Recruit KFW NFTs (or other partnership NFTs) using your $KFWT. The “Recruitment Fees” for converting $KFWT to NFTs are calculated taking into consideration NFT market values, collection floor prices and NFT rarities.

• KFW floor price is equivalent to 10,000 $KFWT
• $KFWT equivalent for non-KFW NFTs are calculated referencing 1) the floor price ratio between KFW and the non-KFW NFT and 2) the market value of the non-KFW NFT versus its collection’s floor price
• In practice, if the KFW floor price goes up, the implied value of your $KFWT would also go up - you can 1) use the same amount of $KFWT to buy a KFW NFT with a higher market value in SOL, or 2) less $KFWT would be needed to buy the same non-KFW NFT (assuming that non-KFW NFT’s floor price remains constant)

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