Farmz Conversion
Seamless transition for existing NFT holders into the $MONSTRO ecosystem with enhanced benefits.
Conversion Overview
All current Monstro Farmz NFT holders—including Degenz, Gamez, Vaults, Fortresses, and Kingdoms—will automatically transition into $MONSTRO holders at Token Generation Event (TGE). This conversion transforms sunk-cost NFT investments into flexible, appreciating token positions while maintaining yield generation and weekly USDC payouts. All converted tokens are automatically staked for 2 years.
Snapshot & Conversion Process
Snapshot Timing: 24-48 hours before TGE (exact time announced closer to launch)
Conversion Formula:
NFT Investment Value ÷ $0.032 = $MONSTRO Tokens Received
Example: $10,000 USDC NFT investment = 312,500 $MONSTRO tokens
Why This Benefits Farmers
From Sunk Cost to Flexibility
NFTs were permanent investments; $MONSTRO stakes offer early exit options
Transform illiquid positions into tradeable, stakeable assets
Full Value Recovery
Receive tokens based on original investment, not current impermanent loss
Example: $10K investment now worth $4K still receives full $10K token allocation
Streamlined Ecosystem
Single unified yield system instead of separate Farmz + $MONSTRO protocols
Combined TVL creates stronger, more sustainable yield generation
Enhanced Upside Potential
Hold appreciating $MONSTRO tokens instead of static USDC value
Benefit from token price appreciation + staking rewards
Access to new ecosystem features and revenue streams
Maximum Multiplier Advantage
Auto-staked at 5x multiplier while new token buyers likely choose shorter terms
Protected from reward dilution by newcomers with lower commitment levels
Yield Transition
The existing Farmz TVL seamlessly transitions to power the $MONSTRO staking program, ensuring:
Continuous Yield Generation: No interruption in reward distribution
Enhanced Capital Efficiency: Combined with presale/sale funds for stronger, more diverse yields
Proven Track Record: Same reliable yield generation, now tokenized
The conversion represents a major upgrade for existing farmers, transforming static NFT positions into dynamic, flexible, and potentially more valuable $MONSTRO stakes while maintaining the proven yield generation that has delivered consistent returns for 100+ weeks.
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