Implementation of DAO voting proposal #13: pBTC-on-BSC compensation plan

Step 1: NFT sale for pBTC-on-BSC-v1 holders

What is the NFT sale for pBTC-on-BSC-v1 holders: as per the compensation plan (reference: Aragon), pBTC-on-BSC-v1 holders have the option of purchasing unsold NFTs at the same price of the pre-sale.

Who is eligible: anyone holding pBTC-on-BSC-v1, including new holders

Yolo Parrots NFT Sale details:
0.01 pBTC-on-BSC-v1 per NFT
Payment in pBTC-on-BSC-v1
2,000 NFTs available*
Minted in sequence
First come, first served

*This sale includes a first batch of 2,000 NFTs starting from ID 8000. Additional unsold NFTs will be made available via subsequent batches, details to follow after the sale for batch 1 is live.

How to participate: pBTC-on-BSC holders willing to participate in the NFT Pre-sale need to follow the instructions below:

  1. Send a 0.01 pBTC-on-BSC-v1 payment to the BSC address 0x78bdE6e7C5463876e40fFde6DADa309496fA324e for each NFT you want to mint. You can mint multiple NFTs at a time by sending the payment in multiples of the amounts specified above (no limits!). Example: if you send 1 pBTC-on-BSC-v1, you will mint 100 NFTs.

Important note: if you fail to send a multiple of the specified pBTC-on-BSC-v1 amounts above or if the Sale is sold out, your transaction will automatically fail and the funds sent back to your address. So, the refund is instant and automated.

  1. Instant NFT minting

  2. Receive your Yolo Parrots NFTs

To summarize, each NFT:

  • Includes 400 PNT (you can burn your NFT at any time and get 400 PNT back)
  • Holding 10+ Yolo Parrots NFTs lets you run a pNetwork node (to power $1B+ in cross-chain transactions & access rewards)
  • Will be used in the context of the Hexagons Game (Play to earn)
  • Bonus point for 1st Yolo Parrots NFT owners: match 10 NFTs to access a DeFi debit card w/ 16% crypto cashback for 1 year via Eidoo.app - more instructions on how to claim this benefit will follow (EidooCARD is running on Ethereum L2, available in the UK & EU)

The NFT rarity for each token ID can be checked at: Rarity Score

Additional notes:

  • This option is made available via a self-hosted NFT sale as no established NFT marketplace on BSC offers the option to pay using a custom token.
  • IMPORTANT: This step is opt-in. By joining this step, pBTC-on-BSC-v1 holders accept an NFT price of 0.01 pBTC-on-BSC-v1 per NFT. pBTC-on-BSC-v1 holders can decide to skip this option and only be part of the other steps included in the compensation plan.
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