NFTfi Announces Rewards Program

NFTfi Announces Rewards Program

NFTfi introduced a loyalty program for users of its platform, offering exclusive rewards to eligible borrowers and lenders.

The Deets

  • Non-transferable reward points for eligible borrowers and lenders
  • OG Point balances are live; secure them by starting a loan before May 15
  • Earn Season 1 begins on May 15; larger loans may result in more points
  • 200 bonus OG Points available for 25 active community ambassadors
  • US Residents and persons not eligible for NFTfi rewards

The Details

NFTfi has introduced its rewards program, allowing eligible borrowers and lenders to earn exclusive, non-transferable reward points. OGs (original users) can check their point balance in the dapp and secure their points by starting a loan before May 15 at 9:00 p.m. ET. 

The next phase, Earn Season 1, kicks off on May 15, and eligible loans repaid after the snapshot will count. Larger loans may potentially result in more points, encouraging more significant activity within the platform.

NFTfi is also offering an opportunity to boost OG Points. They will give 200 bonus OG Points to 25 followers who quote the announcement tweet and share their excitement for the NFTfi platform.

ğŸŽ¤ Platform Prose

This is not an offer of tokens or securities. Reward points are at present not redeemable. They are planned to be redeemable for blockchain tokens at a later point in time for eligible users. NFTfi

❗️Why It Matters

NFTfi created some speculation a few weeks ago with its snapshot that captured all NFTfi history. We now know that snapshot was calculating reward points and labeling wallets as "OG" users of the lending and borrowing platform. While it's not quite an airdrop, it seems that former users of the platform are going to have some financial reward.

Unfortunately though, U.S. residents and users (likely due to regulatory concern) are not eligible to participate or redeem reward points. 

ğŸŽ¬ Take Action

Any member who had used NFTfi before the snapshot a few weeks ago can secure their OG Points by starting an eligible loan before May 15 at 9:00 p.m. ET.  

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Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.