The move will likely offer $POTS further utility and see users able to pick up digital assets.
Win BSC NFTs via POTS
Users can now stake up to 100 $POTS for a chance to win NFT collections on Binance Smart Chain.
Moonpot announced the opportunity on January 4 via their webpage. The draw will take place every day, with a single winner receiving one NFT from the relevant collection. The 100 $POTS limit was decided after a DAO vote concluded on January 4, with 81% of participants in favor.
“If there’s one thing Cadets love other than win-win prize draws, it’s a good NFT Moonpot,” the Moonpot team wrote. “This time, our new BSC NFT Collections Pot will give Cadets the chance to win some of the hottest NFTs on Binance Smart Chain from a variety of projects. By launching the Pot, we want to engage with the growing BSC community even more in preparation for the launch of the Ziggyverse later this year.”
Users will not be required to restake their $POTS as new collections become available to win. Moonpots is one of the top lottery games on Binance Smart Chain and the team continues to find fun and interesting ways for users to play with different assets.
Benefits of NFT Collections Pot
The new NFT Pot is described as great for the Moonpot project and community as a whole, not just for winners. The pot offers further utility for $POTS and will likely see an impact on its price as users begin to get excited about the NFTs on offer.
Users are offered the chance to win NFTs, but they will not benefit from APY, as they are also not asked to pay to enter the Pot.
Moonpots does advise participants to ensure they have withdrawn their $POTS after the fairness timelock is over to get their entire stake back.
“The BSC NFT Collections Pot isn’t just about winning NFTs, but also about learning about what is going on in the BSC NFT space. We’ll have regular articles explaining the projects and their NFTs,” the team explained.
Collections on Offer
The Collections Pot has already begun with the Bull Society, a collection of 7,777 Bull NFTs, each with unique features. Following swiftly will be the Born Bad Boys collection and Liquid Monsters.
Moonpots have already explained that other collections will follow, and the kinds of NFTs on offer will certainly have an impact on the new initiative’s success.
What is Moonpot?
Moonpot is a win-win lottery on Binance Smart Chain (BSC) with the mission to help as many people as possible grow their assets safely and securely while having fun doing so. Moonpot savings vaults make it simple for anyone to access the bank-beating DeFi interest rates available in crypto. A weekly lottery gives everyone saving via Moonpot the thrill of a possible big win while never putting their deposit at risk.
Where to find Moonpot:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.
BSC NEWS is a private news network. All posts posted by this user belong 100% to bsc.news All rights are reserved to BSC NEWS for more information about BSC NEWS contact BSC NEWS HERE.
