Tuto: Mint RED & BLUE PILLS NFTs

6 min readFeb 4, 2022

Enter the Matriverse and join RariLend Protocol’s DAO

RariLend Protocol

Trade, Lend and Borrow NFTs for Yield on RariLend

RariLend is building a Blue Chip NFT Marketplace with a Launchpad & DAO and its own circular token economy on top.

Only White Labels & DAO-Approved NFT Collections will be listed (traded) on RariLend, offering a fair, decentralized & vetted alternative to current Centralized NFT Marketplaces for Collectors, Traders & Token holders.

Learn more about the Protocol at https://www.rarilend.com/

About PILLS NFT

PILLS are a new kind of ERC721 Utility NFTs as well as a Game Theory Experiment on their own.

There are also a mean to pre-sale discounted tokens early while preserving the Protocol’s interests and offering their holders maximum value in return (See: IBNFTO).

Each PILL contains Bonded $RLP tokens, Goverance Rights and a Staking Booster.

BLUE PILL

150,000 to 50,000 $RLP (Based on Mint ID)
Fixed +5% Staking Boost
Discord VIP Access

RED PILL

Fixed 1,000,000 $RLP
+20–10% Staking Boost (Based on Mint ID)
Discord VIP Access

Once $RLP token is Listed (See Use of Funds raised), 2 Smart Contracts will give utility to the PILLS. Holders will then have the choice regarding how to use them:

For more details about PILLS Benefits & Utility , go to: https://www.rarilend.com/Pills-Utility

Use of Funds

The Funds raised with PILLS Sales will allow to:

Speed up smart contracts & platform’s development;
Boost the Marketing Strategy;
Launch $RLP token by providing Liquidity on Decentralized Exchanges (DEX).

Use of Funds Raised with RED & BLUE PILLS Sales

Additionally, A fully gamified Discord Server has been setup to welcome the RariLend Community.

A DAO PASS (ERC1155 - Supply: 2,1M) is required to access the private part of the Server (Cross the PORTAL).

Each DAO PASS also contains 2,000 $RLP as an initial Airdrop to help building the community.

🔥 The DAO PASS will progressively be airdropped to thousands of top NFT holders (4.2% of the total $RLP Supply), opening an early & semi-liquid trading market for $RLP on NFT Marketplaces…

Tokenomics

The Platform intends to charge a 2% transaction fee (5% on Lending/Borrowing interests), automatically converted back in $RLP on DEX (Sushiswap / QuickSwap).

The Protocol supports Stable tokens (USDC/DAI…) for a better NFT trading experience, free of Market volatility.

The $RLP token fits in the RariLend Economy by incentivizing NFT Traders, Sellers and $RLP holders to join with:

10 to 25% $RLP Cashback on Trades (Traders) ;
10 to 25 % shared by all NFTs in the Pool, with an additional passive $RLP Yield allocated by the DAO (Sellers) ;
Long-term Staking Mechanims for $RLP token holders;
Governance for All: NFT Launchpad and Proposal votes.

For more information, See: Full Tokenomics

The remaining Protocol Profits being redistributed as follow:

30% Burned
30% to Treasury to maintain the Protocol
40% Redistributed to token holders (Staking) or used as additional Incentives on Trading Markets.

Therefore, the proposed architecture of the Protocol would be:

Proposed Tokenomics for RariLend Protocol

For the Full Tokenomics, go to: https://www.rarilend.com/tokenomics

RariLend DAO

The Fundations of the Future DAO are built on the Gamified Discord Server. To go deeper into the server and DAO, a Member must hold (and/or):

A DAO PASS (ERC 1155) → 2,000 $RLP
A BLUE PILL (ERC721) → 150-50k $RLP +5% Staking Boost
A RED PILL (ERC721) → 1M $RLP +20-10% Staking Boost

Each giving access to different levels and advantages within the Community and DAO.

Minting a PILL (Tutorial)

PILLS are Minted on the Polygon Network. This choice is not only because of the low transaction fees and ability to use meta transactions (gasless tx) offered by the MATIC Network today, but also for its close proximity to the Ethereum Network and other EVMs, allowing to Bridge Digital Assets across them with simplicity.

For Minting a PILL, you first need to have Metamask Installed on your web Browser (PC or Laptop).

Then go to Chainlist.org and Search for “Polygon” Mainet. Connect Wallet and Click “Add to Metamask” to install it.

Add Polygon Mainet to Metamask on Chainlist.org

You can obtain MATIC on most Centralized Exchanges and withdraw it to your Metamask address. Remember adding 1–2 MATIC on top for the network (transaction) fees of the next step.

Be careful to withdraw MATIC on the Polygon Network and not on the Ethereum Network !

Finally, Go to the RariLend Official Minter and Connect your Wallet. You can then click “MINT NOW” to Mint (buy) a PILL and confirm transaction in Metamask.

Mint BLUE PILL on RariLend.com Official Minter

You can then go on OpenSea to see the PILL you just minted on your profile.

Remarks:

You can only Mint one PILL at a time;
The Minter is set on “First Arrived First Served” (First PILLS minted contain more Utility than the nexts);
PILLS are REQUIRED to Enter the DAO on Discord and to join specific chatrooms (see below)

Alternative to PILLS: Get a DAO PASS

The DAO PASS is an Invitation to Join the RariLend DAO on Discord.

There are different ways to obtain a DAO PASS:

Airdropped to your NFT Wallet if you are active on OpenSea and other NFT Marketplaces;
Apply to the DAO by filling the form at the Discord Server’s Gate (Visitors Area), or by inviting 5+ People to join the Server;
Offered during Regular Giveaway Campaigns on Social Media;
Bought on NFT Marketplaces;