Fortune Teller Collection
Frequently Asked Questions
What is the Fortune Teller Collection?
Fortune Tellers were released on April 1st, 2021. They are a collection of 2,211 NFTs on the Ethereum blockchain. The NFTs can be used as collateral for DeFi loans on Teller.
Is there additional utility for Fortune Teller NFTs in Teller V2?
Yes. In Teller V1, Fortune Teller NFTs could be used for a loan within the protocol. Only a limited number of use cases were supported. With Teller V2, any Fortune Teller can be used as collateral for a loan on Teller that goes to your wallet (ie vs limited to use within the protocol).
Note, Fortune Teller NFTs can still be used in both Teller V1 and Teller V2.
For Teller V2, the loan amounts for each Tier, where funds go to your wallet, are as follows:
Tier 1: 0.1 ETH
Tier 2: 0.5 ETH
Tier 3: 1 ETH
How do I use my FTNFT?
Holders can use their NFTs in two ways.
Instant Loan:
Holders can leverage their Fortune Teller as collateral for a guaranteed loan.
Borrowed money is available from the Fortune Teller Lending Pool
The available loan amount is determined by the NFT Tier.
OTC Loan:
Holders can leverage their Fortune Teller as collateral for a loan on Teller (or any NFT lending protocol).
Loan availability & loan terms can vary based on market conditions.
OTC Loans are not guaranteed.
What rights do holders have?
Fortune Teller holders have full commercial rights to their NFTs and can use the NFTs in any way.
Where can I get one?
Fortune Tellers can be purchased via secondary markets on Ape Now or Open Sea.
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