βš” Cryptoblades Announcement πŸ“’ 2022-11-17T23:06:25.441000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-11-17T23:06:25.441000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-11-17T23:06:25.441000+00:00

__**Revenue-Share Pool**__

**Important:** the revenue share pool will ONLY BE AVAILABLE FOR CONTRIBUTIONS until the end of this month!!! After that, the pool will only allow withdrawals with no ability to re-enter the pool. Those that remain staked will permanently share in revenue from Phase 9.3 fees as long as they hold RG Tokens.

**RG Tokens**
All Revenue-Share stakers will receive RG Tokens. The owner of these tokens will receive a proportional share of Phase 9.3 fees. These tokens will be required in order to unstake, and burned in the process, meaning these will remain proportionate to the amount of staked SKILL.

**December Revenue Share Dispersal**
Based on the current amount of staked SKILL, each staker will receive **$0.178 in BUSD per 1 SKILL staked**. This will be distributed to Revenue-Share stakers by December 18th. This means that in the very first month of distributions, you will already have received **15.8% of the current value of your SKILL tokens** ($1.13 at the time of this announcement) paid directly to you in stable-tokens, PLUS you will be doing your part in stabilizing the SKILL price! Bravo!

Put simply, if you stake 100 SKILL before the end of the month, you will receive **$17.80** in BUSD next month, and continue to collect fees month after month after month as long as you are staked!

__**BUT WAIT, THERE’S MORE!!**__
As I mentioned previously, all stakers will be delivered RG tokens. Why are these tokens necessary? They are for creating a brand new **speculative market** on the earning capacity of staked funds. Let me share an example.

kroge has 100 SKILL staked, and earned $15.80 in BUSD in December. Not bad! But lets say kroge wants to cash out his holdings without liquidating any SKILL. Well, because earnings are distributed to the holders of RG tokens, the open market might decide that they’re willing to pay $100 for those RG tokens, since they are pretty confident they will make that money back and then just be collecting passive income for their great-great grandchildren from that point on! So, kroge sells his RG tokens for $100, the SKILL remains staked, and the new owner of those RG tokens will now collect the Revenue-Share!

__**BUT WAIT AGAIN, THERE’S MORE AGAIN!!**__
These RG token holders will also have the opportunity to vote on referendums that have a **direct impact** on their **own revenue!** Another example:
Let’s say we want to improve overall revenue by creating additional income streams. One of those proposed income streams would be a SKILL fee upon performing certain actions in the CryptoBlades game. These RG token holders would have the job of determining if this action will result in a net-positive impact on revenue, or decide to vote it down. This is **Governance** in a nutshell, and only those who either stake in the Revenue-Share pool, or purchase RG tokens from a staker will be able to participate. For the first time in CryptoBlades history, holders will have the opportunity to vote on changes to the ecosystem!

__**QUICK RUN-DOWN**__
– Revenue-Stakers will earn **$17.80** for every 100 SKILL staked based on current revenue and staking amounts, paid out by December 18th.
– They will receive RG Tokens, which they can either sell on the open market, or burn to withdraw their staked funds.
– RG Token holders will also be given voting rights over referendums in the CryptoBlades ecosystem
– Staking contributions will __**PERMANENTLY END**__ at the end of this month. All RG Tokens will be distributed 1:1 with SKILL staked, and will be DEFLATIONARY from that point forward with no more being minted

Let’s keep this going, and the more users we get on BNB chain, the more the payout for Revenue-Share stakers will be!
LFG
LYA
10K
DAE
kroge
@everyone

— This material was sourced from the official CryptoBlades discord.

Related Posts

βš” Cryptoblades Announcement πŸ“’ 2022-09-14T02:44:42.741000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-09-14T02:44:42.741000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-03-02T15:22:41.815000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-03-02T15:22:41.815000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-10-19T12:40:24.189000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-10-19T12:40:24.189000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-09-02T14:13:01.627000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-09-02T14:13:01.627000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-02-22T12:32:15.712000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-02-22T12:32:15.712000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-02-18T00:12:47.130000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-02-18T00:12:47.130000+00:00

βš” Cryptoblades Announcement πŸ“’ 2021-12-16T17:34:16.409000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2021-12-16T17:34:16.409000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-10-26T21:30:56.329000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-10-26T21:30:56.329000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-10-06T17:37:48.290000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-10-06T17:37:48.290000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-08-22T12:58:03.451000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-08-22T12:58:03.451000+00:00

βš” Cryptoblades Announcement πŸ“’ 2022-10-31T19:36:21.911000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2022-10-31T19:36:21.911000+00:00

βš” Cryptoblades Announcement πŸ“’ 2021-11-01T20:12:58.766000+00:00

Comments Off on βš” Cryptoblades Announcement πŸ“’ 2021-11-01T20:12:58.766000+00:00

Create Account



Log In Your Account



Generated by Feedzy