Paladin DAO NFT Boosters Tokenomics

PaladinDAO
3 min readFeb 13, 2022

Welcome back to Paladin DAO Folks!!

In this article we will be covering a brief introduction on to what the Paladin DAO NFTs have to offering to the users that hold the Pal NFTs.

Introduction

In basic standards the Paladin DAO NFT Utility can be considered as a unique asset class on its own as it has the ability to grant is users the ability to gain a additionally boosted APY when staking on the Pal Protocol. Fully adapted and aimed at being a functional NFT on the Metaverse, The Paladin NFT token will be a different asset class on its own in the industry.

As the Paladin Protocol Links 2 DEFI (NFTs & Rebase DAO)classes the scalability of the Paladin Protocol will be immense.

How does it work?

Basically the $Pal NFTs will be divided into five main classes namely Stater, Trite, Potin, Laydian and Drachma and how these assets have the ability to boost APY will be shown below —

Stater- Holders of these NFTS will have an additional boosted APY of 15.5%

Example base APY = 3,000,000 * 15.5%

“The Stater NFT holders will get an additional 465,000%APY.”

Total = 3,465,000%

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PaladinDAO

Paladin DAO is a decentralized reserve currency that runs on the Binance smart chain