Rules & Benefits

1. DAO Revenue Sharing:

  • Minting fee: The default fee is 5%, with 1% will be shared with the DAO, 1% for Sharing Pool, and 1% for Dev, 2% will be shared with the Collection owner.

  • Redemption fee: 20% goes to Sharing Pool, 40% to the DAO,20% goes to the Collection owner, and 20% to Dev. For random redemption fees, the rate is 4%, while the target redemption fee is 6%.

  • Market transaction fee: 2.5% will be sent to Dev.

2. DAO Rights & Benefits:

  • Receive revenue sharing from DAO for all SHARKIE NFT Owners.

  • The liquidity of SHARKIE NFT will be locked forever, no one can withdraw the pool The NFT is under warranty and can be refunded by swap into the LP Pool at any time (not yet including the return fee).

  • Voting rights to allocate the reward of Staking Pool, airdrop reward in Staking Pool.

  • Voting rights regulate minting fees, but they cannot be less than 1%.

  • Voting rights to regulate the redeeming fees and market fees.

  • Voting rights to establish investment funds from the funds in the Vault. A corresponding number of NFTs will be locked up based on the investment amount.

3. How to join DAO and share revenue

  • Stake $SHARKIE token to 10% DAO rewards.

  • DAO shares 30% rewards for Pool of Staking & Farming for other projects in NFTFeed platform.

  • 10% of rewards will be used to buy back $SHARKIE tokens for reserve funds.

  • 10% of rewards will be burned.

  • 20% of rewards will be used for developing features and pools of DeFi.

  • 2% for NFT OG.

  • 10% for SHARKIE NFT.

  • 8% for Treasure Pool.

Last updated