Overview
- Each trade through the protocol owned Uniswap position pays 1% fees.
- Every $5 worth of fees paid through a buy through the Uniswap pool (ONLY) mints a Ticket NFT.
- Every week a random number is generated, and the owner of the Ticket NFT with an ID matching the generated number receives a portion of the fees accumulated in the Uniswap position.
- 100 Ticket NFTs per week are picked based on the random number and will receive a project NFT, ie an "IFT". The number of project IFTs distributed through this method halves every 5 weeks.
- There are 10,000 project IFTs in total, any user can lock 1/10,000 of the token supply to mint a project IFTs.
- Every project IFT can be burned to redeem 1/10,000 of the token supply.
‼️ IMPORTANT ‼️
All swaps of $INT should occur through the Uniswap pool. It is recommend that swaps occur are performed either by calling the uniswap contracts directly or through using SushiSwap. If swaps are performed via an aggregator the corresponding $TKT NFTs will be transferred to the contract address of the aggregator and not the users wallet.
Do not provide liquidity for this token. Protocol owned liquidity is provided. Any externally provided liquidity will be automatically transferred to the DAO Treasury.
Last updated