Trader and Degen Modes
RAG Trader and Degen modes
This entry fee model has been tried and tested over decades and has proven to be sustainable.
Instead of taking all portion of entry fees as profit we will redistribute back 25% of the fees back to the community in forms of free tournaments, giveaways and overlays from the Working Treasury which will be implemented immediately from launch. 25% of all fees will be used to help support the liquidity for community and 50% will be distributed to team for future development.
Tournament entry prices will be managed in terms of how much $TRDR based on market conditions.
Each tournament will have a +10% fee attached
$TRDR
40% to Treasury (overlays/marketing, promotions, liquidity etc...)
50% to team
10% to Origin NFT holders
This model takes in more that it distributes.
Example - 100 players entry to a 10 +1 $TRDR weekly tournament
100 x 10 $TRDR = 1000 $TRDR prize pool
1 $TRDR from each player is entry fees = 100 $TRDR
40 $TRDR to treasury / liquidity
50 $TRDR for Team
10 $TRDR for Origin NFT holders
Treasury $TRDR will be used for promotions, overlays, giveaways and marketing.
Additional utility for $TRDR
Breeding new Trader Stations and Hashers
Upgrading existing Trader stations to higher rarity
Minting NFT's through Quest mode
Upgrades to Hasher Mode NFT's
Gear upgrades/dismantling and equipping
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