Hey All;
This is my first post here on the music4life community and happy to share that I've finally bought my FIRST NFT from vftlabs.finance website. Ok; let me first reveal the NFT that I bought and its none other than:: "God Save The Punk"
As you can see from the above image, I bought this NFT "God Save The Punk" for 15 VFT tokens.
- So how did I get these VFT tokens?
- where are these VFT tokens traded?
- And what's the current value of VFT tokens?
- what is vftlabs.finance all about?
Would be the next immediate question that would come to anyone's mind. Yes; I'm going to answer all these questions as well in this blog post. The first three questions get answered by vising leodex market and search for VFT token. And the same can be depicted from the following image taken from leodex
- So how did I get these VFT tokens?
I bought some VFT tokens from leodex and at the same time I minted these VFT tokens by staking some of my LEO; STARBITS; VIBE; VFT tokens.
Stake HIVE tokens to earn VFT tokens...
- what is vftlabs.finance all about?
The simple and one line answer to it would be::
Vftlabs:: is a Hive-Engine tokens staking platform, where you stake tokens to earn/yield VFT tokens daily.
Currently, there are only 6 tokens for which staking is provided and they are::
- VIBES
- VFT
- LEO
- DEC
- STARBITS
- HIVE
There are 1000 VFT tokens minted daily and here is the proportion of the pools as to how the VFT tokens are distributed.
- Vibes - 1%
- VFT - 0%
- Hive - 3%
- Leo - 3%
- Dec - 3%
- Starbits - 3%
For detailed information; check the following post from 
NFT Inventory on WAX Cloud
One last note before I end this post. All the NFTs bought are saved on WAX cloud; here is the snapshot of my NFT on WAX cloud; where you can trade buy/sell your NFTs if required.
And in case if you are wondering which pool to enter so that you can farm more VFT tokens. Then, here is the hint - just head over to vftlab wallet to check the numbers of the tokens staked. This should give you an idea of which pools to enter to start earning a good ratio of VFT tokens on a daily basis.
#music4life #nfts #staking #music #blockchain
Best Regards
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PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I wanted to BUY a NFT and hence bought it from vftlabs
PS:: Image Credits:: vftlabs.finance; leofinance; leodex