Revenue Share
Our revenue share program is designed to reward token holders by reflecting a portion of our gross revenue back to them. Here are the details of the program:
Eligibility
To be eligible for the revenue share, holders must have at least 50,000 $CHAMPZ tokens.
Revenue Share Allocation
Percentage: 20% of our gross revenue will be reflected back to all eligible token holders.
Proportional Distribution: Holders will receive a share proportional to their token holdings. For example, if a holder owns 0.5% of the total supply, they will receive 0.53% of the revenue share. The revenue share percentage will be higher than the holding percentage since the burned tokens are deducted in the calculation.
Snapshot and Distribution
Snapshot Timing: The snapshot for holdings is taken on the last day of each month.
Revenue Calculation: The revenue that is shared will be from the previous month.
Example: The snapshot taken on May 31st will determine the revenue share based on the revenue from April.
Distribution Timing: In the two weeks following the snapshot, the revenue share will be airdropped to each holder as Truffles.
Truffles to ETH Swap: Truffles can be swapped to ETH at a fixed ratio. To swap, holders need to log in with their wallet at https://play.champz.world and refer to the claim section (Refer to Claim ETH).
Monthly Revenue Payout: Each month's revenue share will be paid out equally over the next 4 months. This is to flatten out the effect of income-wise bad months.
Income Streams
Currently, there are three income streams contributing to the gross revenue:
Token Taxes: Includes a 5% buy/sell tax. (Refer to Tokenomics)
NFT Royalties: Revenue generated from NFT transactions. (official CHAMPZ NFT collection)
Ingame Truffle Spendings: Revenue from in-game purchases such as rerolling. (Refer to rerolling)
Example Calculation
June Revenue Share:
Token Taxes: 20 ETH
NFT Royalties: 1 ETH
Ingame Spendings: 9 ETH
Gross Revenue for June: 30 ETH Revenue to be Shared (20% of Gross Revenue): 6 ETH
If you hold 0.5% of the total $CHAMPZ supply, you will receive:
0.5% of 6 ETH: 0.03 ETH worth of Truffles, airdropped to your account over the next 4 months.
Future Income Streams
We plan to introduce additional income streams in the future to further enhance the revenue share program. These may include:
Ad Revenue: Earnings from advertisements displayed within the platform.
Microtransactions: Small in-game purchases that contribute to the overall revenue.
These additional streams will increase the total gross revenue, providing more significant returns to $CHAMPZ token holders.
Summary
The revenue share program is an excellent way for $CHAMPZ token holders to benefit from the platform's success. By maintaining a minimum holding of 50,000 $CHAMPZ tokens, you can receive a monthly share of the gross revenue, distributed proportionally to your token holdings. The revenue is derived from multiple income streams, ensuring a robust and rewarding system for our community.
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