Royalties
Users within the Orne.io ecosystem have the freedom to resell their trees at any time. However, upon each exchange, a percentage of the sale price is automatically deducted to facilitate various ecosystem enhancements and incentives.
Here's how the royalties system works:
25% for NFTs Collateral: A quarter of the deduction from the sale price is allocated towards buying back
$ORNE
tokens, which are then added to the NFTs collateral pool. This process serves to reinforce the insurance mechanism of the ecosystem, providing added security for investors and reducing the circulating supply of$ORNE
tokens.25% for DAO Incentives: Another 25% of the deduction is allocated as an incentive for DAO stackers. This rewards participants in the Decentralized Autonomous Organization (DAO) for their contributions to governance and decision-making within the Orne.io ecosystem.
25% for Liquidity: Additionally, 25% of the deduction is utilized to add liquidity to the ecosystem. This ensures sufficient liquidity for trading activities and contributes to the overall stability and efficiency of the marketplace.
25% for
$ORNE
Token Burning: Lastly, a quarter of the deduction is used to buy back$ORNE
tokens from the market, which are subsequently burned. Token burning reduces the total supply of$ORNE
tokens in circulation, leading to potential scarcity and increased value over time.
In certain cases, where artists contribute to the creation of NFT collections or artworks within the ecosystem, they may be entitled to a share of royalties. Any additional fees or royalties owed to artists are accounted for separately, with the distribution split calculated after these extra fees have been deducted.
This royalties system ensures that each transaction within the Orne.io ecosystem contributes to the overall growth, stability, and sustainability of the platform, while also providing fair compensation to contributing artists and incentives for active participation in the DAO.
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