Giveaway Drawing Schedule

Giveaway drawings will occur on the 15th of each month beginning June 2023.

Consistency is the goal regarding the amount of this payout. As a result, there will be a small percentage of capital held in reserve to ensure the payout even when the inevitable “down week” occurs with our revenue streams. Details are outlined below.

  • Once the amount of payout is set it will remain the same or increase with time.

  • The payout will be approximately 2.5% of the net profits however this will be done in a conservative manner in the early stages of the protocol. This will be rounded down to the nearest $100 increment. The remaining 2.5% will be held in reserves for miscellaneous giveaways and or promotions.

  • The rationale is to avoid having a situation of no capital in the giveaway allocation and the inability to pay out the giveaway without depleting other reserves.

  • With time it will become clear where equilibrium is found between an exciting payout and capital preservation for the protocol. As soon as it is safe to do so, the scheduled payout amount will be increased. This will be evaluated on a monthly basis.

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