# Intro to Tiers Each tier within DWC's framework corresponds to a specific range of Manufacture Retail Values (MRV) or Fair Market Value (FMV), whichever is higher. This structure allows participants to make informed decisions based on their watch preferences. The assignment of an NFT to a tier occurs during the minting event and is disclosed to the holder afterward, adding an element of anticipation and surprise to the process. #### **Benefits of the Tiered System** * **Transparency and Fairness:** The tier assignment process is completely transparent, providing clear insights into the MRV/FMV range associated with each tier. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://degen-watch-club.gitbook.io/dwc/dwc-tier-system/intro-to-tiers.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.