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  • PumpTGT Token
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  • vePumpTGT NFT
    • VePumpTGT NFT Details
  • NFT DAO Governance
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On this page
  • Calculating Weight
  • Assigning Ranks
  • Sharing Profits
  • Example
  • Weight Calculation:
  • Profit:
  1. vePumpTGT NFT

VePumpTGT NFT Details

Operational breakdown of vePumpTGT NFT

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Last updated 2 months ago

Calculating Weight

Here’s how weight is figured out:

  • Base Weight: Depends on how many $PumpTGT ERC tokens you lock compared to everyone else.

  • Time Bonus: Up to 1.5x if you lock early ( drops over time ).

  • Duration Bonus: Up to 2x if you lock for longer (grows with time locked).

  • Special Rule: If you lock more than average, for the full term, and total locked PumpTGT tokens are 10% of all tokens, you get the max time bonus (1.5x).

  • Final weight = (Base Weight × Time Bonus × Duration Bonus).

Assigning Ranks

Rank
Weight Threshold
Description

🐋 Whale

> 1500

Top-tier governance power

🦈 Shark

> 700

Major governance influence

🐬 Dolphin

> 250

Significant governance participation

🐙 Octopus

> 150

Moderate governance participation

🐟 Fish

> 50

Basic governance participation

🦐 Shrimp

> 10

Entry-level governance participation

Sharing Profits

  • The distributor sends ETH to distributeProfit.

  • Steps:

    • Adds up the weight of all active NFTs.

    • Splits the ETH based on each NFT’s weight.

    • Sends each owner their share.

    • Updates each NFT’s claim info.

Example

Let’s say:

  • You lock 1000 tokens for 1 year.

  • Total locked by everyone is 10,000 tokens.

  • You lock right at the start (max time bonus = 1.5x).

  • DAO term is 2 years, so your duration bonus = 1.5x (half the max).

Weight Calculation:

  • Base Weight = (1000 / 10,000) × 1e18 = 0.1 × 1e18.

  • Time Bonus = 1.5x = 1.5e18.

  • Duration Bonus = 1.5x = 1.5e18.

  • Weight = (0.1 × 1.5 × 1.5) × 1e18 = 225e18.

  • Rank = "Dolphin" (weight > 250).

Profit:

  • 10 ETH is shared, total weight = 1000.

  • Your share = (225 / 1000) × 10 ETH = 2.25 ETH.

Whale VePumpTGT NFT Details