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AshGuard NFTs on AshPerp: Revolutionizing Perpetual Trading With Utility-Driven Collectibles

We only go up. From Warrior to Valhalla.

1. What is AshGuard NFT collection?

AshGuard NFT is a trading utility NFT collection for use on AshPerp. By staking these NFTs, users can access tier-based perks, including fee rebates, spread discounts, and potential community rewards during trades on AshPerp.
AshPerp itself is the first perpetual DEX on the MultiversX network, built as part of the AshSwap DeFi Hub. It offers perpetual leveraged trading up to 100x, supports a variety of asset pairs, and caters to the growing demand for decentralized futures trading within MultiversX.
The official Mainnet launch of AshPerp is expected in early March 2024.

2. The Utilities of AshGuard NFT

More than mere collectibles, AshGuard wields the might of utility NFTs, blending captivating visuals and DeFi prowess.
  • For AshPerp users: When you stake AshGuard with AshPerp, you are entitled for open fee rebates and get discounts on fixed spreads, scaled by NFT tiers.

The higher your tier, the greater the benefits, allowing you to trade more effectively with superior execution prices and reduced fees. Plus, you can stack these rebates with a 10% discount from our Referral Program, saving up to 60% on fees.

  • For NFT enthusiasts: AshGuard NFTs are not just your average utility NFTs; each one is uniquely crafted, blending Norse inspiration with a modern anime style that sets them apart.
  • Thanks to the exclusive merging mechanism, AshGuard NFTs are upgradable for increased trading benefits, leading to a higher value.
  • Staking AshGuard NFTs positions you favorably for upcoming community rewards.
  • There are five tiers of NFTs, each representing a unique species (Orc, Elf, Beast, Ninja and Paladin); the higher the tier, the more significant your advantages.

3. AshGuard NFT Launch Details

  • Mint Supply: 1,500 AshGuard NFTs in Tier 1 (Orc), Tier 2 (Elf), Tier 3 (Beast)
  • Allocation (randomly generated in tier and artwork)
    • AshGuard NFT Tier 1 (Orc): 75%
    • AshGuard NFT Tier 2 (Elf): 20%
    • AshGuard NFT Tier 3 (Beast): 5%
  • Mint pages:
  • Timeline: 8:00 AM UTC – 10 AM UTC March 7th, 2024.
  • Max mint per wallet: 1 NFT
  • Mint price: 1.7 EGLD
  • Timeline: 10:00 AM UTC March 7th, 2024 – 10 AM UTC March 10th, 2024.
  • Max mint per wallet: Unlimited
  • Mint price: 2 EGLD
To get the whitelists, and especially AshGuard NFT giveaway, be sure to follow AshPerp on X and Telegram, so you won’t miss out on any giveaways or exclusive events for the AshSwap community.

4. Merging Mechanism

AshGuard NFT Tier 4 (Ninja) and Tier 5 (Paladin) cannot be minted directly on launch. To get these advanced NFTs, you’ll need to either combine lower-tier ones on AshPerp, purchase them from a secondary marketplace, like XOXNO, or receive them from other owners.
How merging works:
  • Combine two NFTs of the same tier (as per the table above) and pay a merging fee in ASH tokens.
  • We will send a higher-tier NFT to your wallet.

5. How To Use AshGuard NFTs on AshPerp?

AshGuard NFTs can be staked in AshPerp to activate their trading utilities in an unlimited number of trades (open fee rebates and fixed spread discounts).
The staking feature will go live with the official launch of AshPerp Mainnet on March 11th, 2024.
Please note that after staking, there is a 1-day cooldown period for unstaking your AshGuard NFTs.
Unlock the power of your guardian while exploring the DeFi universe. Enchanting Norse-inspired art meets cutting-edge trading utilities in AshPerp, the leading perpetual DEX on MultiversX.
 
See you all at Valhalla.

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FAQ

1. What is AshGuard NFT?
AshGuard NFT is a trading utility NFT for usage on AshPerp. By staking AshGuard NFT, AshPerp users will get open fee rebates, fixed spread discounts and more community perks based on tiers.
2. What is Open Fee Rebate?
When trading on AshPerp, there’s a 0.1% opening fee based on the trade volume. Traders can earn back a portion of this fee by staking AshGuard NFTs. The amount refunded varies with the NFT’s tier: higher tiers mean greater rebates. This fee rebate is claimable any time.
3. What is Fixed Spread Discount?
When you open a trade on AshPerp, a fixed spread is applied to some trading pairs (BTC, ETH). By staking AshGuard NFTs, you can receive a discount on this spread, which brings the execution price closer to your target. This makes it simpler to follow your intended trading strategy, and gains you an edge in trading.
4. Can I combine AshGuard NFT fee discounts with referral code discounts?
Yes, you can stack up to a 60% fee discount on AshPerp trades by both staking your AshGuard NFT and redeeming a referral code.
5. If I had 2 different AshGuard NFTs tiers, what would the benefits be like?
You can only stake and benefit from 1 AshGuard NFT on AshPerp. Therefore, please ensure you stake your highest-tier NFT to maximize the utilities.
If you have 1 Tier-2 NFT, and 1 Tier-3 NFT, you are suggested to:
  • Buy 1 Tier-2 NFT on XOXNO, then merge with the existing Tier-2 NFT, then continue merging until you get the highest-tier NFT, which is 1 Tier-4 NFT in this case.
  • Or, you can simply sell Tier-2 NFT on XOXNO or transfer it to another wallet, and stake only the Tier-3 one.
6. How to get AshGuard NFT Whitelist?
You’ll get AshGuard NFT Whitelist from:
  • Daily whitelist giveaways on AshPerp.
  • Collaborative giveaways with KOLs and NFT communities.
7. Is AshGuard NFT tradable?
Yes. After launching, AshGuard NFTs can be traded P2P on secondary marketplace like XOXNO, where selling fees and royalties will be applied.
8. Can one wallet mint multiple NFTs?
Yes. You can mint as many AshGuard NFTs as you want, and merge two of the same-tier NFTs to upgrade them to a higher-tier one.
Please note that in the Whitelist phase, you can only mint 1 NFT with discounted price on 1 whitelist wallet address.
9. Can I transfer my whitelist to someone else?
Please kindly submit at this form: https://forms.gle/hYhvXQxnDt1BJpLy8 before 0h UTC 7/3/2024
After this time, our team will finalize the result and do not accept other request.
10. I have more than 1 WL spots, do i need to do anything?

Since there is only 1 mint per wallet in the Whitelist Round, you should transfer the remaining WL spots to other wallet via this form https://forms.gle/hYhvXQxnDt1BJpLy8 before 0h UTC 7/3/2024

11. Can I transfer my AshGuard NFT to another wallet address?
Yes. You can transfer AshGuard NFT from your wallet to another wallet as usual.
12. If i merge 2 of my NFTs, what will happen to them?
They will be burned to mint the higher-tier AshGuard NFT.

Whitelist Spots GA Recap

About AshSwap

AshSwap is the first decentralized exchange built on the MultiversX blockchain that allows users to trade between stable assets with high volume and small slippage. As Elrond grows to become the infrastructure of DeFi, more types of stablecoins will flow in, and users will need a place to swap them.

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