THICCUMS Overview
THICCUMS NFTS ARE MINTING ON 4/20/2024!
Last updated
THICCUMS NFTS ARE MINTING ON 4/20/2024!
Last updated
THICCUMS Hybrid NFTs are the next development within the CHONK ecosystem powered by the CHONK token and offering even more unique game theory and arbitrage opportunities.
The THICCUMS NFTs are a generative collection with over 70 different traits which further develops the NFT x TOKEN liquid model by allowing ANYONE to adopt a THICCUMS NFT out of the THICCTANK (our two-way escrow mechanism) versus just the original owner (like the OG CHONK NFT collection).
This innovative mechanism allows users to lock their THICCUMS NFTs in exchange for $THICC tokens and vice versa, successfully blending 100% unique NFTs with the liquidity of an ERC-20 token. This not only creates a deflationary NFT collection, but also feeds a lottery reward pool as users interact with the system.
By locking your NFT in "The THICCTANK" (our escrow contract), you can claim $THICC tokens as a reward for securing your THICCUMS NFT in the THICCTANK. From the claim, 3% of the $THICC from the transaction is send to a THICC REWARDS POOL where there will be raffle where holders of THICCUMS NFTS and CHONK NFTs can submit their entries each week via our dedicated dApp.
To adopt an NFT from the THICCTANK, you must pay a set amount of $THICC tokens to the THICCTANK. This payment includes the original claim amount, plus a 3% premium. USERS ARE ABLE TO ADOPT ANY THICCUMS NFT THAT THEY CHOOSE FROM THE THICCTANK. Similar to claiming the $THICC token, 3% of the $THICC from this transaction is sent to a THICC REWARDS POOL to feed the weekly raffle.
Each NFT is assigned a specific amount of $THICC tokens that can be claimed at any given time.
Total Supply: 1,420,000,000,000 $THICC tokens
Total NFT Supply: 1,420 THICCUMS NFTs
Each THICCUMS NFT is claimable for 1,000,000,000 $THICC (less the 3% fee to feed the reward pool).
NFT holders have the freedom to pick and choose which NFTs you want to lock in "The THICCTANK", providing flexibility and control for users' participation. Similarly, within the THICCTANK, if a user wants to adopt an NFT, they can choose ANY NFT that had been deposited. This means that if someone deposits a rare NFT, another user could come and purchase it at it's liquid value of 1,000,000,000 $THICC tokens (+3% premium).
The $THICC token will be paired with $CHONK for the main initial LP pairing which will help to bond the two tokens' values and lock up $CHONK token supply in liquidity. The THICC/CHONK liquidity pool will be a Uniswap v3 pairing and be locked on UNCX forever. There will be a secondary pair created on launch as well which is a standard THICC/ETH pairing which will help to relieve pressure from the main CHONK liquidity pool. On secondary sales of the THICCUMS NFT, there is a 3% creators' royalty in ETH that will be used to help fund project expenses.
