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
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    • Disclaimer
  • Resources
    • Glossary of Terms
    • Frequently Asked Questions
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  1. Project Information
  2. ThorFi NFTs
  3. Types of NFTs

Drift NFTs

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Last updated 2 years ago

Drift NFTs are NFTs that go through . Drift NFTs have a chance to produce an increased amount of rewards, versus the NFTs, when staked for 90 days, and then the NFT expires, transforming into . Drift NFTs still include both a Thor and an Odin tier NFT under the Drift node umbrella. Both are required to go through a to acquire Drift Burn .

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 nodes at once

          • 1 NFT transformed gives a 6x average

          • 5 NFTs transformed gives a 7x average

          • 10 NFTs transformed gives an 8x average

NFT Multiplier Chance

NFTs
1 NFTs
5 NFTs
10 NFTs

Multiplier

3x

15.5%

3%

11%

4.5x

34%

46%

15%

6x

36%

17%

31.6%

9x

9%

25.9%

29.9%

15x

4.9%

7%

11%

30x

0.40%

0.90%

1%

100x

0.20%

0.20%

0.5%

  • 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.

      • If you claim prior to 90 days, your reward structure will be reduced; see below chart.

Day Count
Daily Rewards

30 - 59

90% of determined reward rate

60 - 89

80% of determined reward rate

90

Rewards end - 100% determined reward rate available

If you do claim before the full 90 days, your determined reward rate is reduced by the above amount (10-20%). If you wait until the 90 days end to claim, you will receive the full amount.

  • You can purchase Drift NFTs on the secondary market

  • Drift NFTs cannot be compounded

The Drift Thor & Odin NFTs have a number of direct actions able to be taken, found below;

After the above direct actions are taken, there are available subsequent actions;

The Drift Reward Rate (DRR) is locked in at the time of minting based on the current and your NFT multiplier

You can convert Origin NFTs by using the function in the

VRR
transform
Marketplace
Drift Burn
Hold
Fusion
Open A Capsule
Origin
Transformation
Origin
ThorFi Keycards
Drift Burn
Capsules