Staking FRAK
Last updated
Last updated
Holders of FRAK, can stake their tokens to earn ETH.
At launch a 5% fee from all transactions on the Fraktal Marketplace is distributed to users who stake their FRAK.
As more applications integrate the Fraktal Protocol, the combined fees from all apps using the Fraktal Protocol are distributed to stakers.
Formula
Example (single app)
During a 24 hour period there was 25,000 ETH in transaction volume on the Fraktal Marketplace. This volume includes, buying Fraktions, selling Fraktions, royalties, payments , and buy-outs.
A total of 20,000,000 FRAK are staked, and Bob staked the 63 FRAK he received in the airdrop.
25,000 * 0.05 = 1,250 ETH in Fees to be distributed multiplied by Bob's share of
63/20,000,000, results in Bob receiving 0.004 ETH per day or 1.43 ETH per year.
However, this calculation only factors a single integration of the Fraktal Protocol.
Example (multiple apps)
Now let's assume in addition to the marketplace volume, Fraktal AMM has 250,000 ETH in daily volume and a 1% fee and FrakFest has a 10% fee with 10,000 ETH in daily volume.
Bob still receives the same share of Fees, there are just more of them now as they are accumulating between multiple applications using the Fraktal Protocol.
The total fees have now increased to 4,750 ETH and Bob earns 0.015 ETH per day and 5.46 ETH per year.
Example 3 (Real World Integrations)
*This calculation is merely to showcase the point of the infinite scale of Fraktal fees and the figures are assumptions
As mentioned in the Protocol Section, NFT use cases today are just scratching the surface of this world-changing technology. Imagine what happens when mainstream industries begin using Fraktal for music royalties, bond issuance and premium payments, rental property distribution, etc.
With $10 Billion in daily volume (5,000,000 ETH @ $2,000) and an average fee of 1% across all Fraktal integrations, total daily fees are 50,000 ETH. Giving Bob 0.1575 per day and 57.48 ETH per year.
