Buying DP
Last updated
Last updated
If you’re a user that just wants to buy a discounted NFT without the airdrop yields, then buying the DP token will be a better fit for you. DP is an ERC-721 that cannot be fractionalized and represents the holder’s right to claim that NFT when the DP vault expires.
On the homepage, choose an NFT collection, then select “Buy” on the Discount Pass card.
The current floor NFT will automatically load, showing you the Floor Price of the NFT, the discount you are receiving (Airdrop Pass Value), and the amount you will need to pay.
DP = Existing Value of the NFT (Floor Price) - AP
To redeem your DP for the underlying NFT (when the vault expires), click on the Redeem tab and select the NFTs you want to redeem.
Disclaimer: The object market is a highly risky and speculative market, thus assets like AP and DP contain even more risk and speculation. Please make sure you understand the product and risks associated with it before purchasing.
