Degen NFT

Arvin Degen NFTs are a collection within the Arvin Finance ecosystem, consisting of a total of 1,000 NFTs categorized into four tiers: legendary, rare, uncommon, and common. These tiers are distributed as follows: 50 legendary, 100 rare, 200 uncommon, and 650 common NFTs.

By holding and staking an NFT, users can avail themselves of discounts when using Arvin Finance. The discount percentage varies depending on the NFT tier, with a maximum discount of 20% (i.e., reducing the original interest rate by 20%).

Discount levels based on NFT tiers:

• Legendary: 20% off

• Rare: 10% off

• Uncommon: 5% off

• Common: 2% off

In order to encourage early contributors to participate in the build of Arvin Finance, Degen NFT will adopt the pricing and issuance method of bonding curve, which sets the conditions of the joint curve function relationship in terms of time and supply quantity. Over time, the pricing of Degen NFT will continue to adapt to market demand and increase in value. Therefore, the earlier you participate in Degen NFT Mint, the more you can enjoy Degen NFT with low prices.

Degen NFT is Arvin Finance's active exploration of the combination of functional NFT and DeFi. It is your VIP symbol in the Arvin DeFi world. In addition to lending discounts, it will add more interests in Arvin's various derivative businesses in the future, Degen NFTs will be a rare collection of interest NFTs in DeFi.