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Royalties & Fees
Activity | Royalty |
|---|---|
ISLAND NFT | Secondary Sale 7.5% |
ITEM NFT | Initial Mint 10%
Secondary Sale 10% |
GEM NFT | Secondary Sale 5% |
Activity | Royalty |
|---|---|
$DGOLD Transaction | 5% |
$NUGGET TRANSACTION | 5% |
Token Swap Fee | 2.5% |
The Degen Islands ecosystem has a fee gathering tokenomic structure for the $NUGGET & $DGOLD tokens.
5% of all $DGOLD & $NUGGET tokens transaction volume and the 2.5% token swap fee is charged as a transaction fee. The revenue made from fees is then split 50/50:
- Half of the profits go to The Degen Islands Treasury.
- The other half of the revenue from fees is put into funds for staking rewards.
This creates continuous cyclical utility for the $DGOLD token as the platform grows.
Royalties will include both secondary market sales and our own marketplace sales. We are allocating 40% of the earnings into the Liquidity Pool for stable price value appreciation. Please find details of the royalty allocations and use of funds at the below table.
Use of Royalties | Royalty | Use of Funds |
|---|---|---|
Company, Marketing & Partnerships | 20% | Company growth and marketing activities |
Staking | 40% | Treasury injection to support stakers. |
Liquidity Pool | 40% | We will eject funds into the LP to keep the sustainable $USDC parity. |
Last modified 1yr ago