While participating in the Bifrost SALP program has provided contributors great benefits, such as liquidity and staking rewards, we felt it’s time to add an extra incentive to the mix… a token of gratitude from not only us, but from the project(s) they contributed to, as well!

Introducing the Bifrost Finance NFT Program!

Bifrost + Nodle NFT (Bronze)

What is the Bifrost NFT Program?

Bifrost Finance and our partners have decided to reward contributors for the project(s) they choose to back. Each unique NFT will represent both Bifrost and the respective project on a single NFT. We feel this is a fun and unique look; a new angle on NFTs we’ve not seen used by other projects before.

How does it work?

Obtaining an NFT is simple. Contribute to any project of your choosing and you’ll receive an NFT. Contribute higher and you’ll receive a higher tiered NFT. Our system basically works as follows:

TIER 3 (Bronze): Contribution is greater than or equal to 0.5 KSM, or 5 DOT

TIER 2 (Silver): Contribution is greater than or equal to 10 KSM, or 100 DOT

TIER 1 (Gold): Contribution is greater than or equal to 100 KSM, or 1000 DOT

Each tier is unique, with differing colors, graphics, etc. The higher the tier, the more rare the NFT, of course.

When & How do I receive my NFT?

Once a project has officially won the auction, NFTs will begin to be distributed within the following week, or less. You don’t have to do anything, your contribution address is all that is needed. We will provide announcements to the community and will answer questions in our forums.

Will contributors be allowed to suggest NFT ideas?

Yes! If you plan to contribute to a specific project, feel free to join our Discord server and let us know your thoughts about the artwork you think may be suitable for that particular NFT. Who knows? Maybe your idea will make the final release!

Will previous auction winning projects still receive NFTs?

Yes! While we are working to first accommodate our existing auctions to further incentivize contributors, we fully plan to also award previous contributors for projects who have already won their auction. We just ask for patience, as our artists are working hard to produce and get our NFTs minted.

We hope you enjoy this new incentive! Happy Contributing!