Genesis NFT Passive Yield— The Nitty Gritty
All you need to know about Genesis NFT passive yield generation
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In our last few articles, we introduced Genesis NFT yield generation and announced the November 15 snapshot to earn a Pioneer SBT. In this article, we get down to the nitty gritty. We’ll detail how much $VDT you can earn by holding Genesis NFTs — and how much MORE you can earn from the various multiplier bonusses we have available.
Earning Factors
To earn passive income on Genesis NFTs, you simply need to have the the NFTs in your wallet (not posted for sale on a secondary market). You can use your NFTs normally in our upcoming games while still generating passive income.
How much $VDT you earn depends on a several factors:
- How long you hold your NFTs — You’ll want hold for the full year
- How many NFTs are in circulation — The fewer NFTs in circulation, the more you earn
- The early-bird SBT multiplier— You need to qualify for our epic Pioneer Soulbound Token (SBT) on the Nov 15th snapshot
- Heavy wallet multipliers — For 10+, 50+, and 100+ NFTs
💰 The USD value of your earnings depends on the USD value of $VDT. Estimates in this article are based on the planned launch price of $0.25.
🎮 This is a bear market estimate — considering how bullish crypto gaming will be in the future, we consider this an EXTREMELY LOW approximation of future value.
Wen Token Launch?
The beautiful thing about getting in early on $VDT yield is you will be rewarded with pre-launch tokens, straight to your wallet. Normally, you’d need to be a whale or invested in a launchpad platform to accumulate pre-launch tokens. The token launch date will depend on many factors, including market climate — this is for your benefit, to protect the value of $VDT for our community and investors.
Wen Game?
Passive yield on Genesis NFTs will continue for 365 days, but that does NOT mean we’ll wait that long to launch our gaming projects. Based on the current pace of development, our beta version metaverse should drop by end of year. Mini-games may drop at any time. (Psst, behind the scenes, we’ve recently partnered with a bangin’ game studio.) Stay tuned to our social media and Medium articles for future announcements.
Yield Generation Tokenomics
Our resident math wizard and tokenomics mastermind has designed the perfect incentive system for Genesis NFT yield rewards and multiplier bonusses. We’ll explain everything in simple terms and present some common use-cases below.
Assumptions
The use-cases below are based on the following assumptions:
- A yield generating period of one year — To get the highest possible yield, you need to hold your NFTs for the full year. (You will still be able to use them in our games.)
- All circulating NFTs are earning yield— The calculations below for “all available NFTs” and “currently sold NFTs” assume these NFTs would be earning yield. This, of course, is a false assumption because not every NFT owner is smart enough to hold for the full year. Many will post their NFTs on secondary markets. (Remember: The fewer people earning yield, the more you earn.)
- A $VDT value of $0.25 — Crypto prices are volatile, so this value is impossible to predict. This number might be reasonable accurate during the bear market, but when the bull market returns, hoo-boy! The sky’s the limit for $VDT!
Basic Numbers
The following figures are for 1 NFT for 1 year, with no multipliers applied:
Bring on the Multipliers!
You can multiply your earnings in the following ways:
Pioneer SBT multiplier — Have at least one Genesis NFT in your wallet at the November 15th snapshot to receive a cool Pioneer SBT, giving you a 10% multiplier on all NFT earnings! (What’s an SBT? Read this article for the basics.)
Heavy wallet multiplier— We’ve noticed the smart money accumulating our Genesis NFTs (they must know what’s coming). And we haven’t forgotten about the ‘friendly whales’ in our community. Heavy wallets can multiply $VDT earnings as follows:
- 10–49 NFTs — A 5% bonus (an approx. extra 83 $VDT per NFT)
- 50–99 NFTs — A 10% bonus (an approx. extra 166 $VDT per NFT)
- 100+ NFTs — A 15% bonus (an approx. extra 250 $VDT per NFT)
🧠Big-brain tip — If your wallet ain’t that heavy, don’t let the friendly whales concern you. Make sure you have one or more Genesis NFTs in your wallet on November 15th. Your airdropped Pioneer SBT gives you the same multiplier as a 99 NFT whale wallet!
Putting It All Together: The Use-Cases
The following use-cases will help you figure out how to apply these numbers to your own situation.
💣 Logic bomb: All figures are estimates based on current sales and are highly variable based on how many NFTs are circulating and how many multiplier bonusses get redeemed.
➡ 1 Genesis NFTs + Pioneer SBT (10% multiplier)
In this use-case, you would earn around 1,833 $VDT (est. $458 USD).
Calculation:
1,666+166 = 1,832 $VDT (per NFT)
1,832x$0.25 = $458
➡ 10 Genesis NFTs (5% multiplier)
In this use-case, you would earn an around 17,490 $VDT (est. $4,327).
Calculation:
1,666+83 = 1,749 $VDT (per)
1,749x10 = 17,490 $VDT
17,490x$0.25 = $4,372
➡ 75 Genesis NFTs (10% multiplier)
In this use-case, you would earn around 137,400 $VDT (est. $34,350).
Calculation:
1,666+166 = 1,832 $VDT (per)
1,832x75 = 137,400 $VDT
137,400x$0.25 = $34,350
➡ 150 Genesis NFTs (15% multiplier)
In this use-case, you would earn around 287,400 $VDT (est. $71,850).
Calculation:
1,666+250 = 1,916 $VDT (per)
1,916x150 = 287,400 $VDT
287,400x$0.25 = $71,850
❔ What to do next?
Step 1 — Purchase one or more Genesis NFTs
Step 2 — Wait for the Nov 15th Pioneer SBT airdrop
Step 3 — Learn more about VendettaDAO
Step 4 — Sit back and wait to start collecting sweet $VDT yield!
Learn more or say ‘howdy’ on our Telegram, Twitter, Discord, Instagram, and Facebook. And check out our website and YouTube channel.
