S.O.S. 📣 Significant Offering of Sharks — Sharkpunks 2.0
Sharkpunks farms will receive a bonus 10x boosted APY
Nom nom 🦈🌈🤖
Sharkpunks have risen again with a new (massive) collection of armored shark avatars, all geared up for the next phase of NFTs. In this new era, NFT value-generation is at the forefront. With our upcoming NFT + yield farming platform with deflationary token rewards, we aim to reignite NFT value by integrating DeFi success mechanisms, such as ve tokenomics and reward tokens. Soon, the assets from this Sharkpunks SOS launch will start generating you yield!
NFT Yield Farming Platform Details
On this innovative platform, Sharkpunks’ owners can create a yield farm linked to their owned NFT. This means that simply owning a Sharkpunks NFT can earn you true, viable yield with rewards paid out in $LEVX.
Previously, the only value you could receive from owning an NFT was the speculation that its price would increase over time. With our new value-generating mechanics, Sharkpunks’ owners can realize asset value made up of:
- PFP rarity
- The expected value generated from future emissions (farmed yield)
- Future expected sales revenue, speculatively
By applying ve tokenomics, even non-owners can participate in NFT yield farming rewards by boosting farms with their ve tokens. This, in turn, increases the yield received by a certain farm and overall appreciates the reward token’s value.
Upon platform release, yield farming will not be limited to Sharkpunks NFTs, but, rather, will support a variety of participating projects.
However, Sharkpunks farms will receive a bonus 10x boosted APY.
Retro NFT Cards
There is a special surprise this mint: You have the chance to land one of Sharkpunks’ new limited edition retro NFT cards, as they will be randomly mixed into the mint!
These special NFT cards are eligible to receive +5x boosted rewards on our upcoming NFT yield farming platform.
Launch Details
Sharks will be minted via a staggered reveal, until the final NFT is minted. Price will be determined by a sigmoid curve, starting at 0.0333 ETH and increasing by 0.2496% until 5,817 sharks are minted with the final price 93.7 ETH
Oh..geez (Stupid Morty NFT holders) receive 10% discount of minting price.
(Please note that the Oh..geez Discord role in LevX DAO is full and closed to new members)
Sigmoid Curve
These Sharkpunks are minted on a sigmoid curve that increases 0.2496% upon each purchase, starting with a price of 0.0333 ETH. Here’s the sigmoid curve:
Proceeds Plan
- 33% of all sales will be distributed to veLEVX token holders
- 33% of all sales will be used to provide liquidity for LEVX-WETH pool on SushiSwap
- 34% of all sales will be allocated to the buyback treasury so that at any time you can burn your sharks at 1/3 of its original price
The meaning of the buyback treasury is, unlike other NFTs, your NFT’s bottom line is not 0 but backed by 1/3 of the price you bought, even in the worst case
Conclusion
We are happy to introduce this SOS (Significant Offering of Sharks) concurrently with the launch our upcoming ve tokenomic-based NFT platform, which will utilize the Sharkpunks PFP collection as its genesis value-generating project.
This collection is driven by its community and its goal is to benefit that community first and foremost. By providing innovation in value-generating mechanisms, we not only give our assets the crucial value they warrant, but also propel the NFT space to new paradigms.
Be one of the first NFT owners EVER to have a DeFi-injected JPEG that generates you viable yield!
Sharkpunks is a growing NFT community of lovingly carnivorous shark PFPs. Created with the incorrect notion that Suicide Squad 2 movie would be a massive success, the “King Shark” character was used as a reference for the collectible art. Since then, Sharkpunks has evolved from a box office flop to a fresh NFT initiative that mixes a healthy dose of DeFi and a few pints of bloody shark art (Did we mention its upcoming Metaverse game?!). Keep up with Sharkpunks updates via the links below.
