Top Bonder Rewards
A description of the Top Bonder Rewards mechanism
Last updated
A description of the Top Bonder Rewards mechanism
Last updated
The Top Bonder Rewards mechanism is a system to incentivise the use of the Bonding mechanism in order to attract the most liquidity possible to the token for long term price stability.
5% of supply shall be allocated to Top Bonder Rewards. Upon release of the Top Bonder Rewards pool this 5% shall be released in a linear manner over 20 months (each month .5% is emitted).
The .5% monthly reward shall be split between the top 50 bonders who have staked their claimed NFT bonds into the pool (We shall in future add a marketplace for the bonds to be traded). The top 50 leaderboard is calculated by the cumulative amount of $TENDIES tokens paid out from the NFT bonds that are staked under a wallet. In order to reward early birds, NFT payout values are never reset and an NFT Bond is eligible for rewards for the entire duration of the program.