Hotpot Finance
  • ABOUT HOTPOT
    • What is Hotpot Finance
      • Typical Pain Points
      • Hotpot Solution
      • Hotpot Offerings
    • Airdrop
  • Capybara NFT
    • The Origin
    • The Mechanism
    • The Allocation
    • The Formula
  • Token
    • BCNT Token
      • Token Info
      • Token Distribution
      • Where to buy
  • Security
    • Audit Report
  • Tutorials
    • Getting Started
    • How to Swap
    • How to Bridge
    • How to Deposit
    • How to Harvest
  • FAQ
    • General FAQ
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  1. Capybara NFT

The Allocation

Simple explanation of how base value and yield allocates.

Now we fully understand what base value is. Then comes the question.

How much base value and yield does one Capybara NFT possess?

First off, 50% from the mint price is promised to each Capybara NFT. If you paid $100 BUSD to mint it, the base value would start with $50 BUSD.

The next question is:

How is the money made off from the secondary markets to be allocated to all Capybara NFTs?

For Capybara NFTs, the rules have already been planned out. The 50% total amount the team receives from the secondary market adds up to the base value pool and gets distributed per the weight each NFT encloses.

In the initial design, Capybara NFTs minted during the Free-Mint and Pre-sale phases retain 40 weights. The ones minted during the Public-sale phase retain 50 weights. The same rules also apply to yield allocation.

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Last updated 3 years ago

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