NFTs amount to be, a $10,000 position from the veVELO would roughly generate $1,406 in proceeds assuming a 150% APR (10,000*37.5%*25%*150%). Given that there are only 4 legendaries, the value accrual per annum amounts to a staggering $351.1 from a single NFT — that’s recouping your investment over the course of a year by 23.4x times provided you mint one of these!
Note: Keep in mind that these are all conjectures taking into account the current variables. Actual values are subjected to the performance of veVELO and the market conditions; this, in turn, is proportional to the performance of the Velodrome protocol. We cannot guarantee that such values will materially realize.
QiDao(LaoZi) :
Total : 10 x Gramps Mask
Owners of these NFTs will be getting 25 $MAI each.
Tarot(Card and Mask)
5 x Tarot Mask
5 x Tigris Mask
$200 in TAROT in total is up for grabs for owners of any of the above traits and would be distributed proportionally.
Glory in Gold: The Golden Optimism Prime
x50
75% of the remaining value accrued from veVELO (set aside for the NFT mint) will be distributed to holders of the Golden Optimism Prime.
Besides those mentioned above, there are also NFTs with eye-catching traits up for grabs — these are enlisted as follows:
Velodrome (Rainbow Body Scheme + Velodrome Background)
Optimism (OP shirt)
Buzz Lightyear
Mando
Darth Vader
Concluding Remarks: Optimism Prime Shall Lead us to Glory
We have had nothing short of a dream run this past month; this is all thanks to our great community. Nevertheless, we still have miles to go before we can successfully rebuild Cybertron once again. We’re beyond excited about this NFT drop and our team has worked tirelessly the past month to bring the community curated and utility-driven NFTs — giving a whole new meaning to NFTs and passive income.
All hail Optimism Prime — giving a whole new meaning to memeFi and beyond!
