About collection
Baby Spheres is a collection of 700 free-mint unique NFTs created by the Horiza protocol team on Arbitrum blockchain. It serves as a bridge between NFT and DeFi worlds. We thank our community for the support and offer the Baby Spheres holders 2,500,000 veHRA for 3 months leading to 3-digit APR revenue in Horiza. Baby Spheres is NFT also pass to our next paid NFT collection.
OpenSea link
Benefits of Baby Sphere holders
1. Airdrop delegation of veNFT tokens.
The team will take a snapshot of Baby Spheres holders before launching the protocol.
During epoch 0, 3,571 veHRA (1 NFT = 3,571 veHRA) will be delegated for each NFT Baby Spheres held. The more NFTs held, the more veNFTs you will receive. The delegation will be done for 3 months starting from epoch 1. This means veNFT will go back into the protocol 3 months after launching.
No additional actions are required to get airdrop delegation. The Horiza team will do the snapshot and delegation. Having veNFT you will be able to vote weekly for liquidity pools and earn revenue in the form of fees from swaps and bribes provided by our partners and Horiza itself. The reward you earn can be sold immediately and has no restrictions. Such airdrop will help to familiarize yourself with the protocol and start working without investments.
But what can the income be? Here is the average yield of Retro Finance, whose friendly fork is Horiza.
2. OG role and a pass to the next Ethereal Spheres collection
By holding Baby Sphere you will have the opportunity to buy NFT Etheral Sphere for one of the best prices in the OG round.
Benefits of Ethereal Sphere
Two sources of real yield
By staking their NFT, holders can earn a share of swaps fee revenues, ranging from 5% to 20%. This unique opportunity begins with a 20% share for the first three months, decreasing to 15% in the subsequent three months, 10% after another three months, and finally settling at 5% in perpetuity.
In addition to the fee income, NFT holders will be airdropped a share of 10% of the initial HRA supply (5 000 000 total) in the form of veNFT tokens. veHRA holders can vote for gauges and get bribes and trading fees from swaps.
Secondary Sales and Royalties
Like other NFTs, hraNFTs can be traded on marketplaces, with a 3% royalty applied to secondary sales. Of this, 2% accrues to a pool which all original NFT minters can benefit from. The remaining 1% royalty goes to another pool to which existing NFT holders and stakers have a claim.
More information about the collection will be published soon. Stay tuned!