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NFT [retired]

Mint Brewlabs NFT's to boost yields with NFT multipliers. Stake and earn with NFT's across the Brewlabs ecosystem.

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Tip: There are multiple use cases for the Brewlabs NFT. The primary attraction for most users is access to treasury - specialized pools that receive all platform-generated fees, distributed to Brewlabs NFT stakers.

Guides

How to mint a BREW NFT

About

The Brewlabs NFT is built on the ERC721 standard with metadata and images stored on Pinata IPFS. Enhanced with custom smart contract logic, these NFTs integrate seamlessly with the Brewlabs ecosystem, giving holders flexible options for utilizing their NFTs. Their value is driven by three key features: staking capabilities, reward multipliers, and exclusive feature access.

Mint randomization

Brewlabs NFT collection uses Chainlink VRFarrow-up-right to randomize mint outcomes. Chainlink VRF is a an on-chain randomization oracle that guarantees a random outcome for each Brewlabs NFT mint. Rarities are measured by mint chance, with the collection including 5 different NFT rarity categories.

Supply

The Brewlabs NFT collection has a dynamic supply, this is due to the nature of the custom upgrade logic within the smart contract. Circulating supply often varies due to users burning NFT's to upgrade certain NFT's. You can read more about the upgrade logic here.

A ceiling of 5000 Brewlabs NFT's has been set for the series one collection, once this ceiling has been met by total circulating supply of Brewlabs NFT's, mints will be exhausted and the collection series one will complete.

Deflation

Every second week, deflationary positions accrue Brewlabs NFT's through either direct mint or marketplace sweep. Purchased NFT's are then held in the treasury wallet and are utilised in seasonal staking pools.

Obtain

The Brewlabs NFT can be minted directly on the Brewlabs domain. If the ceiling for the season has been met, secondary sales are always available via marketplace.

Benefits

Brewlabs NFT's go beyond just an appealing image, we have included unique benefits the collection that users can utilize across the Brewlabs ecosystem. Importantly each rarity has access to different benefits and benefit rates.

NFT Staking

  • Access to Brewlabs NFT seasonal staking pools, funded by platform fees. Seasonal NFT staking pools provide a 9 month staking duration for all eligible NFT's. All NFT rarities earn at equal rate when staked, eligible staking NFT's include:

    • Rare

    • Epic

    • Legendary

  • Access to Brewlabs NFT Brew staking pools, funded by Brew token emissions. All NFT rarities earn at equal rate when staked, eligible staking NFT's include:

    • Rare

    • Epic

    • Legendary

Brew multipliers

  • Brew multipliers offer token stakers and liquidity token stakers the ability to increase their yields in Brew multiplier eligable pools. Each rarity of Brewlabs NFT has a multiplier attached. When a Brewlabs NFT is added to a staking position or yield farming position, the multiplier is applied to the user deposit balance, increasing their earning capacity in the selected pool. Find out more about multipliers below in categories.

  • All Brewlabs NFT's have a Brew multiplier.

Feature access

  • Certain early access or feature access benefits are provided to wallets that hold Epic and Legendary Brewlabs NFT's. Feature access is case by case and only occurs when partners approach Brewlabs to engage development services, at which time Brewlabs may be elgiable to early feature access on a certain product or token launch.

  • All NFT's have access to feature access.

Categories

Common Brewlabs NFT's

  • 50.00% mint chance

  • Cannot be staked

  • Combine 3 common NFT's to upgrade to an uncommon NFT

  • Provides 1.030x multiplier to balances when staking tokens or liquidity pool tokens

Upgrading

Users who mint common and uncommon Brewlabs NFT's have the ability to upgrade to the next category of rarity. The upgrade requires the combination of 3 NFT's plus BREW token and USDC.

Upgrading takes place on the NFT page of the Brewlabs dapp.

Upgrade your NFT now >
No upgrading past rare category available
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Supported networks

  • Base

Fees

Mint fee

To mint a BREW NFT a fee of 100 USDC and 100 BREW is paid. 100 USDC is sent to the treasury wallet and 100 BREW is burnt.

Upgrade fee

To upgrade a BREW NFT a fee of 50 UDSC and 33 BREW is paid, both currencies sent to the treasury wallet.

Royalty

A 5.00% royalty fee is paid to the treasury wallet on each BREW NFT sale via the marketplace.

Security

Brewlabs NFT smart contract has not been externally audited.

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