$SNFTS will have multiple utilities and will be claimable on Seedify’s website.
Bonus $SNFTS Snapshot
In case you missed the first snapshots, Seedify $SFUND stakers and farmers have been given an additional (and final) opportunity to receive more $SNFTS before the airdrop that will take place on August 21, 2022, on Seedify’s NFT Launchpad.
The token will be used in Seedify’s NFT marketplace and NFT launches on Seedify’s NFT launchpad.
Seedify is a blockchain gaming and NFT-focused incubator and launchpad ecosystem, empowering innovators and project developers through access to funding, community, and partnership building, and a full support system to help bring premier blockchain games, NFTs, and metaverses to its community.
In less than a year, Seedify has grown to one of the industry’s largest launchpads, hosting over 50 successful token offerings (IGOs). Seedify recently celebrated the successful launch of Amazy, a Move-to-Earn project that sold out on Seedify’s IGO platform in under 60 seconds during the 2nd phase, achieving 34x on the listing price.
$SFUND has been among the top 7 coins outperforming the market in July. Continuing its performance, within the last week, Seedify celebrated a number of accomplishments, namely being listed as one of the top 10 fastest-growing coins on multiple charts, trending for two days on Coingecko and CoinMarketCap, and being amongst the top socially active coins on the BSC and Polygon networks.
Seedify has recently expanded into the NFT space with the launch of its NFT Launchpad. This is an additional value add and revenue generator for their community and will no doubt attract new members who want to take advantage of the many opportunities associated with owning and minting NFTs on Seedify’s platform.
$SFUND has been the best performing airdrop of 2021. Those members who held onto their initial $SFUND airdrops, as well as joined the 4 whitepaper quizzes made 1100 $SFUND from the start. These initial airdrops saw on average a gain of $18 000 in value and a $350 Million market cap at the 2021 market all-time high.
Details of the Bonus $SNFTS Snapshot for $SFUND stakers and farmers:
Snapshot ratio: 1 $SFUND = 10 $SNFTS ratio.
Snapshot of staking pools: Seedify will be taking snapshots only from the longer period staking pools, namely 180, 90, 60, and 30-day staking pools.
Snapshot of farming pool: There will be a snapshot of the farming pool. However, this will only be available to those who have been farming before August 8, 2022, to disincentivize people from joining the farming pool just to benefit from the snapshot with a low lock duration.
Farmers who want to join staking pools instead can do so, as the $SNFTS snapshots will be at the bonus snapshot date and time. Farmers who want to stay farming will be eligible for the snapshot.
Snapshot date: The snapshot will take place at 11:11 pm UTC on August 15, 2022.
$SNFTS is Seedify’s NFT token that is paired with $SFUND, Seedify’s native token. This means that in order to farm and earn rewards with $SNFTS, you would need to hold $SFUND.
Through cultivating farming rewards and high liquidity on $SFUND – $SNFTS pairs, Seedify’s goals are to gain higher volumes for both coins, better entrench themselves within the ecosystem, unlock shared utilities, and ensure mutual growth between the coins.
You can also stake your $SNFTS instead of farming and still earn passive income.
Seedify is planning to reach at least 100 000 unique NFT community members with the $SNFTS airdrop.
There is also a very prominent auto-burning mechanism engrained within $SNFTS, as well as an auto-$SFUND buy-back mechanism.
The utilities and advantages of holding $SNFTS include the following:
Whitelist allocations on NFT launches through Seedify’s NFT Launchpad.
50% commission fee reduction in the upcoming Seedify NFT Marketplace.
Better RNG rates for the random NFT drop chances when buying or selling.
Funding the treasury for collaborations, marketing, NFT drops, and expansions.
The burning mechanism for $SNFTS, and the buy-back mechanism for $SFUND.
Random NFT drops for those trading in the Seedify NFT marketplace.
Passive income through staking and farming.
The $SNFTS airdrop will take place on August 21, 2022, and will be claimable on Seedify’s website.
To learn more about Seedify, please refer to the following links:
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.