👑Ascendant NFTs

Hybrid NFTs & Locking Ascendant Value

Ascendant introduces Hybrid NFTs, allowing users to engage with tokens beyond traditional holding by locking Ascendant tokens within NFTs. This creates a unique synergy between token utility and NFT ownership.

NFT Creation & Token Locking:

• Minting: Ascendant holders can mint Hybrid NFTs by locking Ascendant tokens, adding intrinsic value to each NFT beyond digital art.

• Token Lock-up: Locking Ascendant tokens within NFTs effectively removes them from circulation, significantly enhancing token scarcity and subsequently boosting their value.

• 8-Tier System: Hybrid NFTs come in 8 tiers, each doubling in Ascendant-backed value as users progress, increasing both rarity and value.

• 8-Day Mint Lock: Following NFT creation, an 8-day lock is implemented to guarantee participants receive at least one 8 day payout cycle and to prevent payout sniping.

Rarity & Variants

Each NFT minted in Ascendant has a predetermined chance of appearing as one of three unique variants: Male, Female, or Gold. The distribution is fixed, with only 7 Male, 2 Female, and 1 Gold variants available. While all variants cost the same to mint, their rarity may make them more valuable if the market assigns them a premium.

Key Points:

• Total Ascendant Supply: 1343 million tokens.

• Reward Pool Share: Each tier adds a 1% bonus multiplier to holders' reward pool share (e.g. Legendary Tier provides 8% bonus multiplier).

• Tier Values:

  • Legendary Tier 8: 1,000,000 Ascendant

  • Tier 7: 500,000 Ascendant

  • Tier 6: 250,000 Ascendant

  • Tier 5: 125,000 Ascendant

  • Tier 4: 62,500 Ascendant

  • Tier 3: 31,250 Ascendant

  • Tier 2: 15,625 Ascendant

  • Tier 1: 7,812.5 Ascendant

Owning a Hybrid NFT not only provides unique collectible and utility features but also offers access to a Reward Pool, motivating long-term ownership and active engagement within the Ascendant ecosystem.

• Reward Pool Allocation: DragonX acquired is divided as follows:

  • 50% to the 8-day payout cycle

  • 25% to the 28-day payout cycle

  • 25% to the 90-day payout cycle

Reward Pool Structure:

• Earning Rewards: NFT holders receive a share of rewards proportional to their pool percentage, providing passive income and enhancing the scarcity and value of Ascendant tokens.

• Reward Distribution: Rewards are distributed with higher tiers yielding greater rewards (an additional 1%+ per tier). This structure encourages holders to fuse and upgrade their NFTs to maximize returns.

The formula to calculate your shares is:

Shares = Ascendant Tokens × (1 + Multiplier)

To maximize your rewards, aim for the highest tier you can afford, it significantly boosts your share in the reward pool.