Ecosystem NFT utilities

Goldilocks DAO is partnering with Berachain ecosystem projects to allow their NFT's to have multiple utilities within Goldilend.

(i) A borrower can lock partner NFT’s on Goldilend for the duration of their loan in order to decrease the interest rate paid on that loan. Partner NFT’s can be stacked so that locking e.g. 5 NFT’s will generate 5 times as much discount as locking 1 NFT, up to a maximum discount of 50% (in which case the locker is paying half the interest that a standard locker would pay).

(ii) Secondly, partner NFT’s can be locked on the platform in order to boost PORRIDGE yield for GiBGT stakers. Each NFT represents an increase in the PORRIDGE yield rate for a GiBGT staker, and these boosts stack up to a maximum of 50%.

At the time of writing, we have partnered with several leading native Berachain projects and are actively seeking to establish further similar partnerships.