The SolSteins
Last updated
Last updated
The SolSteins are unique because they were created before the idea for Yawww even existed.
Created as an experimental project in September 2021, this fun and quirky band of scientists were given a 4% royalty in which 2% would go to the original minters of the project and the other 2% would go to the creators.
After building the Yawww P2P Trading & Gaming project, those 4% royalties have been adjusted as follows:
2% to minter*
1% to Yawww team
1% to Yawww Treasury
*The "minter" refers to the minter of the each individual NFT (collecting royalties when your minted NFT sells on aftermarket), not the minters collecting royalties on total Stein sales.
The SolSteins were the first project to experiment with the novel idea of rewarding minters. Since then, many other projects have followed suit by distributing royalties to their communities for minting or holding NFTs from the collection.
SolSteins are eligible for staking in order to receive $YAW and will therefore benefit directly from platform use and increased volume as we continue to scale along with the entire Solana NFT space.
In this aspect, SolSteins share the same utility as QTs. The amount of $YAW received per SolStein staked will also be based on rarity (the more rare it is, the higher the yield).
How SolStein Rarity Compares to Quantum Traders:
After listening to feedback from our community, we have decided to give the SolSteins a higher average yield than the Quantum Traders. The SolSteins will average the same yield as the the top 50% of QTs (an average of 16,360 $YAW per NFT staked over two years).
The Bottom Line: The Solsteins (and Quantum Traders) are the the first NFT project on Solana that is backed by revenue from a trading & gaming platform which people are actively using every day.
As we rapidly build this platform and expand its features and capabilities, holding one of these NFTs allows you to participate in Yawww's future growth and success.
