โป๏ธAddresse of the Maya redemption fund
Last updated
Last updated
The redemption funds are endowed with 50% of the funds raised during the sale of the respective collection. The total amount is divided by the total supply of the collection, which sets the minimum redemption price.
Redemption Pools: For each collection, specific redemption pools are established to repurchase NFTs at the minimum redemption price. This ensures liquidity and provides a safety net for investors.
Staking and Yield: A significant portion of these funds is staked in $STARS to benefit from the yield offered by the StargazeZone blockchain. By participating in its security, this staking increases the minimum redemption price over time, benefiting all holders.
Resale and Margin: When an NFT is redeemed from the pool, it is resold with a 50% gross margin, capped at 500 $STARS. This resale mechanism ensures that the minimum redemption price increases with each subsequent sale, continuously enhancing the value of the NFTs in the collection.
This structured approach ensures that the value of the NFTs is protected and progressively increased, providing a robust mechanism for both liquidity and long-term investment growth.