💲NFT Royalty Sharing

Rewards for $CHOO token holders,

We have an NFT royalty sharing dApp, this is where rewards are claimed from the sale of NFTs. The rewards pool from NFT royalties is 5.5% of each NFT sale. The rewards are paid in Ethereum based on the amount of $CHOO supply held and claimed through the dApp here. Please note, you need to hold a minimum of 0.25% of the supply. The rewards come from the royalties of the NFT sales, so are dependent on the volume of the NFTs being sold. Please see table below for the rewards pool distribution per 1000 NFTs sold (The rewards are based on the initial mint price). You need to lock your $CHOO tokens in order to qualify for the Ethereum rewards. You can unlock your $CHOO at any time, but you must lock for 14 days.

Rewards are claimed manually every 2 weeks through the dApp, you can only receive rewards if you have been locked for 14 days. You can see when your next claim date in the application. Please note, your rewards do not accumulate if you miss the two week payment date. You just receive your share of the pool based on the moment your claim.

Here is a screen shot of our rewards application:

Here is a diagram explaining the NFT royalty minting rewards: