The purpose of the Launch Bowl NFT is to serve as proof of participation in the LBE and to indicate the amount of ADA provided/deposited. It grants participants access to Triple Boosted Farming ($ADA + $SPXT + $MIN). The issuance of Launch Bowl NFTs is limited to the amount of liquidity deposited during the Discovery Phase. The majority of the rewards allocated for SPXT/ADA LP are directed towards the Boosted Farm.
You have the option to sell the NFTs, but you can’t stake Launch Bowl NFTs. You can view the amount of $ADA supported by a particular Launch Bowl NFT in the NFT’s metadata.
The Launch Bowl NFT remains effective as long as the SPXT LB Farm exists, for a minimum of two years.
The NFT has a unique purpose (see above) and can be utilized multiple times, but its usage is restricted to the deposited $ADA amount during the LBE.