🖼️PALS (Pocket NFT)

This collection will help raise capital for Pocket & act as a pass that will enhance user experience and unlock exclusive features. Pocket NFT gives users a rich set of rewards and pro features for avid crypto traders to up their trading on Pocket DeFi. The Pocket NFT will get you:

Holder benefits:

  • 50% of platform fees for creators when their Pocket is copied (instead of 25% for non-holders)

  • NFT holder Pockets are featured on the explore carousel for better exposure

  • Pro trading features, full historical data access, full API usage

  • Dynamic fee sharing. Tier-based rewards. The more overall platform usage you have, your NFT will grow in tiers. Each tier unlocks better rewards while using Pocket.

  • Only holders will have the ability to send referral links, meaning holders are the only ones able to claim rewards for onboarding new users

  • Locked pockets, gated pockets, and pockets for communities to keep portfolios exclusive

  • Other perks in the future, which will correspond directly to new features introduced & made live

Where do fees come from?

  • Platform fees including portfolio creation fees, open positions, copy fees, and others

  • Future features

PALS Fee Sharing

Dynamic fee sharing is proportionate to the amount of revenue that Pocket is making.

Fees will start out small, and grow as Pockets revenue grows. As more platform features and collaborations are announced, more streams of revenue will open up allowing us to share more fees with PAL holders. Base emissions

When holder benefits are live after main-net has launched, each PAL will come with "base emissions".

These emissions are the minimum fees PALS will emit at any given time, and will gradually become bigger while Pockets revenue & streams of revenue continue to grow.

Base emissions will start at 1 cent per day per PAL for example if PALS fully mints out.

After mint & our audit, we will announce when emissions will be live. Why will fee sharing start out small?

Simply put, the platform has to build up revenue so that we can share it.

Sharing a chunk of mint for example right away would not benefit anyone. It wouldn't be sustainable for platform growth, or fee sharing, and for PAL holders to gain bigger amounts of steady passive income Pocket needs to build up strong & steady streams of revenue.

Fee sharing is directly correlated to platform performance/revenue. As the platform's revenue grows, fees shared with holders will also be subject to growth. Similarly, if the platform's revenue diminishes, fees for holders could be subject to decrease.

💵Fees

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