NFT specs

Minting

• Mint Phase = 28 days

• NFT immediately available to user for trade and earning ELMNT rewards

• *Burning NFT to claim ELMNT Backing option is available after 48 hours from mint timestamp

Supply

• Capped supply once mint phase ends

• Deflationary supply as users burn NFT to claim ELMNT tokens forever after

NFT Tiers

NFT	Mint Cost	Burn Cost	NFT Backing	Reward Multiplier
Legendary (Amped)	10B TITANX	1B TITANX	10B ELMNT	120x
Legendary	10B TITANX	0	10B ELMNT	100x
Rare (Amped)	1B TITANX	100M TITANX	1B ELMNT	12x
Rare	1B TITANX	0	1B ELMNT	10x
Common (Amped)	100M TITANX	10M TITANX	100M ELMNT	1.2x
Common	100M TITANX	0	100M ELMNT	1x

*All NFT's can be minted with ETH in the equivalent USD value of TITANX

*Note that the Amped versions have the same mint cost and ELMNT backing. There is an additional burn cost (sent to Helios Treasury), and increased reward multiplier on earning ELMNT from rewards pool.

Rewards Pool

Rewards distribution to NFT holders will be callable every 7 days. This function only needs to be called once by a single person to allocate ELMNT to everyone. Users are then able to claim ELMNT tokens at any time after a distribution event. Your portion of the rewards pool is equal to the total reward multiplier of all your NFT's combined then divided by the global multiplier.

Example:

• You own a Rare (10x) and a Legendary (Amped) (120x)

• Your total multiplier is 10x + 120x = 130x

• If the global multiplier of all NFT's in circulation combined is 13,000x then your % of the pool is calculated as 130x/13,000x = 0.01 or 1%

• If the rewards pool has 10,000 ELMNT in it, then your 1% portion claimable is 100 ELMNT tokens.

NFT Backing / Burn to Claim

All the NFT's are backed by ELMNT tokens with each tier having a different amount. This adds additional value to the NFT as the floor price of the NFT will not go below the market value of the ELMNT backing it, but it could trade above value. To claim these tokens, the NFT must be burned. There is a 3% tax on claiming ELMNT that go to the rewards pool benefiting the diamond hand NFT holders. This is only for claiming backed ELMNT tokens, and does not need to be burned in order to claim the rewards from the rewards pool.

3% NFT burn tax breakdown

• during mint phase

  • 2.4% NFT rewards

  • 0.3% ELMNT Burn

  • 0.225% Genesis

  • 0.075% Helios Treasury

• forever after mint phase

  • 1.8% NFT rewards

  • 0.6% ELMNT Burn

  • 0.45% Genesis

  • 0.15% Helios Treasury

Why would someone want to mint an NFT over tokens?

By minting an NFT, a user will earn rewards from ELMNT token sales transactions. This means a user not only uses the NFT as a store of value for the ELMNT tokens that back the NFT, but also has the ability to increase their holding of ELMNT tokens from rewards.