๐นFeatures
$SUSHI are CW404 tokens and can be used for Defi and NFT purposes, but not at the same time. All holders will need to make a choice on which to stake for Defi and which to maintain as an NFT. This will create a supply shock of fighters and cause upwards price pressure.
Basic Features
Basic features include:
You can buy or sell fractional $SUSHI tokens, and perform Defi functions such as yield farming on @Dojo_Swap.
You can buy or sell a Sushi Fighter NFT just like how typical NFTs function.
Sushi Fighter NFT Profile Pictures (PFPs) can be regenerated by buying and selling $SUSHI.
If you fulfil the Minting Criteria, you will generate a Sushi Fighter NFT with traits.
You burn 1 NFT each time your sell your $SUSHI tokens such that the number of $SUSHI tokens you hold drop below the next lower whole number.
Read our scenario cases here for reference.
Additional Features
We have also included additional features to improve the user experience of Sushi Fighters NFT. These include:
The order of the burning mechanism of CW404 tokens via holding of $SUSHI tokens in wallet is last-in-first-out. This means that the most recent NFT that was generated will be the first to get burnt should you sell your tokens such that your wallet holds less than your current whole number *
Inclusion of a token-locking mechanism. We have created the locking mechanism on our website to prevent your favourite Sushi Fighter NFTs from being burnt.
The process is as follows:
Sell/regenerate your NFTs until the ones you want to keep is next in line.
Lock the NFTs you wish to keep.
Transfer your locked NFTs to another wallet.
Continue to sell/regenerate the rest of the NFTs.
Prevention of wash-transfers. We have added criteria to prevent art generation from wash transfers. Users have to make sure at least 0.5 $SUSHI token was bought from Dojoswap DEX to be eligible to generate new NFT.
*In our thread here we mentioned it was First-In-First-Out. Please note that this is inaccurate and the CW404 Burning Mechanism works on a Last-in-first-out system.
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