DiscoCats - How?

How does DiscoCats work? Well, it’s simple—just add yield, governance, and a touch of magic.

SO, here's how it all works:

1. Minting & Ownership: The journey begins by minting your unique DiscoCat. These aren't just pretty pixels—they're your ticket to a multi-layered reward system. Each NFT is tied to Liquidity-Staking Tokens (LSTs), which means the moment you own a DiscoCat, it's already working for you, earning yield.

2. Earning Yield: Unlike typical NFTs that sit idle in your wallet, DiscoCats tap into multiple streams of income. First, through the LST backing, your NFT generates yield. Your staked assets may also be lent out to partnered protocols, generating additional yield. On top of that, you receive bribes (rewards) from protocols we partner with, adding even more incentives to hold.

3. Staking & Governance: DiscoCats aren’t just passive assets. In Chapter 3: The Cat’s Council, staking your NFTs gives you voting power, allowing you to influence the direction of the protocol. You can help decide where funds get allocated, ensuring the project’s growth benefits you directly. It's your money, you decide where to get bribes from!

But here’s the part that makes it even better—DiscoCats are unruggable. Say you pick one up for $100 worth of crypto, you can redeem that value whenever you want and get back your initial amount that is $100 in this case. Unless, of course, you don’t like money—because let’s face it, DiscoCats are limited, and their value only goes up! So, your NFT not only carries vibes but peace of mind.

DiscoCats NFTs are more than collectibles—they’re yield-bearing assets, decision-making tools, and reward generators, all packed into one. Whether you’re here for the art or the incentives, this project gives you the power to make your NFT work for you.