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Swap

$tTRIAD Token CA: t3DohmswhKk94PPbPYwA6ZKACyY3y5kbcqeQerAJjmV

Swap Mechanics

Swapping NFT for $tTRIAD

  • Rate: 1 NFT = 10,000 $tTRIAD
  • Swap Fee: 2% (200 $tTRIAD)
  • Transaction Fee: 2% (200 $tTRIAD)
  • Net Received: 9,800 $tTRIAD
  • Total Cost: 200 $tTRIAD
  • Note: Swaps can only be done one at a time.
  • NFT Handling: The swapped NFT goes to a pool where it will be used if someone wants to exchange tokens for an NFT. This pool is managed by the swap program.

Swapping $tTRIAD for NFT

  • Rate: 10,000 $tTRIAD = 1 NFT
  • Swap Fee: 2% (200 $tTRIAD)
  • Transaction Fee: 2% (200 $tTRIAD)
  • Total Cost: 10,400 $tTRIAD
  • Note: Swaps can only be done one at a time.

Fee Distribution

Swap Fee (2%)

  • Treasury: 1.5%
  • Future Staking Seasons: 0.5% (Can be adjusted weekly based on holder's vote! Never less than 0.5% and never more than 1%)

Transaction Fee (2%)

  • Burn: 1%
  • Treasury: 1%

Example Calculation

Swapping NFT for $tTRIAD

  1. NFT Value: 10,000 $tTRIAD
  2. Swap Fee: 200 $tTRIAD
  3. Transaction Fee: 2% of 10,000 $tTRIAD = 200 $tTRIAD
  4. Net Received: 10,000 $tTRIAD - 2% = 9,800 $tTRIAD

(The user needs to pay 200 $tTRIAD as a fee to swap NFT for $tTRIAD)

Swapping $tTRIAD for NFT

  1. NFT Cost: 10,000 $tTRIAD
  2. Swap Fee: 2% of 10,000 $tTRIAD = 200 $tTRIAD
  3. Transaction Fee: 2% of 10,000 $tTRIAD = 200 $tTRIAD
  4. Total Cost: 10,000 $tTRIAD + 200 $tTRIAD + 200 $tTRIAD = 10,400 $tTRIAD

Fee Allocation Example

Swap Fee Distribution (200 $tTRIAD)

  • Treasury: 1.5% of 10,000 $tTRIAD = 150 $tTRIAD
  • Future Staking Seasons: 0.5% of 10,000 $tTRIAD = 50 $tTRIAD

Transaction Fee Distribution (200 $tTRIAD)

  • Burn: 1% of 10,000 $tTRIAD = 100 $tTRIAD
  • Treasury: 1% of 10,000 $tTRIAD = 100 $tTRIAD

NFT and Token Details

Note:

  • We have a total of 1,839 minted NFTs.
  • There are an additional 99 NFTs held by the team and 200 NFTs for liquidity in token form.
  • The swapped NFT goes to a pool managed by the swap program where it will be available for future swaps of tokens for NFTs.

Summary

By integrating these detailed swap mechanisms and fee distributions, users will have a clear understanding of the costs associated with trading their NFTs and $tTRIAD tokens. The structured fees ensure the sustainability of the platform by funding the treasury and future staking seasons while also burning a portion of the tokens to manage supply.

All swaps will be conducted at https://404.triadfi.co/swap.