GATA and YG Epoch Rewards April 2024
621 ATOM distributed to GATA and YG holders on 1st April 2024.
The distribution of GATA Epoch 20 rewards to eligible GATA NFT holders has taken place. A total of approximately 180$ ATOM was distributed among 986 GATA NFTs in circulation, with each NFT earning 0.18 $ATOM.
Eligible GATA holders for the GATA Epoch 20 rewards were staked Colonial cats (GATAc) Voyager cats (GATAv). The rewards were sent directly to the corresponding Cosmos Hub address of the holder.
Many different revenue sources contributed to the GATA Epoch 20rewards:
Validators:
- Cosmos: 100 $ATOM
- EVMOS: 1.7 $ATOM
- Juno: 3.1 $ATOM
- Omniflix: 18.4 $ATOM
- Teritori: 4.3 $ATOM
- Osmos: 12.2 $Atom
- Akash: 23.8 Atom
- Archway: 11 $Atom
- Stargaze: 3.4 $Atom
GATA DAO Treasury & Marketing rollover: 3 $Atom
Stars Royalties: 2 $ATOM
In total, the revenue from all the aforementioned sources results in approximately 180$ ATOM.
GATA DAO revenue model
GATA DAO Revenue Model
During the reward period, the self-bond assets of the DAO validators also increased:
- Nomic: increased from 14.9K to 15.4K NOM
- USDC: Increased from 630 to 700(Treasury)
In addition to the GATA Epoch 19 rewards, we are happy to announce that the 13th reward distribution for Yield Gorilla took place this month. A total of 441 $ATOM has been earned from staking Atom and TORI during FEB 2024. 310 Atom of these earnings have been distributed to holders, 73 Atom has been staked, 15 Atom has been bused to burn the floor and 15 more YG burned, 15 $ATOM, was used to raffle draw. Details here
Depending on the skin each NFT received the following rewards:
- Bull & Legend: 0.17$ATOM /YG
- Mooned: 0.085 $ATOM /YG
- Bear & Pump: 0.06 $ATOM /YG
- Neat & Elemental: 0.017 $ATOM /YG
For more information on the DAO revenue distribution and Yield Gorilla, interested individuals can visit the GATA DAO Gitbook.
More about GATA reward distributions here
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Disclaimer: Investing in yield-bearing NFTs is highly speculative and carries a high degree of risk. The value of yield-bearing NFTs can be highly volatile and can fluctuate rapidly, and there may be limited liquidity. Yield-bearing NFTs are built on blockchain technology, which is still relatively new and untested, and there may be technology risks associated with the underlying technology. The regulatory environment for yield-bearing NFTs is still uncertain, and changes in laws and regulations could negatively impact their value. Yield-bearing NFTs often rely on decentralized finance protocols, which can be vulnerable to smart contract exploits, hacking, and other security risks.
It is important to thoroughly research and understand the underlying technology, economics, and risks associated with yield-bearing NFTs before investing. We strongly recommend that you only invest what you can afford to lose and that you diversify your investments across multiple assets. This disclaimer does not constitute financial or investment advice and you should always consult a financial professional before making any investment decisions.
