NFT Profit-Generation Model

One of our contributions is going to be NFT’s that actually earn you money. What we will do to make them as appealing as possible is to give them not only trading power but as well as financial incentives.

The maximum number of NFT’s that there will ever be is 50.

The owners of these 50 NFT’s will be eligible to:

  • 35% of the 4% deposit fee. If during a 3-month period $100,000,000 are staked in the platform and 60% comes from pools or farms non-related to LABO ( LABO pools/farms have no fees), the fees will be shared among the NFT holders. Meaning that $60,000,000 * 0.03 = $1,800,000 will be distributed among the NFT holders, $36,000 for each just from deposit fees.

  • 60% of the minting dev rewards. If the current emission rate is 1 LABO/Block, with a dev minting fee of 10%, NFT holders will be earning 60% of the dev minting fee, equivalent to ~34.5 LABO/Day, distributed among the 50 NFT holders.

  • NFT’s can be exchanged and will be liquid, in case users want to resell the NFT for a higher price or just gain liquidity, they can always sell their tokens in an NFT Marketplace. This also helps the Community to always have the most engaged NFT owners.

NFT front-end and Governance model will go live at the end of April, revenue will begin to accrue after an NFT is bought.

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