Minterest Whitepaper v1.31
  • The Minterest Lending Protocol
  • Lending Protocol Architecture
  • Protocol Overview
  • Current DeFi Limitations
    • 1. DeFi’s New Reality
    • 2. Performance Value
    • 3. Emission Reward Structures
    • 4. External Liquidators
  • Minterest’s New Model
    • Summary
    • Fee Value Capture
    • The Network Effect
    • Platform Optimisation
    • Supply-Borrow User Experience
    • Tokenomics
  • Core Protocol Functions
  • Other Protocol Settings
    • Utilisation Limit
    • Utilisation Ratio
    • Buyback Flow
    • NFTs
  • Launch Phases
  • Governance
    • Anti Money Laundering Functionality
    • Strategic Reserve
  • Minterest Emission Rewards
    • Emission Rewards
    • Standard Rewards
    • Governance Rewards
    • NFT Rewards
    • Buyback Rewards
    • Loyalty Rewards
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  1. Other Protocol Settings

NFTs

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Last updated 1 year ago

Minterest NFTs is a collection of functional digital assets issued across 12 tiers of rarity.

NFTs enable holders to receive a set percentage boost of their Standard Rewards. Each NFT is unique and benefits only its holder, with the percentage boost of Standard Rewards determined by its tier as detailed in the table below. NFTs also allow access rights to Minterest’s private launch.

NFT Rewards

Each NFT represented by 1 of 100 unique artwork. Rarer NFTs have fewer copies of each artwork, have higher Emission Boost, and longer validity periods.

NFT Rewards initiate at Minterest’s Public Launch and are earned until the expiry date determined by the NFT tier. Where more than one NFT is held in the same wallet the protocol assigns NFT Rewards for the highest-tiered NFT only.

Users can trade NFTs with other users via online markets or by directly interacting with the corresponding smart contracts. Transferring NFTs transfers ownership of the corresponding boost, with previously earned MINTY retained by the original owner.

Minterest NFT tiers