Prize Season #001
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/_rPYAVLYp35ZryhRLKd4J_nftreasure-community-chest-card-minimal-approach-outlined-01.png?format=webp)
Welcome, Degens, to NFTREASURE's exciting new chapter: Prize Season #001! Prepare to embark on the next phase of our DeFi journey together via the Treasure Box game, where in addition to TRESR yield, you'll also now have a chance at winning over ~$100,000 in prizes!
Earn a Treasure Key NFT and $TRESR tokens for Free by participating in our Zealy campaign.
- Mint Your Treasure Key NFT: To kick off your adventure, mint a Treasure Key NFT. This key is your gateway to unlocking our DeFi rewards and earning TRESR tokens.
- Unlock Treasure Boxes: Use your Treasure Key to unlock Treasure Boxes. Each box contains valuable rewards and a chance to win even bigger prizes.
- Stake Your Tokens: Increase your TRESR reward yield by staking your tokens in the Bonus Pool. The more tokens you stake, the greater your rewards.
- Win Prizes: Every attempt to open a Treasure Box during Prize Season #001 comes with an opportunity to win 1 of 1,000s of prizes with a combined value of over $100,000! With each box you open, you could be one step closer to claiming these incredible rewards and prizes.
*When you successfully win a prize, the prize card is immediately airdropped to your wallet as an NFT which can then be redeemed for said prize at NFTREASURE.com
**We are launching Prize Season #001 a week or so before the redeem functionality will be available in the e-commerce store, so when you win, you'll have the option to bank it until redemptions go live or flip it on a secondary marketplace.
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/Clqtqe0XahDmKUaRVvPge_2024-03-22-130459.jpg?format=webp)
more keys = more prize potential more veTRESR = more prize potential higher Treasure Tiers = more prize potential more box opens = more prize potential
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/irdHGlncfq-pwuz3Pcwpx_screenshot-2024-03-23-at-52857-pm.png?format=webp)
![Real time probabilities under the prize icon Real time probabilities under the prize icon](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/D-kK72MseTL-_sAwcvL6l_2024-03-23-151546.jpg?format=webp)
Standard Boosts: These are about achieving an individual target within your own wallet.
- Cumulative Key Level Boost: Earn up to a 20% boost based on your cumulative key level. The maximum boost occurs at 30 times the average key level.
- veTRESR Boost: Stake your TRESR tokens for up to a 15% boost. The more TRESR tokens you stake, the larger your boost.
- Treasure Tier Boost: Unlock up to a 25% boost for higher Treasure Tiers. The maximum boost occurs at Tier 7 for every box, but only Tier 4 and above has a boost.
Premium Boosts: These are about PVP (player-vs-player) boosts earned by out-competing other players in the Defi game on a percentage basis.
- Premium Boosts: Premium prizes have additional boost opportunities (bolded in prize list below), including up to a 20% boost for cumulative Key Level, 20% for veTRESR balance, and 20% for Treasure Tier.
- Cumulative Key Level: Max Boost occurs when cumulative key level is greater than 5% of the overall protocol key level total
- Formula: [Cumulative Key Level]/[Total Key Level * 0.05] = % of total available boost (if greater than 1 = full boost)
- veTRESR: Max Boost is at 4% of all veTRESR in existence
- Formula: [veTRESR balance]/[Total veTRESR * 0.04] = % of total available boost (if greater than 40 = full boost)
- Treasure Tier Boost: Max Boost is the same as Treasure Tiers above
- Formula: ([Key Treasure Tier - 3] + [Key Treasure Tier - 3] + [...])/[# of Keys]*4 = % of total available boost
Example Wallet Cumulative Key Level: 100 Total Key Level: 1,000 veTRESR balance: 1,000 Total veTRESR: 10,000 Cumulative Treasure Tiers: 3, 5, 7, 4
Key Level Boost 100/(1,000 * 0.05) = 2 = greater than 1, so full boost (total boost available: 20% common, 20% premium) veTRESR Boost 1,000/(10,000 * 0.04) = 2.5 = greater than 1, so full boost (total boost available: 15% common, 20% premium) Treasure Tier Boost [3 - 3] + [5 - 3] + [7 - 3] + [4 - 3] = 0 + 2 + 4 + 1 = 7 / ([4 keys] * 4)*100 = 43.75% of total possible boost = 10.93% common / 8.75% premium (total boost available: 25% common, 20% premium)
TOTAL COMMON BOOST = 45.93% boost (60% boost is max) TOTAL PREMIUM BOOST = 48.75% boost (60% boost is max)
- Duration: Prize Season #001 will last 10-15 weeks, depending on gameplay.
- Expected Time: The max odds are designed to give an expected time of 10 weeks, assuming decent boosting.
- Availability: There is a 30% chance that a particular type of prize will still be available after 10 weeks, decreasing to 15% after 14 weeks (see per prize odds below)
Example Odds If odds are 1 in 3,000 that means: 0.033% chance of winning prize. with a 60% max boost that brings odds to 0.053% chance of winning (1/3000) = 0.033% + 60% = 0.053%
Don't miss out on an incredible opportunity to earn token yield in addition to prizes! Join NFTREASURE's Prize Season #001 and unlock the potential for incredible rewards. Mint your Treasure Key NFT today and begin your journey into the world of decentralized finance.
Stay tuned for more updates and announcements from NFTREASURE. Join our Discord server to ask questions and join our community.
*All prizes include shipping up to $50
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/XjrpkhpydRGYdAaXIzcco_screenshot-2024-03-22-at-25503-pm.png?format=webp)
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/SZWrVOVNMOCIW-8drxHZY_screenshot-2024-03-22-at-25512-pm.png?format=webp)
![Document image Document image](https://images.archbee.com/NrS7034w3t87fDUE8bGjb/o8zQ4kE-7X2wOXGXT4t6B_screenshot-2024-03-22-at-31202-pm.png?format=webp)
Token ID | Prize | Quantity for Prize Season | Prize Odds | Total Value* |
4 | NFTREASURE Hoodie (or personal NFT) | 50 | 1 in 1,500 | $4,700 |
9 | NFTREASURE T-Shirt (or personal NFT) | 200 | 1 in 375 | $11,400 |
5 | NFTREASURE Sweatshirt (or personal NFT) | 25 | 1 in 3,000 | $1,850 |
6 | NFTREASURE Hat | 100 | 1 in 750 | $5,500 |
13 | Sticker Pack (NFT sync) | 1,000 | 1 in 75 | $7,500 |
7 | NFTREASURE Duffle Bag + Goodies | 15 | 1 in 5,000 | $2,475 |
8 | Iron-On Crypto Patch | 750 | 1 in 100 | $3,750 |
24 | Slabbed NFT Trading Card | 250 | 1 in 300 | $10,000 |
25 | 16"x16" NFT Art Canvas | 50 | 1 in 1,500 | $2,500 |
10 | Mystery Prize | 100 | 1 in 750 | $3,500 |
11 | Trezor Wallet | 25 | 1 in 3,000 | $1,850 |
16 | 100 TRESR Tokens | 250 | 1 in 300 | $3,175 |
17 | 500 TRESR Tokens | 50 | 1 in 1,500 | $3,175 |
18 | 1,000 TRESR Tokens | 10 | 1 in 7,500 | $1,270 |
19 | 5,000 TRESR Tokens | 5 | 1 in 15,000 | $3,175 |
20 | 60M SMRTR Tokens | 250 | 1 in 300 | $3,192 |
21 | 300M SMRTR Tokens | 50 | 1 in 1,500 | $3,192 |
22 | 600M SMRTR Tokens | 10 | 1 in 7,500 | $1,276 |
23 | 3B SMRTR Tokens | 5 | 1 in 15,000 | $3,192 |
| Partner Project NFTs | TBD | TBD | TBD |
| Partner Project Tokens | TBD | TBD | TBD |
| Partner Project Merch | TBD | TBD | TBD |
12 | Treasure Key NFT | 100 | 1 in 200 | $15,600 |
14 | 40% Commissions (1 month) | 100 | 1 in 750 | ~$10,000 |
-- | Increase Key Level One Level | To Be Voted On | TBD | TBD |
-- | Increase Treasure Tier One Tier | To Be Voted On | TBD | TBD |
15 26 | Free Shipping Coupon (up to $50 credit) Key Daycare (1 Key) | 150 40 | 1 in 500 | $7,500 20 AVAX |
3 | iPad Pro | 1 | 1 in 37,500 | $1,830 |
1 | Xbox Series X | 2 | 1 in 37,500 | $1,030 |
2 | MacBook M3 (14-inch) 8-Core CPU 10-Core GPU 8GB Unified Memory 512GB SSD Storage | 2 | 1 in 75,000 | $2,015 |
| | TOTAL | | $ 108,647* |
*Total Value is an estimation based on retail price of items, average domestic shipping cost, and market value of tokens on March 22, 2024.
As we'll be giving away a lot of merchandise once prize season starts, we want to make sure everything feels fair to the creators who have merchandise up on the store. ANY CREATOR can add their collection of designs to PRIZE SEASON to raise awareness about their brand and designs (and potentially get user-generated content from people who order it with their prize NFT). If you would like your BRAND and MERCH DESIGN to be included as part of the PRIZE SEASON GIVEAWAY as an option for people to redeem their NFTs, please fill out this form: ADD BRAND TO PRIZE SEASON ==> https://forms.gle/DhR4VQMuxC97n6nm7
Brands who submit will be included in prize season promotions but you will NOT receive a commission on orders that are paid for with a PRIZE SEASON NFT. Looking forward to using prize season to bring more exposure to each of our creator brands and NFTREASURE as a whole.
Each prize season is a participation-based game. By participating in the Treasure Box prize season, participants acknowledge and agree that it is their responsibility to be aware of and comply with the laws and regulations of their local jurisdiction regarding prizes and similar activities. The global community organizers of the Treasure Box prize season assume no responsibility for any legal implications or consequences arising from participation in the event.