NFT marketplace: A place where users can create, buy, sell and trade NFTs representing various digital products.
DeFi products: A range of financial services that use blockchain technology to offer users transparency, security and efficiency. These include:
Staking: A process where users lock up their Corra tokens in a smart contract to earn interest and rewards.
Farming: A process where users provide liquidity to a pool of tokens in exchange for fees and rewards.
Burning: A process where users destroy their Corra tokens to reduce the total supply and increase the scarcity and value of the remaining tokens.
NFT categories: Different levels of NFTs with varying degrees of rarity and benefits. These include:
- Single Moon: The most common category of NFTs that offer basic access to DeFi products.
- Double Moon: A more rare category of NFTs that offer higher yields and rewards than Single Moon NFTs.
- Triple Moon: The most rare and exclusive category of NFTs that offer the highest yields and rewards, as well as special privileges and features.