@zera_chielo@weaselsonstock Cooked for a bit
But staking mechanism is interesting, royalties being paid out to top holders on their website
Already made $30 today from staking
We are a PFP collection that aims to create a means where our holders are not left out of anything. Those projects you mentioned all have a token backing them, with a good and influential team.
We have so far generated over 1 ETH in rewards to all holders in less than 24 hours. We are trying our best to make sure we keep the collection up and provide the best for our members.
GM WEASELS
Yesterday we opened a suggestion topic asking whether the community needs a token for the project, and the majority of responses were negative. We truly understand that, as token prices can deeply affect the collection's floor price.
So far, we have only been able to generate revenue for stakers through trading activity, and it has been slow for the past couple of hours. We have been brainstorming ways to give the collection more visibility and possibly dilute the supply so we can generate more for holders.
We are thinking of introducing a burn mechanism where everyone who burns their weasel receives a share of 1% of the trading royalties forever. We would like to hear what you all think about this and if you all think this will be sustainable for the collection.
ANNOUNCEMENT‼️
We will be introducing a burn mechanism soon to the site. This helps reduce the supply and makes the collection's floor controllable, as the smaller the community, the easier it is to connect with everyone.
Burning your WEASEL won't be for nothing, as burners will be entitled to lifetime royalties reward from the collection. A percentage of the royalty gained from the collection will be set aside and paid to all those who burn their weasel. The percentage will depend solely on the amount a particular address burns.
NOTE: Burning is very optional and the rewards solely depends on trading activity, know this before taking any action.
WEASELS ON TOP🚀🚀
WEASELS IN STOCK is less than 10 ETH from being verified on @opensea.
That means,
💥A win for sellers
💥A win for stakers
💥A win for the WEASELS community
We all love NFTs.