MUMMY Finance
Launch App
  • Introduction
  • Audits
  • Tokenomics
    • Staking lzMMY on Optimism
  • Rewards
  • Earn
    • MLP
    • MSLP
      • Multi-asset Minting (Fantom Opera)
  • Trade
    • Trading V1
    • Trading V2
      • Positions
        • Profit, Loss, and ROI
        • Increase Collateral/ Leverage
        • Add to Position
        • Triggered Orders
        • Edit Triggered Orders
        • Close Position
      • Platform Mechanics
        • Pyth Price Feed
        • Fees
        • Risk Mitigation
    • Asset Pairs and ID
  • Swap through Aggregator
  • Prediction
    • How to Use Prediction
    • Prediction FAQ
    • Prediction Troubleshooting
  • Wormhole Bridge
    • Wormhole Bridge Guide
    • Wormhole Bridge FAQ
  • Mummy NFT
    • Mummy Club on Fantom
      • Why should you buy Mummy Club NFT?
      • The early bird gets the fat worm
      • Mummy Club Sale Details
      • How to buy and earn with Mummy Club NFT
      • How to stake Mummy NFT and Real Yield on Mummy
    • Mummy Rebirth NFT on Fantom
      • Mummy Rebirth Benefits
      • Mummy Rebirth Sale Details
      • ⚠️Cautions
      • How to mint Mummy Rebirth?
      • FAQs
    • Mummy Club on Optimism
      • Why should you mint NFTs on Optimism Mummy Club?
      • Mummy Club 2nd collection sales details
      • How to buy and earn with Mummy Club NFT on Optimism
  • Social Features
    • Referrals V1
    • Referrals V2
    • Position Share
  • Helpful Guides
    • Trade Guide
      • Deposit/ Withdraw Collateral
      • Open/ Close a position
      • Edit Position
        • Add to position
        • Increase Leverage
        • Increase Collateral
        • Add Take Profit/ Stoploss
        • Add Trailing Stop
    • Connect Wallet
      • Connect with MetaMask
      • Connect with CoinBase
      • Backup RPC URLs
  • Contracts
    • Contracts V1
    • Contracts V2
  • Mobile
  • Community Groups
  • Terms Of Use
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Mummy Rebirth Benefits

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Last updated 1 year ago

When you mint Mummy Rebirth, we have some exciting benefits in store for you:

  • Receive a refund in multiDAI. (Only for NFT V1 holders)

  • Receive an esMMY bonus (which can be vested without a reserve only if you don’t stake it first). These esMMY tokens are sourced from our Dev Fund, Treasury, and Vault.

  • The revenue generated from minting will be carefully divided:

+ 50% of the revenue will be used to boost the MLP v2 (utilizing LayerZero’s assets) liquidity pool, ensuring a healthier ecosystem. All the rewards will be directed back to Mummy Rebirth stakers.

+ The remaining 50% will be reinvested to earn fees for the protocol and maintain the protocol, thereby increasing overall profitability. These funds could also be used to add liquidity for MMY/WTFM at this stage.

  • As an additional perk, Mummy Rebirth stakers will receive a 10% fee from protocol in $FTM, adding extra value to your holdings. The fee-sharing portion of the protocol will be updated as follows: (This portion will be subjected to re-voting after 1 year)

+ MMY/esMMY stakers: 30%

+ MLP stakers: 60%

+ NFT stakers: 10%

For instance: Since its launch on Fantom 8 months ago, Mummy has yielded approximately $2.8 million. As a result, rewards will be distributed to NFT stakers, with the aforementioned portion amounting to $280,000, in addition to the rewards derived from staking MLP in the Treasury.

  • Users will have the opportunity to engage in the decision-making process to determine allocation and guide protocol development. Remember, for Governance voting, holding NFTs is all that matters, regardless of MMY ownership.

  • Mummy Rebirth utilizes LayerZero’s advanced technology, paving the way for future bridging possibilities.