😻THICC REWARDS Pool
Last updated
Last updated
As mentioned in previous sections of the THICCPAPER, there is a 3% transaction fee when depositing or adopting an NFT from the THICCTANK. This 3% fee is used to feed the THICC REWARDS pool.
During each week, holders of the CHONK and THICCUMS NFTS will be able to enter into a lottery via our dApp, and three winners will be randomly chosen. Each NFT equals one entry.
The rewards will be a split of the entire rewards pool based on the $THICC fees collected from the previous week.
The winners will be chosen by random drawing each Friday and rewards will be distributed as follows:
| 1st Place | 50% of $THICC Rewards Pool |
|---|---|
2nd Place
30% of $THICC Rewards Pool
3rd Place
20% of $THICC Rewards Pool