We will offer staking in the near future and farming too.
Stakers and Farmers will receive 50% TROP and 50% TRIP in rewards. Details will follow later.
Fixed rates are applied for the sustainable growth of Interop.
INTEROP will be airdropping #NFT art and other stuff to stakers, farmers and holders every 4 weeks! Our #NFT Curators will make you get good pieces.
40% of the Art will be airdropped to the Stakers of Interop.
Our fixed staking rates and locks:
-25% APY with 25 days locked
-50% APY with 50 days locked
-75% APY with 75 days locked
-100% APY with 100 days locked
10% of the Art will be airdropped to holders.
50% of the Art will be airdropped to the Farmers.
TROP will start with a deflationary farming system. This is similar to N3RD.FINANCE but with our own customizations to make it fit with NFTs.
Transaction fees mechanism
Every transaction in TROP has transaction fees. Whenever there is a trade or a token transfer, a 2.5% fee of the transaction amount will be applied and the fee will be used for rewarding farmers and stakers.
As TROP is an incubation project on the NERDz launchpad, TROP highly supports NERDz holders, farmers, and stakers by providing fee discounts to all NERDz holders.
Fee Discounts explained
-NERDz Holders with more than 50 NERDz will have a 15% discount on the transaction fees. NERDz holders with less than 50 NERDz and greater than 5 NERDz will have a 10% discount on the transaction fees
-NERDz Stakers with more than 50 NERDz will have a 30% discount on the transaction fees. Stakers with less than 50 NERDz will have a 20% discount on the transaction fees
-NERDz Famers with more than 1% share of any NERDz farming vault will have a 45% discount on the transaction fees. Stakers with more than a 0.1% share of any NERDz farming vault will have a 20% discount on the transaction fees. The reason pool share is used for farmers is to save Ethereum transaction gas cost as calculating NERDz of farmers in the vaults is gas costly.
TRIP — the NFT-driven token
In addition to TROP rewards from transaction fees, farmers will be receiving TRIP as additional farming rewards.
TRIP is the NFT-driven token introduced in this TROP-TRIP dual deflationary farming system.
-Farmers farming TROP by providing liquidity for TROP will earn TRIP. Any user can redeem TRIP tokens for NFT tokens created by Interop artists.
-Only TRIP can be redeemed for NFTs, which can be traded or sold through our to be launched in the future, Interop NFT marketplace.
-TRIP supply increases depending on how many NFT arts are produced by NFT artists.
For a better user experience, we will develop a utility/feature, which allows anyone to use any token to buy NFTs. Basically, in the background, the user-provided token is sold for TRIP, then for NFTs.
Why TRIP? NFT artists have limitless creativity, thus we need an unlimited supply token associated with it. TROP however will always be 86K max supply.
NFT artists and dedicated stakers and farmers can use TRIP to vote for the development of the whole Interop Web.