Update on the mechanics for how our rewards pool will work.
For strategy tokens, 1% of all trading volume goes to a wallet we own as a “protocol fee”. We want to give that back to collectors.
It’s based on 4 things that I think are important:
- What you collect matters (badges based on NFTs)
- Rarity matters (multipliers for collecting grails)
- Alignment matters (additional multiplier for $VIBESTR badges)
- Tenure matters (additional multiplier for time held)
Rewards are tied to eco health/activity. Based on your participation in GVC via badges (collecting, holding, & vibing).
Since VIBESTR launched we’ve added to the rewards pool, including Punk 2457 from the opening of Node.
We didn’t launch a native token and airdrop a bunch of it to ourselves. We decided to market buy it alongside our community. Through the ups and downs of the market, one thing that remains important is giving back.
TLDR: we’re not afraid of setting longterm goals for building something lasting. Same thinking we had when sending years making a collection we’re proud of. Now, we’re building an ecosystem that we’re proud of. And it’s only possible because of the people who contribute in all the ways they do, reflective in the mechanics here.
Like everything we try to be thoughtful with the mechanics to ensure it creates a healthy setup on the eco, while keeping the main thing, the main thing. NFTs.
Vibes are inevitable. 6⃣9⃣
With this update, we've also set the OpenSea royalties to direct to the new fee splitter.
This means any royalties generated will be split among the remaining NFTs.
We've updated both launch paths to keep all fees in the ecosystem. Now ALL trading fees are distributed to the deployer and the (currently 9,874) remaining TTT NFTs
Deployers can now set the split between 0-100% at token launch 💫
Every token has a 1% trading fee. Previous tokens will still have a 50% creator, 30% TTTs, 10% TokenWorks, 10% PNKSTR split.
New deploys will have 100% is distributed to TTTs and the token creator
We've updated both launch paths to keep all fees in the ecosystem. Now ALL trading fees are distributed to the deployer and the (currently 9,874) remaining TTT NFTs
Deployers can now set the split between 0-100% at token launch 💫
Tomorrow we’re releasing a new option for TTT deployers
This new hook removes the 99->1% decaying buy tax, and replaces it with a 15 minute trading period for only TTT NFT holders.
When deploying, you can decide between the current “anti-snipe” model or the new mechanism 💫
Tomorrow we’re releasing a new option for TTT deployers
This new hook removes the 99->1% decaying buy tax, and replaces it with a 15 minute trading period for only TTT NFT holders.
When deploying, you can decide between the current “anti-snipe” model or the new mechanism 💫
We've added holder chats for each token, as well as a global chat for all TTT NFT holders.
Deployers can also use /announce to pin announcements. Also, if you hold an NFT your glyph will be your avatar.
Let us know any other features you'd like to see ✨
Next up is socials/descriptions from the deployer, and more discovery tools.
We've also added metadata when linking to a specific token on Twitter
https://t.co/GOjp8VxRIX
Deploying on TTT:
- Shows skin in the game, filtering low-quality tokens
- Rallies 2500+ supporters instantly
- Fair launches with tested mechanisms
- Only 9910 possible deployments, aka metaverse land.
- Return to Mainnet
- I love you