To the Niubiswap Community,
We are pleased to announce our first INO project with Nezer!
Nezer is a new staking platform on Binance Smart Chain that allows users to stake their NFTs to receive Nezer Tokens in return. Bringing a new use case to everyone’s NFTs is a big advantage to be had in the DeFi space, as many users have multiple, idle NFTs that can now earn passive yield.
With Nezer, any NFT can be staked. However, staking rewards will be dependent on the quality level of the NFT, how long it is committed for staking, and how many Nezer are allocated to stake the NFT in the ecosystem. The tiers and their requirements are as follows:
Bronze Tier: 500 NEZER Staked, 5 day staking requirement, level 1 NFT required
Silver Tier: 1,000 NEZER Staked, 5 days staking requirement, level 1 or 2 NFT required
Gold Tier: 2,500 NEZER Staked, 5 days staking requirement, level 1–3 NFTs required
The NEZER token will be utilized not only as a staking token, but also as a community governance token. This allows the fate of the future of the project to lie solely in the hands of the community and those who decide to participate in the ecosystems developed. Your voice can and will be heard!
Their app has not been released yet, with a release date of June 2021. They are upgraded to provide compatibility with flow blockchain so users will be able to stake NFTs from popular sites like NBA Top Shots. A Public Sale will also be conducted at a later date and will be announced in the community chat and announcements channel. In order to be eligible for the public sale, users must provide liquidity in the NIU-BNB-LP pairing.
We believe that providing our users with a partnership to earn passive yield on their idle NFTs is a win win situation for both communities and further aids in the growth and development of both ecosystems. NFTs and yield farms are proving to be some of the hottest and most profitable niches in crypto, and the team at Niubiswap is always keeping its community in mind when honoring our commitment to bringing a decentralized and community driven AMM to the masses.
As we continue to pursue and network with other projects and communities, please subscribe to our telegram, Twitter and Medium channels to stay up to date on all things Niubiswap. As we navigate through his upward trending market, the work required to make Niubiswap the #1 AMM on the Eastern Hemisphere is essential. We are thankful for the support our community has shown us since launch and we will continue to work tirelessly.
Thank you!
The Niubiswap Team
