[10%] Shareholders
10% of the Daily Issuance distributed as OURO
A total of 10% of the Daily-Issuance is allocated daily to Demiourgos.Holdings™ Shareholders. Anyone in possession of Demiourgos.Holdings™ Shares is eligible to receive a daily portion of this 10%. Rewards are distributed as OUROBOROS on a daily basis. Rewards Allocation for missing shares will be burned (see Example below).
Presently, there are 1,000,000 (1 MIL) Demiourgos.Holdings™ Shares available and their current owners are:
Currently there are 1.000.000 Company Shares:
Demiourgos.Holdings™ as a Company holds 1.000.000 Shares
External Entities hold 0 Shares.
Currently the 1 million Company Shares are further broken down into:
760 Snake SFTs own 380.000 Shares, 500 Shares each.
Company CEO owns 291.250 Shares
Company HOV owns 291.250 Shares
Company CTO owns 37.500 Shares
As more Snake SFTs are sold, with plans to reach up to 1000, equivalent to 50% of the Company as per our plans, the Company CEO and HOV will contribute 250 shares each from their existing Shares for each Snake SFT introduced into circulation, resulting in a reduction of their Share numbers.
As the company plans to create more Shares, their numbers will be updated here. The Company shares will be tokenized on MultiversX™ Blockchain by creating 1.000.000 Share SFTs.
Foreign Shares
Foreign Shares refer to Company Shares that won't be directly factored into the calculation of Shareholder Rewards. These encompass:
SFT Shares held by the Snake SFT Owners, which will be securely stored in the Snake DAO Vault on PeerMe™. Importantly, Snake SFTs are considered as independent Shares for the purpose of calculating rewards.
SFT Shares belonging to External Entities who possess traditional company shares but are uninterested in their blockchain representation fall into this category. These Shares will persist as SFTs for accounting purposes; however, they will be securely stored in the Demiourgos.Holdings Private DAO Vault on PeerMe™ and intentionally excluded from shareholder rewards.
Staking Mechanism for Shareholder Staking.
In order to benefit from Shareholder staking, the two distinct Shareholder types will have to stake their assets:
Shareholder Owners owning Share SFTs will have to stake their Share SFTs.
Shareholder Owners owning Snake SFTs will have to stake their Snake SFTs.
Each owner will thus get a Shareholder Score, this isn't affected by DEB™. Right now:
1 Share SFT equals 1 Shareholder Point
1 Snake SFT equals 500 Shareholder Points.
10% of the daily emission is allocated based on the total number of Shares in existence, including Foreign Shares. The NFT/SFT Staking Module will indicate the number of staked Shares out of the total in circulation. As of the current date, September 15, 2023, there are 1,000,000 Shares in existence. Consequently, the entire Shareholder Allocation will be distributed across these 1,000,000 Shares:
1 Share SFT is equal to 0.00001% of the daily emission.
1 Snake SFT is equal to 0.005% of the daily emission.
Example:
Consider the daily allocation of 970 OURO and the following Assets staked:
620.000 Share SFTs (all the Shares of the Company CEO, HOV and CTO)
725 Snake SFTs out of the total 760 in existence (15 are on markets, and 20 have not been swapped from their old NFT format). These 725 Snake SFTs equate to 362,500 Shares.
This totals to 620,000 + 362,500 = 982,500 Shares out of the overall 1,000,000 eligible for rewards from the daily Shareholder allocation:
In this scenario, 98.25% of the 10% daily allocation would be distributed as rewards, which amounts to 0.9825 * 0.1 * 970 = 95.3025 OURO.
The remaining 1.75% of the 10% daily allocation will be burned, which equals 0.0175 * 0.1 * 970 = 1.6975 OURO being burned.
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