Operating Income
There are a few methods built into the system to fund ongoing project maintenance, developer fees, marketing, and new additions to the project.
Last updated
There are a few methods built into the system to fund ongoing project maintenance, developer fees, marketing, and new additions to the project.
Last updated
NFTs that join without a referrer have the System Wallet as their referrer. NFTs that join the BioPunks also have the System Wallet as their referrer. This means that taxes on deposits and compounds on these NFTs go to the System Wallet.
Instead, funds in the System Wallet are locked, and pay out a fixed percentage of their total value each day. This percentage will start at 1% and can be adjusted as needed based on the growth of the project and budgetary needs.
The OOZE tokens paid out are sent to an automated token splitter, which will split them between the Operating Budget wallet (our multi-sig), and individual developer wallets. See the at bottom.
As mentioned in the , half of the 10% tax on buys and sells of SLIME is used to purchase locked liquidity, and the other half is used to fund a dividend pool that rewards all SLIME holders with 2% of its value a day.
The locked liquidity that will slowly build up over time will also participate in these SLIME rewards, and will send claimed USDC to the .
Initial liquidity does not participate in these dividends.
As mentioned in , the developers receive between them 4% of the initial OOZE token allocation.
Each developer's token allocation will be used at launch to mint for each of them 8 auto-ooze NFTs split between the 4 auto-ooze strategies excluding 'Freeloader'.
All tokens send to the token splitter will be split in the following way:
80% to the Operating Budget wallet.
20% split equally between the 4 developers.
