💎
GEM Web3 Vision
  • 💎GEM Web3 Vision
  • 🔷Phase 1. GEM Hedge Fund
    • GEM Membership Pass NFT
      • NFT utility
      • INO Overview
      • INO Whitelist
  • 🔷Phase 2. GEM STOCKS
    • GEMC Tokenomics
      • Utility
      • veGEM
      • Initial Airdrop
      • Timeline after launch
    • Bribe
      • Token White List
      • Gauge
  • 🔷Phase 3. GEM Dollar
    • GemUSD Tokenomics
      • About conversion
      • GemUSD utility
      • GemUSD additional issuance and profit sharing
  • Roadmap
  • Q&A
  • Links
  • Security
  • Brand asset
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  • 💎Minter’s utility
  • 💎Staker’s utility
  1. Phase 1. GEM Hedge Fund
  2. GEM Membership Pass NFT

NFT utility

Benefits of GEM Membership Pass

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Last updated 2 years ago

💎Minter’s utility

If the GEM membership pass is minted (original minter), the utility is as follows:

1．GEMC airdrop allocation

18% of the initial airdrop allocation of GEMC will be allocated to the original minter. The breakdown is 30% GEMC and 70% veGEM.

2．Royalty distribution

Of the 10% secondary sales royalty, 6% always goes to the original minter.

For more information on initial airdrops, please refer to GEMC tokenomics

💎Staker’s utility

The utility for staking a GEM membership pass (staker) is as follows:

1．Royalty distribution

4% of the 10% secondary sales royalty is collected in the NFT staking pool and a portion of the pool is distributed weekly to stakers.

2．AMM fee distribution

Fee and Bribe revenues generated by AMM are distributed to NFT Stakers The percentage of dividends distributed weekly from the NFT Staking Pool to Stakers is as follows:

  • 1st to 3rd month: 20%

  • 4th to 6th month: 15%

  • 7th month and thereafter: 10%

🔷
Initial Airdrops