Farm DENA with NFT [1st INO Special]

DeNations
2 min readDec 31, 2020

Farm DENA with DeNations’ NFT. The first DENA farm for NFT owners will open on January 1st , 2020, 12:00 am UTC and last until the January 29th 2020 12:00 am UTC (28 days).

Follow below steps to participate.

STEP 1. Own Nation Ownership NFT card of 5 nations.
(France, Japan, Italy, India, Republic of Korea)
Buy Now >

STEP 2. Fill out below form.
https://smatoos.typeform.com/to/eSeTyOEm

STEP 3. Keep NFT in your Ethereum Account for as long as you want to farm.
If you send your NFT to other Ethereum account(entered on the form above), then your farming stops.

STEP 4. Done! You will receive your farmed DENA, every week

Farm Details

  • Eligible for Nation Ownership NFT card holders of 5 nations.
    (France, Japan, Italy, India, Republic of Korea)
  • Farm Size
    2,700 DENA will be distributed.
  • Farm Period
    January 1st , 2020, 12:00 am UTC and last until the January 29th 2020 12:00 am UTC (28 days).
  • Farm Rate
    96 DENA
    per day
    0.034722 DENA per block (14s block time)
  • Farming Power
    Total sum of DGDP 2019 of NFT

    You will continuously accumulate DENA proportional to DGDP 2019 of your registered NFT card.
  • Example
    If your registered NFT card’s DGDP 2019 is 100 and total DGDP 2019 of all (including yours) registered NFT cards is1,000, then you will receive (100/1,000)*0.034722 DENA per block
  • President Benefit
    Additional 300 DENA will be distributed to the president proportional to DGDP 2019 of his registered NFT cards. Ethereum account who registered the most NFT cards of a nation becomes the president of the nation. (1 president/ 1 nation)

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