AIP-2: Issuance of Genesis NFTs

📌 The issuance method of Genesis NFTs has been finally confirmed according to the publicly disclosed proposal. This is the latest formal proposal that includes and allows for any changes to the alternative proposals.

📌 The total supply of Genesis NFTs is 2000 issues, and the issuance will be divided into WL Mint + Public Auction. The price for obtaining Genesis NFTs through WL Mint is 900 USDC per NFT, each WL address is eligible to obtain 1 NFT.

📌 After WL Mint, the remaining Genesis NFTs will be minted in a one-time batch and stored in the treasury, and to be extracted only during the launch of the auction. The one-time Mint and storage help to close the Mint function of the contract in advance.

📌 Regardless of WL Mint or auction, 100% of the issuance revenue from Genesis NFTs will be deposited into the treasury as $LP. WL Mint will provide a 30-day redemption period, allowing for NFT refund and retrieval of 100% of Mint costs.

🚨 Note: There may be slight price fluctuations for the retrieved $LP assets compared to USDC.

📌 Affirmation of Benefits for Genesis NFTs (No Changes): ▪️ Entitlement of 50,000 LION Tokens with a linear vesting period of 180 days. ▪️ Entitlement of 1,500 $feeLP. ▪️ Entitlement 5% APR increase for Staking Earn. ▪️ Governance rights. ▪️ Priority access to airdrops or other forms of community rewards.

🔗 NFT Docs: https://liondex-official.gitbook.io/liondex/liondex-explorers-club-nfts#nfts

📌 IF the 48-hour proposal is approved, WL Mint will launch on April 21st and a separate announcement will be made. Voting rights are based on circulating $LION and $esLION, vested esLION are not being eligible for voting in this proposal but may be included in future votes.