> For the complete documentation index, see [llms.txt](https://nikepig.gitbook.io/nikepig/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nikepig.gitbook.io/nikepig/nikeverse-whitepaper/nikeverse-nft/secondary-royalties.md).

# 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:

<table><thead><tr><th width="488">Use of Funds</th><th width="163.0985107421875">Allocation (%)</th></tr></thead><tbody><tr><td>• Invested in blue-chip yield farms and other passive income-generating opportunities</td><td>40%</td></tr><tr><td>• Dedicated to project development</td><td>30%</td></tr><tr><td>• Allocated to <em>The Pig Pen</em>, <strong>a NIKE ecosystem grant</strong> crafted to fund daring and innovative projects aligned with NikePig’s values.</td><td>20%</td></tr><tr><td>• Reinvested into the NikePig Yield Farm to boost liquidity and market stability.</td><td>10%</td></tr></tbody></table>