Utility & Governance

How the NFT's owners are going to control certain variables of the farm & the final decentralization of profits among the NFT holders.

Once the NFT Governance model goes live, NFT holders will be able to take decisions about the parameters of the farm.

Utility

As with any other NFT, there will also be an intrinsic value associated with the NFT in the form of art. To make NFT's more appealing, we will be conducting a NFT artist competition with a big prize pool.

Once the NFT Governance model goes live, NFT holders will be able to take decisions about the parameters of the farm.

Among the MasterChef parameters that the NFT owners will be able to fine tune, we can find :

• Open/close Pools & Farms

• Change the Rewards Allocation of Pools & Farms

• Change the deposit fees %

• Adjust the LABO/Block emission rate

• Decide the burning rate and mechanics