Guaranteed INO
The Guaranteed INO feature allows projects/users to sell their NFTs and add liquidity directly to the NFT from the proceeds of the sale. This guarantee mechanism gives end users the opportunity to try and experience the NFT for a certain period of time after purchasing it. During the warranty period,end users have the right to swap the NFT back into the liquidity pool and claim their money. Depending on the project, the NFT return fee may vary.
The default fee for NFT redemption is set at 5%, but this can be configured on a project-by-project basis. The fee amount will be clearly noticed in the NFT attributes and the INO campaign.
The redemption fee is shared with 10% going to the Dev and the remaining 90% going to the Treasure pool.
If the project wants to generate additional revenue from this fee, they can configure the redemption fee to be higher than 5%. The excess revenue generated from this fee can be sent to the project owner.
Last updated