What is the Launch Bowl NFT?

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.

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