nftperp does not have a token live yet which makes attracting liquidity a challenge. Appropriate amount of incentives for liquidity is crucial for the success of protocol’s early stage traction. Our answer to liquidity incentives prior to token launch is:

The on-chain voucher system — $VNFTP

Overview of $VNFTP

$VNFTP is a voucher token that can be converted into $NFTP in the future. The shares of $VNFTP represents users future ownership to the nftperp DAO ❤️ With $VNFTP, nftperp as a community can recognize and reward users and contributors to the protocol and the DAO.

There are a few key characteristics of $VNFTP:

1. $VNFTP are non-trasferrable
2. Are on-chain
3. Hold Governance Power and can be boosted by our upcoming NFT collection

Incentives 1 — Paper Trading Competition 🏆 (ended)

nftperp is allocating 510,000 $VNFTP to each Seasons of Paper Trading Competition.

The rewards for each Season are given out to traders that rank between 1st and 200th place on our dapp’s leaderboard. Rewards are as follows —

• 1st Rank — 50,000 $VNFTP
• 2nd Rank — 30,000 $VNFTP
• 3rd Rank — 15,000 $VNFTP
• 4th to 25th Rank — 7,500 $VNFTP per wallet
• 26th to 100th Rank — 2,000 $VNFTP per wallet
• 101st to 200th Rank — 1,000 $VNFTP per wallet

Incentives 2 — Private Beta Trading Competition 🤫 (ongoing)

nftperp’s private beta trading competition comes with rewards for winners.