Today a new chapter aimed at utility begins for KusamaDragons. From now on, each Dragon Holder will receive a passive income in KSM on a % of the sum in KSM used for the purchase of the NFT every 4 month starting from the original sale. This means that there will be a new count in case of purchase through secundary market.
More specifically:
A sum ranging from 40-60% of the purchase price of the Dragon (depending on the rarity of the Dragon) will be staked on KSM.
But we’re adding a premium to the KSM stake!
There will be an APY of 25% on each @kusamadragons until further notice. The team undertakes to NEVER lower the APY below the one obtainable through the classic staking on KSM.
The APY will be used in this way:
•70% of the resulting sum will be given directly to the holder every quarter; •30% will be allocated to the creation of the Kusama Dragon Treasury, with the idea of using this wallet over the years for initiatives aimed at the total interest and benefit of the community, such as Lotteries, purchase of nft from other collections and giving away tok dragon holders, etc.
To summarize:
•Each LIMITED Dragon is connected to a passive income based on the 40% of the purchase price of the Dragon.
•70% goes to the Dragon holder; •30% goest to Kusama Dragon Treasury;
•Each RARE Dragon is connected to a passive income based on the 50% of the purchase price of the Dragon.
•70% goes to the Dragon holder; •30% goest to Kusama Dragon Treasury;
•Each ULTRA RARE Dragon is connected to a passive income based on the 55% of the purchase price of the Dragon.
•70% goes to the Dragon holder; •30% goest to Kusama Dragon Treasury;
•Each LEGENDARY Dragon is connected to a passive income based on the 60% of the purchase price of the Dragon.
•70% goes to the Dragon holder; •30% goest to Kusama Dragon Treasury
