LookForGem NFT Minting & $DREP Staking Details Disclosure

DREP Foundation
2 min readJan 12, 2024

Dear Community,

We’re excited to share detailed information about the LookForGem Mint and $DREP Staking schedule. LFG Minting is heating up, don’t miss out!

By holding LFG and $DREP, you unlock exclusive access to our groundbreaking crypto’s first NFT-based staking program — DREP Staking, which grants you instant NFT liquidity, steady passive income and a share of annual rewards pool of 2,000,000 $DREP.

It’s not just an opportunity; it’s an experience. Join us on this journey!

LFG Mint

Time: 11th Jan 2024, 14:00–13th Jan 2024, 3:00 UTC

Whitelist mint

Time: 11th Jan 2024, 14:00–12th Jan 2024, 2:00 UTC

Mint Price: Free

Maximum 1 mint per wallet at this stage.

Whitelist checker available on https://www.lookfor.io/

Public mint

Time: 12th Jan 2024, 3:00–13th Jan 2024, 3:00 UTC

Mint Price: Free (requires 2,000 $DREP holdings per NFT)

Maximum mint of 5 NFTs per wallet at this stage (10,000 $DREP holdings required for max mint)

$DREP locking period: 40 days, unlocked once a day linearly.

LookForGem NFT Total Supply & Distribution

  • 3,000 as Maximum Supply
  • 600 locked for platform reservation (for future marketing, community events, partnerships and VCs)
  • 1,200 for guaranteed whitelists (including collabs)
  • 1,200 for FCFS public mint phase ($DREP holders)

DREP Staking

Time: 12th Jan 2024

The $DREP staking rewards stage & rules : TBA

Annual Total Daily Reward Pool: 2 million $DREP

Maximum Staking Limit: 4000 $DREP per NFT

NFT Rarity Bonus:

Participants receive staking bonuses based on the rarity of their staked LookForGem NFTs. The rarer the NFT, the higher the staking bonus.

Rewards Claiming:

Staking rewards can be claimed daily through LookFor by clicking on the “Claim” button.

Unclaimed rewards will be accumulated and can be claimed at any time.

If you have any question about the ongoing LFG Mint and DREP Staking, we encourage you to join our vibrant community on Discord and open a ticket.

Join the conversation and stay tuned to our announcements!

DREP is committed towards building Web 3.0 connectors and toolkits based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration.

Website | Twitter | Telegram | Telegram Announcements | Discord

--

--

DREP Foundation

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.