ok.let’s.ape. NFT Drop
If you’ve picked up a bag of $OKLG, congrats! You know the future is bright for us HODLers. You also know that your rewards are claimed every 12 hours, do not stack, and are driven by trading volume. So it’s important to load up your bag so you can take bigger scoops of the rewards pool each time — or pick up some NFTs to boost your rewards.
That’s right, the best culture, meme, and utility token on the market brings you more than just one of a kind, beautiful artwork. We bring you NFTs with purpose!
The specifics:
Launch Date ⏰
2022-01-06
Mint Price 💵
$210.34 USD = $420.69 / 2 🙂 (Price is pegged via Chainlink price feeds)
10 max NFTs per wallet
Mint Location 🗺
Release Tranches
5k total NFTs per chain
Tranche timelines are TBD, but will likely be every two weeks or monthly.
- Tranche 1: 1k
- Tranche 2: 1k
- Tranche 3: 1k
- Tranche 4: 1k
- Tranche 5: 1k
Funds Allocation 💰
- 25% community rewards
- 25% buyback OKLG and burn (over several weeks)
- 40% marketing & R&D
- 10% treasury investment (3-6 month minimum runway) ($Metis, $TIME, $FLOKI, community vote, etc.)
Initial Utility 🤑
Rewards Boost:
- 0-15M OKLG balance: 50% rewards boost per NFT, up to 300% max (1 NFT = 50% boost, 2 NFTs = 100% boost, 3 NFTs = 150% boost, etc.)
- 15-80M OKLG balance: 25% rewards boost per NFT, up to 200% max (1 NFT = 25% boost, 2 NFTs = 50% boost, 3 NFTs = 75% boost, etc.)
- 80M and above OKLG balance: 15% rewards boost per NFT, up to 150% max (1 NFT = 15% boost, 2 NFTs = 30% boost, 3 NFTs = 45% boost, etc.)
Fee Exclusion:
- If >=5 NFTs are owned, new OKLG positions (those with <100,000 OKLG balance at the time of trading) can buy OKLG with no taxes
As you prep for minting keep something in mind… these NFTs will serve many MANY purposes down the road. Not just fee exclusions and rewards boosts. We have HUGE plans. You’ll want to make sure you get your hands on these before it’s too late.
Bridging
We will be minting 5,000 NFTs on BSC and 5,000 on ETH. However, your NFT will be “bridge-enabled” — meaning you can bridge your one-of-a-kind NFT from BSC to ETH and vice versa. The way we are enabling this is by minting two copies of each NFT. You will get one copy, depending on which chain you mint on, and the other will be locked up in the bridge contract.
So if you mint on BSC, you will be able to essentially swap it out for the ETH NFT through the OKLG platform. No one other than the owner of the twin NFT will ever be able to touch the one locked in the contract. So you can sell or transfer to another wallet and it will have access to the twin locked in the bridge.
New to $OKLG?
If you have questions, want to learn more, or simply want to meet the $OKLG community, check out our website, Telegram, and other blogs!
