Weekly recap!

Ahoy Sailors!

Our weekly recap is finally here and we have alot to tell so lets get started sailors!

Last week we announced the launchdate of the Grand Banks, only 4 days left!! We are excited are you?

This week the team has worked hard to finalize the code and to find a good audit company/group to make sure its #SAFU . We have talked to alot of companies/groups that offer these audits and are excited to tell you that the audit will be done by the GEMZ group!! They fit our needs perfectly and are able to do it within reasonable time.

We also like to share the token alocation of the Grand Banks.

Tokenomics:
- Max Supply: 30,000 GRAND
- Mining Program: 26,400 GRAND (88%)
⁃ Team: 3,600 (12%):
- 6.5% Dev Team
- 2% Marketing and Partners
- 2% Core team
- 1% MoD
- 0.5% Airdrop!!

Mining Program:
The mining period last 10 months.
The token emission is 0.003 GRAND per block.

The Platform fee will be used to buyback and burn Grand Banks until the 10 months are over. After that, the fee will be used to buyback 50% GRAND to be burned and 50% GRAND will be distributed to GRAND-BNB liquidity providers!

Platform fees:

~0.1% entrance fee
1.5 % - 3.0% on profits depending on the vault.

Crosschain:

In the the future when we realize to go crosschain on Polkadot etc, we also use those fees to go back into the BSC.

Airdrop:
Saving the best for the last offcourse!
We sadly came to the conclusion to not do the airdrop, it didnt fit our needs....

Okay okay not funny excuse me.

Ill set the rum aside Sailors,
Offcourse the airdrop will be held!

0.5% of all Grand Banks will be airdropped to your ships! We decided to do the snapshot on the 14th of april sailors, so mark your calendar!
Distribution:
25% to NAR stakers
25% to NAR-BNB NLP holders
25% to NAR-BTC NLP holders
25% to NFT holders.
Minimum of $100 in value is required to be able for the airdrop!

Thats all for today sailors! Have a great week in advance and look out for some sweet #Giveaways on our OFFICIAL social media channels!

Sail safe Sailors!