Memeverse - FAQ
What is a Canon Event?
A Canon Event is a recurring round where community votes decide which partnered token will be bought with treasury funds, while stakers earn ETH rewards. It’s powered by a 3% tax on every trade.
How is the 3% tax used?
50% → NFT staking pool (weekly ETH rewards for stakers).
50% → Buys the winning partnered token chosen by community vote.
Who can vote?
Only Spoderman NFT holders can vote. One wallet = one project choice per event. The more NFTs you hold, the stronger your voting power.
How does the voting process work?
Treasury collects tax from trades.
A poll opens with partnered tokens.
NFT holders vote during a set timer (announced on Telegram).
Voting closes → results are final.
Funds are split and deployed as per the Canon Event rules.
How do staking rewards work?
Rewards are distributed weekly in ETH.
Each NFT must be staked for at least 1 week to unlock rewards.
If you unstake before 1 week, you get no rewards for that week.
The ETH reward pool grows each week as new tax comes in.
What happens if I forget to claim my rewards?
Unclaimed rewards do not expire. - If your NFT was eligible for Week 1 but you claim in Week 10, you will still receive all unclaimed rewards. - Rewards remain tied to each NFT until claimed.
What happens with the partnered token after purchase?
If the partnered token appreciates: - Profits are sold gradually over time. - Proceeds are used for marketing and $SPOD buybacks to strengthen the ecosystem.
How often do Canon Events happen?
Once one Canon Event ends (vote + fund deployment), the next begins. It’s a repeating cycle tied to community participation and treasury inflows.
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