Membership NFTs
Last updated
Last updated
The FWX NFT Membership is a groundbreaking innovation that enhances user experience and functionality on the FWX platform. Designed to consolidate and simplify user activity, FWX NFT serves as a multi-purpose utility token and a gateway to exclusive benefits within the ecosystem.
FWX NFT aggregates users' lending and trading positions into a single, transferable token. This eliminates confusion, offering a clear and organized overview of user activities.
Users can transfer their FWX NFT to other wallets, allowing seamless movement of lending or trading positions. This feature is especially useful for users looking to manage or reassign their assets flexibly.
Unlike other Lending Protocol, where users can not claim only interest. The FWX NFT enables users to claim only the interest from their lending positions while leaving their principal untouched, making it a practical and innovative solution for maximizing yield.
Users can rank up their membership using FWX tokens to unlock higher yields, reduced trading fees (potentially close to zero), and other premium benefits.
We employ NFT membership cards to track the positions of all users. Similar to a bankbook, every user on FWX will receive a membership card that contains crucial information about their token deposits in the pools, and futures trading positions. Migrating to a new wallet is simple - users can transfer the membership card to the new wallet and connect it to FWX.
