🎃

How does the CTNC work?

Mint NFT(Crypto Tiger)

Mint Date will be announced through social platform.
- Connect your wallet to our dApp​
- Head over “My Tigers” page and hit “Mint” button.
- Submit Mint transaction.

Stake CARAMEL on NFT

CASE 1: NFT HOLDER

- Buy $CML
- Connect your wallet to our dApp​
- Head over “My NFTs” page and hit “Stake” button on your NFT widget.
- Enter the amount to stake and submit Stake transaction.

CASE 2: NEW NFT SUPPORTER

- Buy $CML
- Connect your wallet to our dApp​
- Head over “Gallery” page and search an NFT
- Select an NFT and hit "Stake" button on the NFT widget.
- Enter the amount to stake and submit Stake transaction.

CASE 3: EXISTING NFT SUPPORTER

- Buy $CML
- Connect your wallet to our dApp​
- Head over “My NFTs” page and hit “Stake” button on your NFT widget.
- Enter the amount to stake and submit Stake transaction.
When a NFT holder & supporter staked $CML, the tokens are burned and rewards calculation of the NFT starts work. When claiming, NFT mints new tokens to the holder & supporter for rewards.

Reward Rate

NFT Rewards are distributed every 24 hours, and you may claim your rewards in CARAMEL tokens($CML) or USDT from our dApp.
The amount of Daily Rewards is about 3%.

When only compound for a year

X: Daily Rewards = 3%
APR=[1+(1+X/100)365]∗100=4,848,272APR = [1 + (1 + X/100)^{365}] * 100 = 4,848,272

When only claim for a year

X: Daily Reward = 3%
APR=X∗365=1,095APR = X * 365 = 1,095
min(1,095)<APR<max(4,848,272)min(1,095) <APR<max(4,848,272)

Claim and Compound

The NFT holder & supporters can claim his pending reward-$CML or USDT directly to his wallet using our dApp every day (24 hours) for the claim fee of 10%.
The NFT holder & supporters can compound his pending reward-$CML using our dApp every day (24 hours) for the compound fee of 10%. The pending reward $CML will be locked additionally in the NFT.

Trade NFT

You will be able to trade your NFT(node) to others, at a price that you determine, using Opensea and our marketplace. You will be able to unlist your NFTs or change your selling price.
There will be a 3% royalty fee on trading your NFT.