Introduction

Dark Matter DeFi merges the DeFi and NFT spaces into one by offering innovative NFT Utilities and traditional DeFi products. Their suite of NFT Features provide the user a fun, exciting, and cutting edge atmosphere.

They have the Launchpad for Artists to launch and manage their own NFT collection. NFT Staking Pools for users to earn $DMD, the development team's native token, by staking multiple NFT collections. The NFT Multi Sender allowing users to Air Drop multiple NFTs at once, and the View My NFTs page, where users can see all their Fantom NFTs including those Staked in their Pools!

Why Choose them?

Dark Matter Launchpad provides an avenue to easily deploy and manage NFT contracts using seamless Web3 technology and removing the technical friction commonly encountered by artist.

NFT Launchpad

The Dark Matter DeFi NFT Launchpad enables users to deploy an NFT contract using the DMD Factory NFT contract. The user who deploys this NFT contract is the owner of the NFT contract. DMD does not retain any ownership of the contract. There are two parts of the NFT launchpad. Deploy and User Panel.

Deploy NFT Contract

This is where the user will input specific information and deploy the NFT contract from the DMD factory NFT contract. The user sets the NFT name, symbol, base URI, Noreveal URI, max supply, price per mint, max mint per tx and max mint per address. After completing all the required fields a user can click the create button.

How it Works

The artist should already have the Norevealed URI ready. A provinence record of your minting is highly recomended. Before they can start they must be white listed by the DMD team in order to deploy and NFT collection. When the artist is ready they fill out the required fields.

• Project Name: this is your projects name

• NFT Symbol: this is the nft symbol you will see on ftm scan

• Base URI: this is the IPFS link to your json files for the NFTs

• No Revealed URI: this is the IPFS link to your norevealed json file for the NFTs

• Max Supply: this is the max supply of the NFT collection

• Price Per Mint: this is the cost per NFT when minting

• Max Mint Per Tx: this is the amount of NFTs a user cant mint in one transaction

• Max Mint Per Address: this is the total amount of NFTs each address can own

Click the create button and confirm the transaction in metamask. After the contract is created copy the NFT contract from the pop up on their website and then click the "user panel" link on the pop up.

User Panel

The NFT Contract user panel is where the contract owner can perform contract owner functions. Only the contract owner can perform these functions. After creating your NFT contract the owner can load it into the user panel and see the various functions to manage. Some of those functions are; pause, unpause, reveal, white listing function for a private sale, change mint price among other things. The user panel puts control back into the artist hands. Their goal is to remove any technical barriers an artist may encounter when creating an NFT collection.

How it Works

The user panel is pretty straight forward. You can update most of the information from when you deployed the contract and you can manage some other cool owner functions too.

• Specific URIs: You can change the base URI and norevealed URI if needed

• Mint Details: You can change the price per mint, max mint per tx, and max mint per address

• Transfer Ownership: You can transfer ownership of the contract to another fantom wallet

• Add Whitelist: you can add a list of address who can mint when the white listing function is turned on

• Withdraw All: You can withdraw all the earnings from the mint

• Reveal: You can reveal the NFTs to the community. This reveals all images and attributes.

• Unpause/Pause: This unpauses and pauses the NFT contracting for minting

• Unpause/Pause: This unpauses and pauses the NFT contracting for minting

NFT Staking

On Dark Matter DeFi staking nfts is similar to staking tokens. You simply choose the NFT you want to stake and click the stake button. Everything should be familiar to those who yield farm. They are one of the first projects to offer NFT staking on the Fantom Opera Network. Their goal is to offer a frictionless experience and high yields while retaining ownership of your NFTs.

About Yield Farming

Yield Farming, as its name suggests, is generating a certain percentage yield from ones initial capital which is invested in staking or lending crypto assets to generate returns in the form of a particular cryptocurrency. In the case of Dark Matter DeFi, you would be generating yields in the form of DMD.

Yield Farming has its foundations in a concept called automated market maker (AMM). Essentially, in Decentralized Finance (DeFi), there is a need for liquidity when trading any kind of asset. Yield Farming protocols give incentives to Liquidity Providers (LP), or those who lock and stake their crypto asset in a smart-contract liquidity pool. They are incentivized through a certain annual percentage yield (APY) through different means such as transaction fees, interest from lenders, or a governance token.

What is Annual Percentage Yield?

Annual Percentage Yield (APY) is the returns that a liquidity provider earns from staking or locking in their tokens for a certain period of time, such as a year. The Annual Percentage Yield is constant for everyone, but also depends on how much initial capital you have vested into the liquidity pool. Although it is constant, the more liquidity providers stake their crypto assets in the pool, the less payout or APY there will be. Let’s take the example of the FTM-DMD farm: There is a current APY of 138.85% and the total liquidity in this pool is $117,871. If more liquidity providers joined the pool, and the total liquidity increased to $200,000, for example, the annual percentage yield would also decrease by a proportional amount. Therefore, you see higher annual percentage yields on crypto assets that trade with less volume and less annual percentage yields on crypto assets that trade with greater volume. For example, The FTM-DMD farm’s APY at 138.85% is less than MIM-DMD’s APY at 182.89% because the total liquidity in the MIM-DMD pool is only $22,396. All values given are at the time of writing.

Multi Pool

The multipool is similar to the normal pools only the rewards system is different. With their normal pools you can only earn a single reward (DMD) where as in the multi pool you can earn many different rewards. Currently the multipool is offering rewards in WFTM, LP-PGUNK/FTM and EGUNK. Any token can be added to the pool as a reward at any time.

How do I use the Multi Pool?

Deposit

It is very easy. Navigate to the Multi Pool section on their website and click the "approve" button. Once you approve you can deposit your DMD into the multi pool to start earning rewards in other tokens. To do this you enter the amount you want to deposit and click the "stake" button.

Withdraw

To withdraw your DMD from the pool simply put in the amount you want to withdraw and click the "withdraw" button.

Get Rewards

Claiming you rewards is as easy as clicking the button that says "get reward". Doing this will harvest all of your rewards into your wallet.

How To Use DMD NFTs