OOZE Finance Whitepaper
  • Introduction
  • Disclaimer
  • OOZE Tokens
    • OOZE Token Basics
    • What sets OOZE apart
    • Tax Breakdown
  • The Manhole
    • Getting started
    • Getting Funds to Fantom
    • Safety & the Blockchain
    • Purchasing OOZE
  • The Sewer
    • Exchanging OOZE for NFTs
    • NFT Basic Rules & Rewards
      • 🐋Additional Whale Tax
      • Order of SLIME additional features
        • Taxes and Kickbacks
      • BioPunks additional features
  • XP
    • Gaining XP
    • Spending XP
    • XP Limits and your Deposit Amount
  • The Swamp
    • SLIME Basics
    • SLIME and XP
    • Team-building Reward Eligibility and the Swamp
  • Presale and Initial Token Allocation
    • Presale
    • Initial Token Allocation
    • Initial Launch Taxes
  • Operations
    • Operating Income
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  • Whenever someone you’ve immediately recruited for your monastery deposits...
  • Whenever someone you’ve immediately recruited for your monastery compounds...
  • Whenever someone in your monastery or your disciples’ monastery compounds...
  • When the round-robin tax from compounding hits an ineligible wallet...
  • When the round-robin tax from compounding hits the System Wallet...
  • When the round-robin tax has already hit the System Wallet and has turns remaining (in the 15 turns)...
  • Monastery Tax Kickbacks
  • The kickback amount you set for your disciples is locked for each disciple at the time they join.
  • When you refer someone who ends up joining the BioPunks...
  1. The Sewer
  2. NFT Basic Rules & Rewards
  3. Order of SLIME additional features

Taxes and Kickbacks

for the Order of SLIME

Whenever someone you’ve immediately recruited for your monastery deposits...

...you receive a 10% after-tax reward (minus kickback), which increases your REWARDS amount, and therefore your BALANCE.

Whenever someone you’ve immediately recruited for your monastery compounds...

...you receive a 5% after-tax reward (minus kickback), which goes to your REWARDS amount, and therefore your BALANCE.

Whenever someone in your monastery or your disciples’ monastery compounds...

...another 5% after-tax reward is generated, which may hit your REWARDS on a round-robin basis (minus your chosen kickback), where there are 15 turns, traveling up guru to guru.

When the round-robin tax from compounding hits an ineligible wallet...

...no reward is granted, and the full amount of the tax goes to the contract balance minus a tax kickback as determined by your STEALTH.

When the round-robin tax from compounding hits the System Wallet...

...the amount goes to the System Wallet, minus a tax kickback as determined by your STEALTH.

When the round-robin tax has already hit the System Wallet and has turns remaining (in the 15 turns)...

...all remaining turns go to the contract balance, minus a tax kickback as determined by your STEALTH.

Monastery Tax Kickbacks

When forming your monastery, you have the option to set a % of kickback for rewards for deposits and compounds between 25% of the reward (so 2.5% of their after-tax deposit amount, or 1.25% of their after-tax compound amount) and 75% of their reward (so 7.5% of their after-tax deposit amount, or 3.75% of their after-tax compound amount).

The kickback amount you set for your disciples is locked for each disciple at the time they join.

So if you set for example a 50% kickback rate, then 5 disciples join, and then you change your kickback rate to 25%, the 5 disciples who joined before your change are locked in at 50% whereas all new disciples will receive the 25%. When joining a team, potential disciples will see the potential kickback rate you are offering.

When you refer someone who ends up joining the BioPunks...

...you will receive a 10% after-tax reward on their initial deposit minus your chosen kickback- they will not receive further kickbacks from you, but instead from the system wallet, which defaults to 25%. This is to incentivize them to join your team for further higher kickbacks.

PreviousOrder of SLIME additional featuresNextBioPunks additional features

Last updated 2 years ago

This kickback goes back to the NFT that originated the deposit or compound, hitting their REWARDS. This has the potential to be higher than the default 25% reward kickback that the BioPunks get from hitting the System Wallet with their deposits and compounds, and is a way you can give incentive to your monastery disciples.

See "Team-building Reward Eligibility & the Swamp" for full details.
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