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Mythicals will be the first (to our knowledge) NFT project that uses its minting proceeds to yield farm. All yield will be distributed to our long-term NFT holders.
What’s the biggest risk (besides getting your ape stolen) when minting a new project? For most it is probably not being able to flip it for a profit post-mint, either immediately or holding the NFT for some time. In the first instance, our approach protects minters from losing money on the project.
Given the mechanics (next article, will be essential reading for everyone interested!), it will be virtually impossible for minters who decide to hold long-term to lose money on the project (even if the resale value on OpenSea drops to 0).