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SIL NFT

SIL NFT

Overview​

The SIL bootstrap Team will be releasing different series of NFT decks in conjunction with different artists. SIL's NFT is Augmented Functional NFT (SAFN), which will enhance the user's mining experience in a variety of ways.

Each SAFN has an attribute that contains the effect of acceleration or deceleration. The acceleration card enhances the mining speed of matching LP assets, and each SAFN has a corresponding coin that is in effect (e.g., it is in effect for ETH coins), and its effective length of use varies. Each card has a unique number, which can also be read by the digital wallet that stores the card.

SAFN is divided into 5 levels, from low to high: common, uncommon, rare, epic, and legendary. The higher the grade, the higher the rarity, the smaller the circulation and the stronger its additive effect. For example, an ETH acceleration card with legendary rank with Vitalik cover will enhance the mining speed of all ETH-related LP pairs. If this SAFN card is obtained, it can be injected into the mining pool (use this card to speed up ETH mining when the ETH is on either side of an A/B asset, such as ETH / BUSD or BTCB/ETH, for more mining gains) and the user's SIL mining rate will be multiplied by the multiplier on the card.

Multiplier effects of the SAFN cards​

If the multiplier is 1.1x, the yield of SIL will be multiplied by 110%, which means that if you deposit USDT in the mining pool for 1 week and earn a reward of 1 SIL token, the SAFN card will increase the yield to 1.1 SIL token. there will be DEBUFF cards in addition to BUFF cards, and the multiplier factor of DEBUFF will be less than 1.

It is interesting to project the acceleration or deceleration effect of this NFT card to any address. the percentage of acceleration or deceleration of SAFN cards can be stacked, but will be capped.

Each SAFN issue is limited in number and will be sold for a certain period of time, and all SAFN cards are sold through the Mystery Box Store. Users can get SAFN by purchasing the Mystery Box, or they can get NFT Mystery Box airdrop to get the chance to draw SAFN in some official events.

SIL.Finance successfully launched its NFT Mystery Box product on June 23, 2021 with a random SAFN airdrop campaign for early SIL users and an NFT Mystery Box airdrop for early BSC participants.

Subsequently, the SIL team will release more series of NFT cards and give SAFN more playability.

SAFN's setting​

  • SAFN is divided into 5 levels, from low to high: common, uncommon, rare, epic, and legendary.
  • The higher the rank, the higher the rarity, the smaller the circulation, and the stronger its bonus effect.
  • Each SAFN contains the effect of acceleration or deceleration.
  • Its corresponding coins in effect vary, as does the effective length of use.
  • Each card has a unique number, which can also be read by the digital wallet that stores the card.
  • SAFNs can be recast and synthesized to obtain new properties

NFT IMG_0

The above is the card of the first series of SAFN, its number is NO: 001234, rare grade, with the function of deceleration, the corresponding effective currency is Cake, and the effective use length is 7 days

Acceleration card settings​

  • Maximum acceleration card slot: 3 (i.e. up to 3 cards can be used at the same time when using an acceleration card)
  • Maximum acceleration ratio: 24% (SAFN acceleration cards can be stacked, but the stacked use of acceleration ratio does not exceed 24%)
  • Acceleration rate: 0, 3%, 7%, 13%, 20%

Deceleration card settings​

  • Maximum deceleration card slot: 2 (i.e., a maximum of 2 cards can be used simultaneously when using a deceleration card)
  • Maximum deceleration ratio: 0.5% (SAFN deceleration cards can be stacked, but the stacked use of deceleration ratio does not exceed 0.5%)
  • Deceleration rate: 0, 0.1%, 0.2%, 0.3%, 0.4%

Use of SAFN​

A tutorial on the use of SAFN can be found at: SIL Augmented Functional NFT (SAFN) USER GUIDE.

What SAFN does​

  • Boost mining speed - Users can use SAFN cards to boost their mining speed to increase their mining revenue
  • Collecting value - Each issue of SAFN is collaborated with a different artist, the number of NFTs issued in each issue is limited, and each issued NFT has a unique ID
  • Free trading - users can trade their SAFN cards directly among themselves, or hang orders for sale on the NFT trading platform that supports NFT display for sale

How to get SAFN​

  • Purchase in the NFT Mystery Box Store
  • Purchase from other holders in the NFT market (as a secondary market, the price is determined by the owner) (We plan to launch SIL's NFT trading platform for trading between users, who can also go to third-party NFT trading platforms to trade)
  • Official airdrop campaign

SAFN Resetting and Merging rules (this function is WIP)​

  • If users are not satisfied with the function of the SAFN card they have, they can reset the function of the card, resetting the function of the NFT card will consume 0.05SIL
  • Users can choose to merge 5 ordinary NFT cards into 1, merging will consume a certain amount of SIL
  • Expired SAFN cards can also be merged into new SAFN cards, merging will consume a certain amount of SIL

More details will be announced later, please stay tuned!

NFT DAO model​

If there are community enthusiasts who wish to participate in the design and production of SAFN with us, they can contact the SIL team via email at [email protected]

YOU ARE NFT​

We provide NFT customization service for users, we will charge a certain SIL for each customized work. if you want us to customize your exclusive NFT for you, you can contact us by email, our contact email is: [email protected]