SNFTS is a utility token created by Seedify, Incubator and Launchpad that will allow its holders to access the best NFTs in the space besides higher chances of getting into the NFT Launches promoted at the launchpad.
Some of the benefits of holding the token include:
-Fee discounts when $SNFTS are used (1% instead of 2%)
-Better RNG rates for the random NFT drop chances when making buy & sell transactions
-Funding the treasury for collaborations, marketing, NFT drops, and expansions
-Staking and farming for passive income
SNFTS Tokenomics:
-Total supply: 20 billion (where previously it was stated as 50 billion)
-SFUND snapshots and partnerdrops: 3 billion tokens — %15
-Liquidity: 500m tokens — %2.5 (half released initially, the other half released every month for 5 months)
-Staking and Farming incentives: 8 billion — %40 (linear monthly unlock for 120 months)
-Operations treasury: 4 billion — %20 (linear monthly unlock for 120 months)
-NFT treasury: 3 billion — %15 (linear monthly unlock for 120 months)
-Team incentives: 1.5 billion — %7.5 (unlock every 6 months for 120 months)