💲Secondary Royalties
We will implement an 8% royalty on all secondary market transactions.
For the first 3 months, 100% of the royalties collected will be used to sweep the NFT floor, with the acquired NFTs raffled back to holders through the Pig Lottery.
After the initial 3-month Pig Lottery phase, secondary market royalties will be allocated as follows:
Use of Funds
Allocation (%)
• Invested in blue-chip yield farms and other passive income-generating opportunities
40%
• Dedicated to project development
30%
• Allocated to The Pig Pen, a NIKE ecosystem grant crafted to fund daring and innovative projects aligned with NikePig’s values.
20%
• Reinvested into the NikePig Yield Farm to boost liquidity and market stability.
10%
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