Founder NFTs reflect the underlying value of the BattleFly Treasury, which yield farms in MAGIC, Bridgeworld, LP Staking and other yield generating activities that support the growth and health of the TreasureDAO ecosystem.
They are a flexible NFT that enables the holder to:
- Hold the NFT to earn in-game rewards; or
- Trade the NFT on the Treasure Marketplace; or
- Redeem (and burn) the NFT for their proportional share of the Founders Vaults held in Treasury. This introduces some game theory incentivizing people to hold as their share of the Treasury grows incrementally bigger with each NFT that is burned.