DeFi Yield Farming

Noob Finance: A NFT token that allows holders to level up NFTS from children to Kids with Yield Farming

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The $NOOB protocol is a development and farming platform for animated NFTs. It deals with truly aesthetic noob art that exists on the blockchain. It converts the artwork into Non-fungible tokens (NFTs) called cryptokids, which individuals can easily convert from one form to another. 

However, once a person converts a lower level NFT token to a higher one, he/she cannot reverse it. For example, it is possible to upgrade the crypto kid (NFT) to crypto teen (NFT) and later to crypto adult (NFT) of that specific character. As you note, there is a progression based on their age characters- kid to teen to adult. Logically, there is no way an adult turns back into a teen. That reasoning applies when a user cannot convert the crypto adult back to a crypto teen.

Similarly, a person cannot convert a crypto kid into a crypto adult, skipping the crypto teen level. This upgrading on the $NOOB NFTs creates more value for the holders. The wallet features enable NFTs holders to upgrade the NFTs easily.

On top of this, the farming function helps users create more value in the $NOOB platform.

What are Cryptokids?

As pointed above, $NOOB has a lineage cryptokids NFTs. The animated cryptokids (NFTs) exist on the blockchain as ERC 1155s. Users can trade these NFTs with their peers or on the marketplace.  Currently, several cryptokids exist on the market. For example, there are Kid Vitalik, Kid Satoshi, and Tupac Kid. These are upgradeable NFTs.

Functions of the $NOOB Platform

The three major functions of $NOOB are:

  • Having three functional pools to cultivate $NOOB tokens,
  • Operating a $NOOB marketplace for swapping different tokens with NFTs. Users can swap $NOOBS, $ETH, and $RUGZ with NFTs.
  • Becoming a resilient NFTs farming platform.

Partnerships

$NOOB does not want to do it alone. It aims to forge different partnerships with existing NFT related crypto organizations.

Currently, $NOOB has partnered with $RUGZ (pulltherug.finance). It is through this collaboration that they produce Tupac Kid. This upgradeable NFT is special, as it is related to $RUGZ. Both holders of $NOOB and $RUGZ tokens can receive Tupac Kid if they stake or hold them tokens in the stipulated amounts.

Also, $NOOB has a running partnership with Zero, the creator of the first publicly accessible NFT multi sender, enabling users to send erc721’s, erc1155’s, and erc20 tokens. Therefore, $NOOB will use Zero’s multisender and participate in its nfZURU $ZURU yield farming pool. $NOOB will create a line of cryptokids for $ZUT, which participants can acquire through farming the $ZURU tokens.

Farming

GYSR powers the yield farming at the $NOOB platform. Essentially, GYSR is a configurable and fully decentralized farming platform. As a result, $NOOD holders who provide Uniswap liquidity can farm more $NOOB in the NOOB.finance pool. Soon, the platform, NOOB.finance, will add other farming options.

The two NOOB farming geysers are NOOB/ETH LP and NOOB/USDC LP. NOOB funds each of these two farming pools using a percentage of its development fund.

Tokens

$NOOB is the internal token of the NOOB protocol.

Specific token information:

  • Private presale: 1,000 $NOOB at a rate of 1eth to $100 $NOOB.
  • Presale 1: 10,000 $NOOB at a rate of 1eth = 90 $NOOB.
  • Presale 2: 10,000 $NOOB at a rate of 1eth = 80 $NOOB.

Distribution

  • Locked with Unicrypt: 3,500 $NOOB.
  • Locked in Trustswap: 1,500 $NOOB.
  • $NOOB for $RUGZ Airdrop: 1 000
  • GYSR Yield Farming: 3,000 $NOOB for GYSR.

Community

NOOB Finance has vibrant social platforms on Twitter, Medium, and Telegram. Anyone can join at any time.

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