Basic Mechanics
For security purposes, detailed mechanics will not be revealed. Any change in reward allocations will be voted on and verifiable on-chain.
Illustrative Example: At periodic and random points during a given time period (monthly, for example), tokens will be purchased based on protocol revenue.
During the first 12 months, $TRESR will be rewarded to the Bonus Pool from the newly minted supply. Beyond 12 months, $TRESR tokens will be purchased off the open market using 10-40% of e-commerce and protocol revenue, as a marketing expense to encourage active participation in the NFTREASURE brand. Any wallets participating in the Bonus Pool will be distributed their portion of the purchased reward. This is based on wallet statistics from the month in which the tokens were purchased (1 month in arrears, in this example).
A few stipulations will exist:
- Hurdle Rate (keep the lights on clause)
- In order to purchase tokens, the protocol will need to clear the revenue hurdle required to pay for infrastructure costs and to continue to remain in existence
- Initiative Allocations (to be voted on)
- Product development to maintain tools & tech
- Strategic Marketing
- Private Keyholder auctions or raffles for high-end pieces and prizes
