ABEL Finance shares details of its upcoming Lions NFT collection
The total supply for the Abel Finance Lions NFT collection is 5000. The NFT snapshot will be March 15, with the release date and price announced later.
Aptos-based chain lending platform ABEL Finance shared details of its upcoming Lions NFTs on March 4.
According to the recent announcement, the NFT supply will be 5000. The NFT snapshot is scheduled for March 15th, with the coin date and coin price yet to be announced.
As reported, ABEL will offer a higher Loan-to-value (LTV) percentage for the NFT collection than other collections on the lending platform when collateral is available. Furthermore, Abel Lions NFT will increase $ABEL rewards by 2% from stake APY, and royalty payments will go directly into the DAO Treasury Wallet.
“With Abel Lion’s NFT, we are charting a path towards a future that is fairer, more transparent and more inclusive for everyone,” the blog said.
In addition, users can stake Abel Lions NFT to mine the $ABEL token at a fixed rate of 0.01 $ABEL per hour for one year. According to the reports, there is also the possibility of adding more functions to Abel Lion’s NFT. Whitelisting for Lions NFT requires completing certain steps, which can be found here.
Abel Finance at Aptos gained attention after launching its IDO on November 28which continued until 8 December.
12,000,000 ABEL tokens were initially sold on the Aptos Network. As part of the 12-month release schedule, the remaining 7.5% will be released every month. By holding the coin, holders can access Abel Finance’s earnings and use them for governance voting. They are also listed on the IDO collaboration project’s whitelist.
What is ABEL Finance:
ABEL Finance is a chain lending platform for crypto assets. The Aptos and Sui networks serve as their foundation. In addition to accepting coins and non-fungible tokens (NFT) for lending, the company also has official treasury insurance.
This platform was made public on December 4, 2022, when Abel Finance was launched on Aptos. The platform launched with APT, zUSDT, whUSDT, zUSDC and whUSDC available for lending. In addition, with the Abel Finance platform, you can use wallets such as Trust Wallet, Martian Wallet, Petra Wallet or BitKeep Wallet.
Where to find Abel Finance:
Website | Twitter | Medium | Discord | Gitbook
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