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ZombieClub and Elysium's technical collaboration team Teahouse launches product ecosystem NFT: HighTable

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ZombieClub and Elysium

Taiwanese team behind the well-known Asian NFT projects ZombieClub and Elysium, Teahouse, will officially launch a unique portrait-style NFT PFP NFT called HighTable in May. Unlike previous projects, it is highly related to DeFi investment certificates and incorporates gaming elements. What new features will this NFT project bring to the table?

HighTable: Who Can Sit at the Head Table

If you've watched the movie "Harry Potter," you must be familiar with HighTable, which is not unfamiliar in the Hogwarts dining hall. The table and chairs where Headmaster Dumbledore and the faculty sit, higher than the students' seats, are called "High Table." It is also a designated seating for academics at prestigious universities like Cambridge and Oxford in the real world.

Furthermore, Teahouse named its NFT as HighTable, inspired by the movie "John Wick." The high-ranking members of the organization in the movie are called the HighTable, symbolizing that NFT holders will be able to secure a place in Teahouse. Teahouse will act like the top assassins in the movie, echoing the classic line from the film: I have served. I will be of service.

Therefore, although HighTable is a PFP NFT, it does not merely emphasize graphical identity symbols for community connections. Instead, it is linked to more "efficiency," bringing benefits to Teahouse's product ecosystem.

How to Use HighTable NFT?

In January of this year, Teahouse founder Fenix Hsu recommended aninteresting product design, which is the prototype of HighTable. HighTable NFT is actually a pass for Teahouse's strategic treasury vault. The NFT will be divided into different professional roles, such as: Gambler, Assassin, Socialite, representing different investment characteristics. Holders of the corresponding role NFT will have an advantage in the corresponding strategy.

Image Description: Three professional roles and hidden roles, totaling 5566

Overall, since Teahouse's main business is "online financial products," such as getting the best returns through centralized liquidity strategies like Uniswap v3, the design of HighTable NFT packages different financial product quotas into limited edition NFTs, providing them to investors.

In terms of gamification, those who participate in the forging of HighTable NFTs may not necessarily get the type of financial product risk level they desire. Therefore, there will be a motivation to purchase other types of NFTs on the secondary market; secondary market investors will also provide liquidity for HighTable NFT based on their investment preferences and the current performance of the target. Teahouse will introduce more story-driven psychological tests, allowing investors to be categorized into different HighTable roles, just like using the sorting hat in Harry Potter, and then represented by NFTs, which is quite interesting.

However, although each NFT corresponds to a specific risk financial product, it does not mean that it cannot be used for other risk financial products.

For example, if I acquire an Assassin NFT, which corresponds to a mid-risk financial product. When Teahouse launches a mid-risk strategy, I will have preferential subscription rights. However, when all Assassin NFT holders have subscribed, and the financial product has not reached the investment limit, holders of low and high-risk NFTs will be able to subscribe.

Note: Each strategy has an optimal amount of capital to invest, which is the Smart Money concept emphasized by Teahouse, affecting the total amount that holders can invest.

Specially limited customized strategy treasury pass HighTable Omni-Pass, only 99 available

How Is the Risk of Strategies Evaluated?

The Teahouse team mainly assesses strategies based on three indicators: Maximum Drawdown, Price Volatility, and Sharpe Ratio. After calculating these indicators through rigorous backtesting, the strategies can be classified.

For example, the latest strategy introduced by Teahouse, the Banqiao strategy, underwent a one-year backtest from 2021 to 2022 and was classified as medium risk, with an APY of up to 37.2%.

From left to right, the criteria for high, medium, and low strategy judgment, subject to modification

What Benefits Does TEA Token Bring to Holders?

In addition to being a priority ticket for Teahouse financial products, HighTable NFT also has a design for receiving liquidity rewards. When holders invest funds in the corresponding strategy treasury, they will receive additional TEA token rewards.

So, what is the main use of TEA tokens? Let's start with the Teahouse strategy framework below. In simple terms, besides developing its own strategies, Teahouse also opens up to external strategy providers, and each strategy, based on different risks, requires a certain amount of collateral when offered to NFT holders. This collateral is provided by TEA tokens.

In other words, once NFT holders receive a TEA token airdrop, they can use TEA tokens as collateral for strategies they trust. After the strategy earns profits, they will receive a share of the performance.

Teahouse Strategy Framework Diagram

In conclusion, for DeFi financial product enthusiasts, they can exclusively enjoy the strategy bonuses provided by Teahouse and earn additional income through the use of TEA tokens. For the Teahouse strategy development team, this may effectively increase user engagement and focus on providing high-quality services.

Special Note: Since the Teahouse strategy fund management recognizes HighTable NFT as the account basis, it is essential to withdraw the funds before resale.

Additional Benefits of HighTable!

HighTable NFT holders are not obliged to invest in financial products, as there are other additional features that can attract NFT players. Based on successful collaborations like ZombieClub and Elysium, Teahouse has partnered with many high-quality NFT teams, and HighTable will have the opportunity to qualify for whitelist access.

Moreover, TEA token airdrops, IDO whitelist, TeaDAO eligibility, GameFi investment opportunities are the first wave of additional benefits currently released by the official platform.

Also Not to Be Missed from an Aesthetic Perspective!

HighTable has a color scheme and art style similar to the animated series "Great Pretender" and "The Tatami Galaxy," which are more exquisite compared to many "Japanese-style" PFPs in the market, setting a new paradigm in the market.

HighTable x Whitelist Lottery Event

Complete the following tasks and fill out the form by 4/30 to have the chance to win the HighTable whitelist: