How to Upgrade Your VIP NFT Community Rewards in the CIFI Ecosystem
As we continue our mission to rebalance the CIFI : REFI ecosystem, we’re thrilled to announce a special opportunity for our early supporters!
This initiative is designed to enhance your rewards and further solidify your integral role in our growing community. In this article, we’ll walk you through the process of upgrading your VIP NFT community rewards and explain how this step contributes to the broader vision of the CIFI ecosystem.
A Special Opportunity for Our Early Supporters
The first phase of rebalancing our ecosystem focuses on offering all VIP NFT holders who have been with us from the very beginning the chance to elevate their rewards. Specifically, we’re providing an option to transition from the original staking contract, which offers a 6% annual reward in REFI, to a new staking contract that delivers an impressive 50% annual yield in REFI.
Why This Matters
This enhancement is not just a token of appreciation but a strategic move that serves two key purposes.
Firstly, it recognizes and rewards the commitment of our early supporters by significantly boosting their returns.
Secondly, it acts as an incentive for new members to join our community by purchasing a VIP NFT, thereby increasing liquidity within the ecosystem.
For a limited time, we’re extending an exclusive offer to VIP members numbered 0 to 300. You now have the opportunity to transition your VIP NFT from the original 6% staking contract to the new 50% staking contract. This move allows you to maximize your rewards during this special period.
However, this enhanced reward pool is finite. Once the rewards allocated to the 50% staking pool are fully distributed, this opportunity will conclude. At that point, we encourage all VIP members to transition back to the original 6% staking pool to continue enjoying consistent rewards and maintain your voting rights within the ecosystem.
Understanding the VIP NFT and Your Role in Governance
The VIP NFT is more than just a digital collectible; it’s your passport to active participation and influence within the CIFI ecosystem. Holding a VIP NFT grants you voting rights, allowing you to have a say in important decisions and the future direction of our platform.
It’s crucial to note that to exercise these voting rights, you need to stake your VIP NFT in the 6% staking pool. This pool is specifically tied to governance participation, ensuring that those who are committed to the ecosystem have a direct impact on its evolution.
Maximizing Your Participation and Rewards
By taking part in this limited-time offer, you not only amplify your own benefits but also contribute to the overall health and growth of the CIFI ecosystem. Increased liquidity from new and existing members strengthens our platform, enabling us to pursue more ambitious projects and innovations.
After the special rewards period ends, returning to the 6% staking pool ensures that you remain an active participant in governance. Your voice is vital in shaping the future of CIFI, and continued engagement in the voting process helps steer our collective journey toward success.
The Impact of VIP Membership Sales
To date, we have sold 69 VIP memberships, a milestone that has been instrumental in propelling the CIFI ecosystem forward. The funds generated from these sales have been judiciously utilized to develop and maintain the platform, ensuring stability and continuous improvement.
Looking ahead, we plan to allocate incoming funds from VIP NFT sales in a way that bolsters the ecosystem’s sustainability. Half of the proceeds will be directed to our vault, where they will be securely held in CGO (ComTech Gold Token). The other half will be deployed to generate returns by lending XDC into trade finance lending protocols. This strategic allocation not only strengthens our financial foundation but also creates opportunities for compounding growth over the next year.
How to Become a CIFI Governor
For those looking to deepen their involvement and reap even greater rewards, we present the CIFI Governor NFT. This exclusive asset is your gateway to higher governance and increased earning potential within the ecosystem.
To acquire a CIFI Governor NFT, you need to purchase it for 100,000 CIFI Tokens. CIFI Tokens can be purchased through Bitrue or Globiance upon KYC with each respective platform. This investment into CIFI Governor NFTs reflect a commitment to the long-term vision of the platform and positions you among a select group of influential members.
As a Governor NFT holder, you stand to benefit in multiple ways.
You’ll receive staking rewards, providing a steady stream of returns on your investment of 10% APY in CIFI tokens. Additionally, once we secure the necessary legal approvals, you’ll be eligible for dividends derived from the profits generated by the ecosystem as it lends XDC.
This dual earning potential makes the Governor NFT a valuable asset for those dedicated to the success of CIFI.
Ensuring Sustainability and Growth
Our strategy includes a thoughtful approach to token circulation to maintain demand and value. With only 250 Governor NFTs available, each representing a significant stake in the ecosystem, we anticipate welcoming approximately 10 new governors each year. This gradual introduction supports sustainable growth and keeps the community engaged and invested.
By requiring 100,000 CIFI Tokens for each Governor NFT, we effectively remove 1 million CIFI tokens from circulation annually. This reduction helps drive demand for the token, contributing to its long-term stability and value appreciation.
Your Next Steps as a VIP NFT Holder
We encourage all eligible VIP NFT holders to seize this opportunity to enhance your rewards and further your involvement in the CIFI ecosystem. Here’s how you can make the most of this offer:
STEP 1: HEAD OVER TO CIRCULARITY DAO DASHBOARD
To Transition to the 50% Staking Contract by unstaking your VIP NFT
STEP 2: UN-STAKE YOUR ASSET
Begin by moving your VIP NFT from the 6% staking pool to the new 50% staking pool. This will allow you to enjoy the heightened rewards during the limited availability of this offer.
STEP 3: RE-STAKE YOUR VIP MEMBERSHIP
Keep an eye on updates regarding the 50% staking pool to ensure you’re aware of when the enhanced rewards are nearing depletion. If rewards have been depleted, make sure to return to the 6% Staking Pool.
Once the 50% staking rewards have been fully distributed, transition your VIP NFT back to the 6% staking pool. This step is essential to maintain your voting rights and continue contributing to the governance of the ecosystem.
Consider Becoming a CIFI Governor
If you’re interested in taking a more active role and maximizing your earning potential, explore the option of acquiring a CIFI Governor NFT. This move positions you at the forefront of our community, with access to exclusive benefits and decision-making influence.
Building a Stronger Community Together
This initiative is more than a rewards upgrade; it’s a collective step toward a more vibrant and resilient ecosystem. By enhancing the benefits for our early supporters and inviting new members to join, we’re fostering a community that is both dynamic and inclusive.
Your participation is crucial. Whether you’re upgrading your staking contract, maintaining your voting rights, or stepping into a governor role, each action you take strengthens the CIFI platform. Together, we’re shaping a future where decentralized finance is accessible, rewarding, and driven by its community.
Stay Connected and Engaged
We understand that navigating these opportunities may raise questions, and we’re here to support you every step of the way. Visit our official channels for detailed instructions on upgrading your staking contract and to learn more about the benefits of becoming a CIFI Governor NFT holder.
Your feedback and engagement are invaluable. We encourage you to share your thoughts, ask questions, and connect with fellow community members. By staying engaged, you’re not only enhancing your own experience but also contributing to the collective wisdom and success of the CIFI ecosystem.
We’re immensely grateful for your support and dedication. This rewards upgrade is a token of our appreciation and a testament to the exciting developments on the horizon. As we continue to rebalance and grow, your involvement remains the cornerstone of our progress.
Together, we’re building more than just a platform — we’re forging a community united by shared goals and a vision for a decentralized financial future. We look forward to embarking on this next chapter with you.
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