Futures
Access hundreds of perpetual contracts
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One platform for global traditional assets
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Trade European-style vanilla options
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Use virtual funds to practice risk-free trading
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Collect candies to earn airdrops
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Quick staking, earn potential new tokens
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Trade on-chain assets and earn airdrops
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Earn futures points and claim airdrop rewards
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The protocol offers four foundational NFT tiers, each representing different asset levels and backed 1:1 by your deposits:
• WFRAX Base NFT — Requires 1,000 WFRAX deposit
• sfrxUSD Base NFT — Requires 1,000 sfrxUSD deposit
• sfrxETH Base NFT — Requires 1 sfrxETH deposit
• FPI Base NFT — Requires 1,000 FPI deposit
Each NFT maintains full collateralization by the underlying asset you lock in. This structure ensures transparent value backing and provides users with clarity on what their NFT position represents within the ecosystem.
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It's a 1:1 collateralization again, feels nothing special...
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Wait, how do you use these four NFT levels? What can you do with them once you hold them?
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Transparent support sounds good, but I don't know how this thing will finally be monetized.
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Starting at 1000 for WFRAX is a bit painful.
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This design idea is interesting; each level corresponds to different assets, but it also depends on how the ecosystem uses it.