YOP x FVCKRENDER x MEME
DeFi x ART x NFTs
Ask any millennial to choose between a physical asset (i.e gold) vs digital asset (i.e bitcoin), no surprises they lean towards the digital asset. The world today is wrapped in an ever growing digital economy. Everything from the way we transact, communicate & create memories is digital. One of the fastest areas of growth in the digital world is the token economy. From the rise of Bitcoin just over 10 years ago to the breakneck growth of DeFi & NFTs. In 2020 we saw a exponential surge of demand and new appetite for decentralised financial products and the ever popular digital art-world. These two booming areas, cross roads at various junctions and it is why today we are excited to announce our partnership with FVCKRENDER & MEME.
YOP is a Yield Optimization Platform & Protocol that is building a clean and robust UX/UI driven retail product. Utilising the latest innovative tech from the token economy. An all-in-one yOptimization application that makes it easy for everyone to access yield markets, giving you custody, insights and customisation in one single application.
Within our application we have always envisioned leveraging the strengths of DeFi to bring our customers a broader product offering. One of those areas of overlap is NFTs. We believe that the future economy will operate with digital assets touching all industries. Non-Fungible-Tokens have a key role in providing customisable, programmable and fixed transfer of value. One of our interests in NFTs, is that just as you can stake and earn yield with fungible tokens, this is also possible with non fungible tokens (NFTs). It opens the doors to creating a different layer of value in yield farming. Be this through art or a redeemable voucher using ERC-1155 tokens.
Today in a thriving market, NFTs have generated a tremendous amount of value in the digital art space. So we embark on our integration of NFTs, starting with digital art. To launch, who better to join forces with, none other than a world renowned artist and a leading NFT platform.
We have collaborated with FVCKRENDER to create 3 sets of super rare NFTs that carry the essence of YOP and hallmark of Frederic Duquette. FVCKRENDER creations are highly sought after and Fred has over 300,000 Instagram followers. Fred is a leading digital artist having worked with super brands around the world. His art has created waves with stunning creations and commands a high premium in the secondary market. Some of the names FVCKRENDER has worked with recently include Supreme, Dior, CardiB and LIL NASX. We are honoured to have him on-board with YOP and the FVCKRENDER x YOP NFTs will be revealed Friday 15th Jan 5pm UTC.
Knowing that FVCKRENDER art carries a high premium we had the option to auction the super rare pieces as is customary in the NFT market. Then we thought, how do we generate best value for the community? As this is our first venture into NFTs, why not just give them away! Yes that is correct. We are giving away 3 sets of super rare NFTs created by FVCKRENDER! Let that sink in for a moment. Considering some of these NFTs trade anything from $500-$50,000 and even more, its a pretty big chance to grab some prized art.
Futuristic tech-digital artist FVCKRENDER is a self-taught creative working out of Vancouver. With a defining affinity for sharp architectural geometry, beaming future landscapes and brilliant crystalline arrangements, his renders pay a dark homage to what may eventually reflect our very existence.
His clients include Instagram, Cardi B, Softest Hard, Columbia Records, The Beatles, Lil Nas X, Epic Records, TOKiMONSTA, Grimes, Spotify, Wieden + Kennedy, Rosalía, Northlane, Damian Lazarus, Le Cirque du Soleil, Lebron James, Primitive Skateboard, OVO, 88 Rising and many more.
FVCRENDER has created 3 super hot NFTs that correspond to the YOP trimera. Our logo hosts 3 blades, one each for the yPlatform, yProtocol & $YOP token respectively. So now you must be asking how do you get your hands on one of these super hot NFTs.
Intro MEME. YOP welcomes the MEME platform, a leading NFT platform that has grown rapidly and created waves in the digital art space. MEME as the name suggests began with a satirical tweet from the Founder Jordan Lyall. The tweet mocked the rapid emergence of “food coins”. During the DeFi wave in Summer 2020. The tweet rapidly turned into a token issuance (yes someone decided to go mint $MEME tokens after reading it) and with the traction token received, was born the DeFi Art community project. MEME is a decentralized protocol for farming NFTs.
With MEME, instead of farming for yield like most DeFi projects, users stake assets to earn limited edition NFTs from leading artists. Each user can stake a tokens, in return they receive points which can be redeemed against NFTs.
Stake $YOP > Earn Pineapples > Mint YOP NFT > Enter Draw
We have created 3 beautiful YOP NFTs that you can mine on the MEME platform. All you have to do is stake YOP and mint these YOP NFTs. The YOP/MEME collaboration will allow members to stake YOP and earn Pineapples. These tickets will be an ERC-1155 NFT. Now here is the BIG BONUS! You stake YOP to earn these YOP NFTs, but then also get a chance to WIN the FVCKRENDER NFT. So these special YOP NFTs act like lottery tickets for the FVCKRENDER NFTs. Double whammy!
The more YOP NFTs you mine the higher the chance to win, and don’t discount these special YOP NFTs! YOP will introduce future uses for these NFTs, with various incentives from staking, bonus rewards and special access via these NFT tickets for redeeming tokens, giving them intrinsic value. Once the reward period ends, members will stake the accumulated YOP NFTs into a lottery system where random winners will be selected on chain for the most fair draw. We will announce the lottery date after staking has gone live and close to the draw time.
There will be 3 types of YOP NFTs available to claim on the MEME platform. The MEME platforms default reward output is Pineapples. For each lot of 88 $YOP tokens staked you will earn 1 Pineapple each day. Pineapples allow you to redeem the YOP NFTs that also double as tickets to enter the FVCKRENDER NFT lottery draw. Depending on which YOP NFT you would like to redeem, you will need a different amount of Pineapples. There is no minimum stake, but each NFT ticket has a price in Pineapples, so you will want to stake more YOP to get claim more YOP NFTs. The more YOP you stake, the more Pineapples you earn, the more YOP NFTs you can buy, meaning more chances to win the FVCKRENDER NFTs. The 3 NFTs that you can claim are the; yPlatform NFT, yProtocol NFT and $YOP NFT.
- Mint 1 yPlatform YOP NFT for 888 Pineapples
- Mint 1 yProtocol YOP NFT for 222 Pineapples
- Mint 1 $YOP YOP NFT for 88 Pineapples
There is no maximum for any pool. Each type of NFT ticket is unique and only allows you to enter a draw for that particular NFT.
The more YOP you stake the more YOP NFT tickets you claim, the better chances of winning a super rare NFT! The staking pools will open on Friday 15th January 2021 6pm UTC and remain open until we announce the draw date. The YOP ERC-1155 NFT lottery ticket will have an underlying value within the YOP ecosystem. So those who participate will benefit beyond the chances of winning the FVCKRENDER NFT. Not to mention that as of late, NFT demand and values have soared. With top artist NFTs selling from $5000 to $1m in auctions and the secondary market. With these super rare NFTs created by FVCKRENDER, we expect the demand to be very high!
- FVCKRENDER NFTs Revealed Friday 5pm UTC
- MEME Staking Pool Opens Friday 15th 6pm UTC
- Staking stays open until we announce closing window
- More YOP staked = greater chance of winning FVCKRENDER NFT
We are excited to start the YOP journey with this epic collaboration between a world renowned artist and leading NFT platform. Ready, steady, stake!