ThorFi Litepaper
  • Project Information
    • Overview
      • ThorFi Principles
    • Tokenomics
    • ThorFi GameLoop
    • ThorFi NFTs
      • Types of NFTs
        • Origin NFTs
        • Drift NFTs
      • NFT Actions
        • Origin Burn
        • Transformation
        • Drift Burn
        • Fusion
        • Open A Capsule
        • Hold
      • VRR
      • Maintenance Fees
      • Claim Tax
      • Bifrost Contract Updates
    • ThorFi Keycards
    • ThorFi Capsules
    • Capsule Marketplace
    • Staking
    • OTC Dapp
      • OTCaaS
    • Treasury Reserves
    • Future
    • Roadmap
    • Partnerships
    • Disclaimer
  • Resources
    • Glossary of Terms
    • Frequently Asked Questions
    • Official Links
    • Contract
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  1. Project Information
  2. ThorFi NFTs
  3. NFT Actions

Transformation

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Last updated 2 years ago

Transformation is an action taken in order to convert an , into a

The Drift Reward rate is locked in based on the current Origin NFT’s and an NFT multiplier is applied via Chainlink VRF. Rewards are then collected by staking the NFT.

Transforming into a allows the chance to receive an increased amount of rewards for 90 days, followed by the NFT becoming a , which may be paired up (1 Odin/1 Thor) to be into a Drift .

At the time of transformation, a number of changes occur;

  • NFT Multiplier is applied via Chainlink VRF

    • Multipliers may be 3x, 4.5x, 6x, 9x, 15x, 30x, 100x

      • The number of NFTs transformed affects the multiplier

        • Increase your odds for a better multiplier by transforming 5 NFTs at once, and even more by transforming 10 NFTs at once

  • The Drift Reward rate is locked in based on the current and your NFT multiplier

  • The Drift NFT is minted in a deactivated state

    • The NFT must be staked to collect rewards and begin the 90 day timer

    • Rewards can be claimed once every 30 days

      • Ex: If someone claims on day 40, they will receive rewards for the first 30 days, and the additional 10 days remain on the contract until they are accessible on day 60, and then the remainder again on day 90.

Drift NFTs
Drift Burn
Fusion
Origin N
FT
Drift NFT.
VRR
Drift N
FT
ThorFi Keycard
Fused
Capsule
VRR