Token Economy π
Last updated
Last updated
All fees from each collection will be converted into SALT tokens, which will lead to the price upward of the SALT Token. Such converted SALT tokens will be distributed to ecosystem participants, and SALT tokens for Marketing (holding by the Protocol) can also be used to reward SALT-related LP Pools. If you are a SALT holder, you can take SALT into SALT Staking Pool and create a SALT-related LP in DEX to earn additional profits.
SALT Staking Pool It is a perfect pool for staking your precious SALT Tokens. Donβt miss the chance to earn additional profits by βHODLβling your SALT. There are two different types of Pools based on lock-period. A) 21-day, B) 60-day. Users may get additional rewards by staking SALT into these pools. Please see the Fee Distribution chart below for the reward % of each pool. π
Community Staking (for Collection) Stake your SALT tokens into the Collections that you support. If the collection gets more attention (meaning more trading), there is a high possibility of getting extra profits. π
cToken β SALT LP Get cToken for each collection. You may buy cToken from DEX or by staking NFTs into the Collection. If you stake into cToken β SALT LP, you can earn fees as profits from the collections.
SALT Fundamental LPs (e.g., SALT β KLAY LP) They are SALT-centric LPs (SALT-related LPs). The protocol uses its marketing fund (SALT tokens) for rewarding liquidity providers to SALT Fundamental LPs. Enjoy yield farming with SALT-centric LP Pools. π§
NFT airdrops to collections When the NFT project airdrops its governance token to holders, the protocol will use such airdrops to bring the value of SALT or corresponding cToken β SALT LP. πͺ
*10% of the collection fees are distributed to Treasury for operating the protocol and other purposes.