04 Oct History of Defi Revised: Marnotaur NFT Collection Public Launch Date Set for October 4th

The team stated that the Marnotaur NFT collection will go public shortly after the Marnotaur Defi leveraging platform revealed the exceptionally rapid completion of its Marnotaur NFT collection presale. On the official website https://nft.marnotaur.com/, the date for the sale has been set for October 4th, and the community anticipates that it will sell out quickly. The architecture, usefulness, and long-term viability of the collection’s tokenomics model are examined in this article.

The Marnotaur NFT collection’s initial edition includes 2,775 Marnotaurs, each with its own distinctive design. The collection is distributed across 555 NFT squadrons. Members of the renowned creative community – NFT256 – design and produce each NFT. This organization brings together creative individuals from all around the world, artists who are fascinated by current technology yet remain passionate about art. NFT256 artists cooperate with the finest crypto projects, allowing millions of people to see exclusive NFT art.

For the Marnotaur project, the collective generated hundreds of unique NFTs and the team endowed them with a range of qualities and attributes, varying the rarity of each particular NFT. You are purchasing an embryo when you purchase this NFT. A Marnotaur is formed from the embryo a short time later, and until that time, the rarity, appearance, and qualities of each Marnotaur are unknown and hard to predict. Tokens are distributed totally at random, and the team is contemplating adopting the Chainlink randomizer for this purpose in the future. The Marnotaur team will provide consumers the opportunity of customizing their NFT with their own face and bodily characteristics as a VIP option.

Royalties from sales in the secondary market

Users must have a Marnotaur NFT and some $TAUR tokens (a minimum equal of $500) to participate in this profit-sharing campaign. If you meet these requirements, you will be entitled for a royalties payout of 50% of all royalties earned from secondary market sales on OpenSea.

With each new emission, the price rises.

The Marnotaur collection’s NFTs are split into 18 squadrons for emission. Each squadron has its unique set of starting costs. NFTs from squadrons 1 through 5 begin trading at 0.05 ETH, but NFTs from each succeeding squadron must be priced at least 50% higher than the previous squadron’s selling price. This implies that individuals with NFTs from any of the first five squadrons will get the best deals, with the opportunity to gain up to 1,300% return on their initial investment. The community will select the ultimate price through the DAO voting mechanism, which is open to all Marnotaur NFT token holders.

Farming & Staking

Marnotaur NFTs may be staking to receive rewards in Marnotaur’s native utility token ($TAUR), which will be utilized for a variety of functions across the project’s ecosystem. A buy-and-burn scheme is also in place to relieve the pressure on the token price.

Traders, liquidity providers, and keepers benefit from the Marnotaur Defi-leverage platform

Liquidity suppliers, margin traders, and keepers are the three categories of users on the Marnotaur platform. The platform has basic leverage of 5x, but specific categories of users will have the opportunity to obtain access to higher leverage. Holders of Marnotaur NFTs will also benefit from a greater leverage ratio. The precise multiplier will be disclosed later, and it may vary depending on the DAO’s decision.

But, maybe most intriguingly, Marnotaur NFT holders can act as a liquidity keeper for the platform. Those who do so will be rewarded for closing positions at the agreed-upon price.

Owners of these NFTs also have exclusive access to a secret Discord channel, where they can communicate with team members, hear the news, read reports, and learn more about the project in real-time.