Item Fusion

For illustrative purpose only

NXPC is designed to be interchangeable with NFTs. NXPC can be exchanged for NFTs through NXPC Fission, as explained previously. Conversely, NFTs can be exchanged back into NXPC via Item Fusion.

The collection of NFTs exchanged for NXPC through Item Fusion is called a "basket." Each basket includes all item types from the Item Pool, with each item comprising a fixed percentage of its maximum supply. For example, if the Item Pool contains Items A, B, and C with maximum supplies of 100, 200, and 300 respectively, and if each basket requires 1% of each item's maximum supply, the basket would consist of 1 of Item A, 2 of Item B, and 3 of Item C.

Any NFT holder can contribute individual NFTs toward filling a basket. Once the basket is completely sourced and reward calculations are finalized, the protocol exchanges the basket for NXPC. The exchange amount is determined by the NFT/NXPC Exchange Rateₜ at the time of the exchange. For instance, if the NFT/NXPC Exchange Rateₜ is 10 and the basket contains 100 NFTs, participants would collectively receive 10 NXPC. (100 NFTs ÷ NFT/NXPC Exchange Rateₜ 10 = 10)

Upon completion of Item Fusion, the NFTs in the basket are removed from circulation and returned to the Item Pool. Participants receive NXPC proportional to their contributions in filling the basket (Participation Rate). The NXPC used for distribution comes from tokens previously locked (removed from circulation) through NXPC Fission, which re-enter circulation after the basket exchange.

NXPC Fission and Item Fusion work together to facilitate a flexible supply of limited NFTs based on ecosystem demand. This mechanism enables NXPC to function effectively as a token that provides optimal RX for players.

Important Details on 'Set' and 'Basket' Differences

• The collections of NFTs used in NXPC Fission and Item Fusion have distinct names and compositions.

• In NXPC Fission, the collection is called a 'set' and contains only available (remaining) items from the Item Pool.

• In Item Fusion, the collection is called a 'basket' and contains all items comprising the Item Pool, regardless of current availability.

• For example, if the Item Pool contains

  • Item A (remaining supply: 0 / maximum supply: 100)

  • Item B (remaining supply: 2 / maximum supply: 200)

  • Item C (remaining supply: 3 / maximum supply: 300)

• a set from NXPC Fission will include only the available items: 2 units of Item B and 3 units of Item C (assuming each set contains 1% of an item's maximum supply).

• In contrast, a basket for Item Fusion will require all items: 1 unit of Item A, 2 units of Item B, and 3 units of Item C (assuming each basket requires 1% of an item's maximum supply).