âšī¸Mint Details
Mint date still to be communicated
Last updated
Mint date still to be communicated
Last updated
Maximum supply will be 20,000:
Up to 10,000 BANX to be minted with Frakts
Up to 5,555 BANX to be minted with Gnomies
4,445 new BANX to be minted with SOL via Presales or WLs from Fraktlisting competition
Mint price for holders minting with Gnomies & Frakts (will timelock OG NFTs & remove all utility from them)
Free
Mint price for Presales & WLs minting with SOL
10 SOL
Total SOL
44,450 SOL
đĨ Revenue share backlog: 10,000 SOL đĨ Revenue share from future royalties, product fees, & protocol owned liquidity yield đĨ Chance at 25 1/1s đĨ Chance at rare, high utility points valued currently at 100+ SOL đĨ Every single trait is rare đĨ 5K SOL AMM offer liquidity post-mint
â Existing holders will be able to mint BANX, for FREE, using Frakts & Gnomies as WL tokens
đ Once used to mint a BANX, your Frakt or Gnomie will then be locked for a 1-2 years period in order to avoid any confusion on the market. After unlock, Frakts & Gnomies will coexist as NFT collectibles with no utility
đĢ° The exact amount of Partner/Player points of your Gnomie or Frakt will be migrated to its associated BANX
đ° Directly after mint, you will be able to borrow against your BANX proportionally to its amount of Partner points. Which means the floor unification won't affect the capital efficiency (loan values) for current Gnomies holders and will actually improve it for current holders of rare Frakts
âĄī¸ After mint, only BANX will retain the Player and Partner Points unlocking the FRAKT protocol benefits