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About ShoeFy
ShoeFy (SHOE) is a cryptocurrency that aims to add decentralized finance (DeFi) utility to non-fungible tokens (NFTs). The platform allows users to stake, farm, and earn with sNFTs (ShoeFy NFTs). These unique tokens are fully wearable in any Metaverse and AR, granting the wearer the power of ancient elemental forces. Each sNFT is programmatically generated from 10,000 possible results weighted by rarity and stored as ERC-721 tokens. With traits that include attributes of fire, water, earth, wind, and more, ShoeFy sNFTs offer collectors a range of options to explore.
ShoeFy provides several opportunities for users to engage with their sNFTs. ShoeBeasts, as the collectors are called, can choose to resell their sNFTs in the secondary market or stake them on the ShoeFy platform to earn passive income. Staked sNFT/$SHOE holders can earn profit-sharing from a portion of transaction fees and NFT minting fees. Additionally, the first buyer of an sNFT in the secondary market receives royalties every time the sNFT is sold again. Having unique sNFTs also grants access to an exclusive House of rare, epic, and legendary NFTs. With ShoeFy Governance, users can receive additional $SHOE incentives, and liquidity providers have the opportunity to earn LP rewards.
Partnerships play a crucial role in ShoeFy’s journey. The platform has partnered with top LaunchPads to fuel its potential and bring its ambitious goals to life. Backed by industry leaders such as Ferrum Network, The Blockmint, Halvings Capital, and more, ShoeFy aims to create a strong foundation for success. The project is audited, ensuring transparency and security for users. For the latest news, users can subscribe to ShoeFy’s updates and join the community to contribute to the platform’s development actively.
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