Investment Rewards
How the Interest is Paid to NFT Holders
To receive any investment rewards you will need to claim them from our rewards site.
https://dacc.netlify.app/ The value of the Investment Vault will start at 65% of the mint, meaning that we will take 65% of the mint funds and invest them into the Vault. Before the mint is complete it is impossible to know exactly how much 65% of the mint funds will be worth.
Mint Tier
At mint completion
50%
40%
Tier 1
+100% growth
60%
30%
Tier 2
+50% growth
70%
20%
Tier 3
+34% growth
90%
0%
Whatever the value of the vault after the mint has completed (65% of the total mint funds) when those funds have doubled in value, meaning the total value of the vault has grown by 100% then the interest paid out will shift to the Tier 1 level, meaning the interest paid out to staked holders will be 60% of the interest, and the amount of interest compounded will be 30% of the interest Once the vault has grown by an additional 50% then, then the interest paid out and interest compounded will shift to Tier 2, and after an additional 34% growth they will switch to Tier 3. For example. Let us imagine that at mint completion 65% of the mint funds equals roughly USD $20,000. In this case the vault would reach Tier 1 status when the value of the vault increases by 100%. 20,000 * 100% = 40,000. So in this example, when the funds reach $40,000 the fund will reach Tier 1 status.
Tier 2 status will be reached when the value of the vault has grown by an additional 50%. 40,000 * 50% = 60,000. So for the sake of this example, when the fund reaches $60,000 it will move to Tier 2 status.
Finally, when the fund grows by an additional 34%, it will reach Tier 3 status, 60,000 * 34% = 80,400. So for this example, Tier 3 would be reached when the fund grows to a value of USD $80,400. At that time 90% of the interest generated by the fund will be paid out to NFT holders as shown in the table above.
The TeenDACC burn campaign
For the first year after TeenDACC is listed on secondary markets a 10% portion of the interest will also be withheld and used in combination with the royalty fees as part of a buy-back-and-burn campaign to buy TeenDACC off secondary markets and permanently burn them, permanently reducing the total supply. Once this one-year period of BB&B has been completed, the 10% of interest will be shifted, 5% will be sent back to the investment vault to be permanently compounded, and the other 5% of the interest will become a fund management fee.
There will also be a second source of revenue used for BB&B, the royalty fee, for a one-year period 100% of the secondary market royalty fees will also be used for BB&B of TeenDACC. After the one-year period of BB&B is completed, the royalty fees will shift to 50% being compounded into the investment vault, and 50% going to the team. In this way through these two revenue streams, 50% of royalties, and 5% of compounded interest, the investment vault will continue to grow forever.
Staking OG DACCs
The OG DACCs are a royalty-rewards NFT, each week 75% of the royalties that OG DACCs have earned from secondary markets can be claimed from the investment rewards site. Check https://dacc.netlify.app/
When will investment rewards go live?
Investment rewards are live for both DACC and TeenDACC Check https://dacc.netlify.app/
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