NFT specs
Minting
Mint Phase Cycles:
44 Days of minting
Followed by 44 Days of no minting
Next Cycle repeats with 44 on / 44 off for the life of the Flux Protocol
**Cycle 1 - X Days on / 44 off (cycle 1 length adjusted to sync up with Flux Protocol)
44 on / 44 off cycle exists to prevent gaming the reward system
NFT immediately available to user for trade and earning / claiming rewards
Supply
The supply of NFTs are proportional to user participation
NFT Tiers
Legendary
10B TITANX
100x
Rare
1B TITANX
10x
Common
100M TITANX
1x
NFT Backing / Burn to Claim
All the NFT's accumulate a backing of Element 280, Inferno, and Flux tokens after each cycle distribution. This adds additional value to the NFT as the floor price of the NFT will not go below the market value of the tokens backing it, but it could trade above value. To claim these tokens, the NFT must be burned. There is a 3% tax on claiming that go to the rewards pool benefiting the diamond hand NFT holders. This is only for claiming backed tokens, and does not need to be burned in order to claim the rewards from the rewards pool.
3% NFT burn tax breakdown
2% NFT holder rewards
1% Genesis
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