> For the complete documentation index, see [llms.txt](https://docs.mydiscocats.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mydiscocats.com/foundation/bribe-wars.md). # Liquid NFT v1 Liquid NFTs at Meow Finance At Meow Finance, we use **Liquid NFTs** as a dynamic representation of a user's locked position or POL ( proof-of-liquidity ) receipt. Unlike traditional LP tokens, Liquid NFTs offer **unmatched flexibility, configurability, and composability** — unlocking new possibilities for protocols and users alike. When users interact with our **NFT Time-lock Vaults** or participate in **Liquid Launch**, their position is instantly minted as a **Liquid NFT**. This NFT represents ownership over the locked funds, including the time duration, yield eligibility, and any bribe or reward rights. It’s a smart, self-contained asset — one that can be **traded, held, staked, or used as collateral - as simple as it could be.** ## **Why Liquid NFTs > LP Tokens** * **No Protocol Integration Needed**\ LP tokens often require deep protocol integrations and custom logic. Liquid NFTs are standardized and modular — they work out of the box with our infrastructure. * **Fully Configurable**\ With Liquid NFTs, you can set custom durations, yield strategies, bribe eligibility, whitelist rules, transferability options, and more — making them ideal for complex incentive programs. * **More Appealing to Users**\ NFTs are easier to understand and more visually compelling than LP tokens. They’re compatible with marketplaces, trackable, and support gamified UX — increasing user engagement. * **True Flexibility**\ While LP tokens are often fixed in behavior and tightly coupled to one vault or strategy, Liquid NFTs are **modular and portable**, allowing future utility like: * Borrowing against them * Trading in secondary markets * Redeeming yield anytime after maturity * Being upgraded or extended via metadata ## **Use in Meow’s Ecosystem** * **NFT Time-lock Vaults:**\ Lock USDC or other assets for fixed durations and receive a POL - Liquid NFT representing that position. This NFT can be used to receive bribes, yield, and as collateral . When the time expires, simply burn the NFT to reclaim your funds and interest. More - [**NFT Time-Lock Vaults**](/product/nft-time-lock-vaults.md) * **Liquid Launch:**\ Early contributors to a launch receive tier based Liquid NFTs representing their locked allocation and the tier. These can be traded freely within a defined window, enabling price discovery and early exit if desired — while preserving fairness and long-term alignment. More - [**Liquid Launch**](/product/liquid-launch.md) Liquid NFTs combine the **utility of LP tokens**, the **programmability of smart contracts**, and the **user appeal of NFTs** — making them the most powerful asset primitive in our ecosystem.