A Merging of DeFi & NFTs

LIFINITY
Flares

# of Flares
bought back
0
Remaining supply
0
Total # staked
0
Total # locked
0
Staking rewards
0
Current annualized
staking rewards per Flare

Staking

1,000,000 LFNTY (1% of the total supply) will be distributed to Flare stakers over the course of a year.Stakers will receive a continuous stream of LFNTY until 15:00 UTC May 16, 2023, and you can unstake at any time.

Locking

Locking a Flare grants you 1/10,000 of what remains of the 1,000,000 LFNTY as 4-year locked veLFNTY.Once locked, you will not be able to withdraw it until 15:00 UTC May 16, 2023.

Flares can be purchased atMagic Eden

What are
Lifinity Flares?

Lifinity Flares are a set of 10,000 NFTs with two purposes:

  • Raise capital to seed Lifinity's pools with liquidity
  • Perpetually create value for NFT holders

This is accomplished through the following mechanisms.

LIFINITY Flare

Utility

  1. 100% deposited to liquidity pool
    mechanism1
    All of the funds raised from the sale of Lifinity Flares will be deposited into Lifinity's liquidity pools.
  2. Buyback and reinvest
    mechanism2
    All revenue from trading fees & royalties will be either used to buy back Lifinity Flares or reinvested in the liquidity pools.
  3. Buyback mechanism
    mechanism3
    If the floor price ever falls below 50% of the mint price, we will buy back all Lifinity Flares below that price using funds in the pool (i.e. not just profits but funds from the sale).
  4. LFNTY token airdrop
    mechanism4
    1% of the supply of LFNTY, Lifinity's governance token, will be reserved for NFT holders.