💰Holders Benefit

As you know, our second collection is about holding and winning. We decided to use that benefit with Little Dragons as well. How?? you ask. Well, here it is:

Getting Pumpkin Bounty NFTs - we will mint as many as we can in OG, WL and Public mint using part of the reflections from secondary.

How much each Dragon will get:

  • every mix of 5 Common and Uncommon Little Dragon is valued as 1 entry when splitting the gains between holders

  • every Rare Little Dragon is valued as 1 entry when splitting the gains between holders

  • every Epic Little Dragon is valued as 1 entry when splitting the gains between holders

  • every 1-1 Little Dragon is valued as 2 entry when splitting the gains between holders

  • all of the above will be cumulative, so the more you hold, the more entries you get

Calculating the max number of entry possible, we get to a number of 406 max entries. The share Little Dragons will get based on the Little Dragons holdings from Pumpkin Bounty pot will be divided to that entries number.

As 406 sounds like a big number and a very low reward, we decided to actually start a burning campaign to reduce the supply. We will burn ONLY Common and Uncommon. If we manage to burn them all we will reduce that 406 max entries number to only a 278 one.

How we will burn Little Dragons:

  • Games where the entry fee is 1 Common or Uncommon LD. Winner can take 50% of the Dragons in the game and we burn 50% or we can award other projects NFTs and we burn 100% of the LDs in the game

  • Raffle a Pumpkin Bounty NFT where the raffle entry will be a Common or Uncommon Little Dragon NFT. All Dragons used to enter this raffle will be burned

  • 1 vs 1 Telegram "/random" game

How we increase the value of the cut we get for LDs from Pumpkin Bounty - we will continue to mint as many Pumpkin Bounty NFTs as we can from Royalties until is minted out. The more LDs hold, the bigger the cut from the final pot. We will try to get the LDs treasury to be at least a Gourd Keeper if not better

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