DeFI / Economy Explained
Last updated
Last updated
Decentralized Finance is what enables the exciting features of the Moonie Friends ecosystem ranging from asset collateralization, staking, yields and revenue share among those who HODL.
Moonie Friends team has applied all measures possible to decrease the risk of the mint, starting from the strong partners for the Launch, including one of the leading NFT marketplaces and no-risk purchase option.
If the Moonie Friends NFT price falls below the public sale price in the first six months of its existence, users will be able to refund it and exchange it for the amount of ETH that was spent on it.
It’s with mentioning that to eligible to get a refund a user cannot sell the NFT after the mint as well as needs to stake it - HODL it
Read more about HODLing and Revenue share here:
Upgrades refer to the Cards for the FCL. Each card starts at the LVL 1 and can be upgraded up to the LVL 20.
Read more about FCL here:
Collateralization of assets is a way to back the value of the NFTs, which in most cases is a speculative one, with the real assets such as ETH.
Booster Sales
Marketplace
Refundable sale model
