Snake NFTs/SFTs, Shareholders
DEMIOU-6d1b5c, DEMIOU-704b5c
Last updated
DEMIOU-6d1b5c, DEMIOU-704b5c
Last updated
Demiourgos.Holdings™ launched initially the "Snake" NFT Collection: DEMIOU-6d1b5c
as a 600-unit Collection. In the meanwhile, these were migrated to a newer Collection, featuring SFTs:
increasing their numbers to 1000 Units, while making the old collection obsolete. The Swap from NFT to SFT is ongoing and can be used here:
https://snake-swap.vestadex.com
Due to blockchain restrictions, these profits will be distributed only to either:
Staked SFTs
Wallet SFTs
As such, these rewards will be distributed only via the Snake Staking SC, or via other non-SC addresses.
Native earnings are of 2 Types:
Half of the Company Profits for LIFE (Snakes represent 50% of the Company). These profits will be distributed as the Company generates revenue/profits from real-life business.
0.005% of the Daily Snake Token Emission as liquid OURO per Snake, every day. (OURO that would have otherwise been given to "missing" Snakes, will be burned. Missing Snakes are Snakes kept in other SC, for example, Market SC, ex on sale).
These earnings are not affected by DEB™. Each Snake will earn the same amount.
Furthermore, staking SFTs brings several more reward benefits. These are the earnings owners of staked SFT are eligible for.
Snake Token Emission as illiquid AURYN, created at the daily Auryndex™ from 5% of the daily Snake Token emission, split between all Staked Snake SFTs.
How are the individual splits computed for the AURYN Rewards?
Each Staked SFT earns you 100 Snake Points. The Points are summed up, and multiplied by the DEB™, to make for the total personal Snake Score. Your Personal Snake Score, as a percent of all summed Personal Scores from all users, is what determines your share of the reward.
As these Earnings are affected by DEB™, they scale with Elite Account Tier.
The Second Collection, also includes the Shareholders SFTs. More about it . Meanwhile, at the time of writing this Information, an additional 160 SFTs were sold for 2500$ each, placing the total number of Snake SFTs in circulation at 760 units. 40 more are still to be sold at 2500$ each for a total of 100k USDC, while the remaining 200 will be sold for 1 MIL $ at 5000$ each, as per previous plans. 1000 Snake SFTs, will always represent 50% of the Company Shares. Right now Demiourgos.Holdings™ is represented by 1.000.000 Shares, and as such, each Snake SFT is valued at 500 Shares.
