❓How it works

Every trade pays a 3% tax into the project treasury. For each Canon Event round, that tax is split two ways:

  • 50% β†’ NFT staking pool (paid out weekly in ETH to stakers).

  • 50% β†’ Buys the partnered token that wins the community vote.

Only Spoderman NFT holders can vote.

  • Each wallet can vote for one project per event (no splitting votes).

  • Voting power = number of NFTs held.

  • If the partnered token later makes significant profits, those profits are sold gradually, and proceeds go to marketing + $SPOD buybacks.


Step-by-Step

  1. Trades happen β€” Every buy/sell pays 3% tax into the treasury wallet.

  2. Vote opens β€” A DAO poll lists partnered tokens (only these can be voted on).

  3. Voting eligibility β€” Only Spoderman NFT holders can vote.

    • One wallet = one project choice per event.

    • Voting power = number of NFTs you hold.

  4. Timer starts β€” A countdown is launched on Telegram.

  5. Holders vote β€” NFT holders cast their votes during the timer.

  6. Timer ends β€” Voting closes; results are final.

  7. Funds split & deploy β€” Collected tax for that round is used:

    • 50% β†’ Staking pool (weekly ETH rewards):

      • Rewards distributed in ETH.

      • Each NFT must be staked for at least 1 week to claim.

      • If unstaked before 1 week, no rewards for that week.

      • Pool grows each week as new tax is added.

    • 50% β†’ Buy winning partnered token (the one chosen by the vote).

  8. Profits later β€” If the partnered token gains value, profits are sold gradually. Proceeds fund marketing + $SPOD buybacks.

  9. Repeat β€” A new Canon Event begins (new vote + new timer).


For technical support or feature requests, please contact the team.

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