♠️LionDEX Explorers Club ＆ NFTs

🔸 Club

📌 LionDEX Explorers Club is one of the forms of decentralized governance and ownership representation for LionDEX. It issues LionDEX Genesis NFTs, an important means to early participation in LionDEX launch. LionDEX Genesis NFTs are given the highest individual ownership rights in LionDEX, which enable the holders to participate in the distribution of governance tokens, protocol revenue, and guaranteed future growth earnings for eternity. These NFTs are issued according to the ERC721 standard.

🔸 NFTs

📌 LionDEX Genesis NFTs are issued on the ArbitrumOne network in a total of 2,000 batches. For detailed information, please refer to the announcements made during each issuance.

📌 Genesis NFTs exercise governance rights through the LionDEX Dapp -> Earn. For more information, please visit the "Governance" section.

🔸 Governance

📌 Mint LION ▪️ Each LionDEX Genesis NFT represents 50,000 LION Token minting rights with an initial value of 1000 USDC, representing 0.005% of the total supply. A total of 2,000 NFTs are available, which accounts for 10% of the total supply. ▪️ Users can stake their NFTs through the "Earn" function to start minting LION Tokens, with a minting period of 180 days.

📌 Access to feeLP ▪️ Each LionDEX Genesis NFT comes with 1,500 pre-deposited feeLP, which can be used to offset perpetual futures trading fees for up to 1,875,000 LP, saving approximately 1,500 USD in fees. Users who stake the NFTs to mint LION will automatically receive feeLP.

📌 Increasing Weight Coefficient in Earn ▪️ Staking NFTs will increase the weight coefficient of LION/LP assets in the Staking Earn program by 5%, thereby increasing the APR. Once NFTs are staked through the "Earn" function, this increase will be automatically activated. ▪️ Each account can use a maximum of 2 LionDEX Genesis NFTs at the same time to increase the weight coefficient, but this does not affect the ability to stake more NFTs for minting LION through the "Earn" function.

📌 Airdrop ▪️ Holding LionDEX Genesis NFTs will guarantee priority access to all airdrop benefits that LionDEX may release in the future, as well as high-priority participation and access to LionDEX's future innovative products.

📌 Governance ▪️ LionDEX Genesis NFT holders are allowed to participate in the voting process to any governance proposal related to the LionDEX application, PvP-AMM protocol, Earn allocation modifications, etc. In major proposals, holders will be required to hold both the NFTs and governance token LION to vote. ▪️ NFT holders are allowed to vote on governance proposals such as the LionDEX application, PvP-AMM protocol, Earn distribution modification, etc. Votings on major proposals will require both NFTs and governance token, LION.

📌 Proof of Full Rights Circulation ▪️ When an owner decides to give up their NFT ownership rights (by transferring or selling), they will be required to return the minted LION Tokens and feeLP to their initial quantities, to ensure that every circulating NFT retains its complete LionDEX rights.