Understanding Colend and the Impact of Alpha NFTs
As the Colend team dedicates itself to developing smart contracts, it's timely to introduce you to the heart of our initiative. Inspired by Aave, Colend positions itself as a significant advancement in the field of decentralized finance on Bitcoin, or BTCFi, marking a determined yet thoughtful shift in this sector.
What is Colend ?
Colend is a decentralized finance protocol designed to facilitate and secure cryptocurrency lending and borrowing for everyone. Anchored on nine key principles outlined in the Manifesto, our project aims to challenge the established norms of finance to achieve an ethical mission.
Why Core Network ?
Choosing Core Network as the foundation for Colend is not arbitrary. With respect for Satoshi Nakamoto's work, Core Network offers a sustainable solution for BTCFi, combining proof of work (POW) and proof of stake (POS) — both cost-effective and high-performing. This makes it the ideal partner for navigating the future of BTCFi, even after the mining of the last Bitcoin.
The Alpha NFTs
The Alpha NFTs are not just simple collectibles; they represent a contribution recognized by the protocol. With a limited edition of 3,000 units, available in different series, these NFTs will be at the heart of Colend's initial funding and ensure an optimal user experience. In exchange for their support, Alpha NFTs holders will receive:
- Guaranteed Rewards : Holders will benefit from privileged rewards as Colend develops and gains popularity.
- Governance Power : Owning an Alpha NFT gives you a voting right in strategic decisions, directly influencing the growth and success of the protocol.
- Priority Access : Holders will have privileged access to new releases, positioning themselves at the forefront to benefit from the value increases of upcoming services and features.
Call to Action
Owning a Colend NFT means more than just participating; it's a strategic investment in the future of decentralized finance. Colend not only pays homage to the original spirit of Bitcoin; we also open the door to new possibilities in BTCFi. Join us to actively shape this new era we're building together.
To be a part of this revolution and acquire your NFT, visit WizardGallery.
