Holder rewards
One thousand GRIT to be on the list.
Wallets that hold at least 1,000 GRIT are eligible. After launch, the contract can send rewards as often as daily. How often depends on the token’s volume. Rewards are not interest, and they are not guaranteed.
The floor
1,000
Hold, do not lock
There is no staking contract. You keep the tokens in your wallet. Eligibility is the balance. If you drop below one thousand, you leave the list until the balance returns.
The reserve
400,000
Treasury first
Four hundred thousand GRIT tokens sit in the treasury for rewards and incentives. That is forty percent of the one million. It is not an extra mint.
The cost
2%
Fee is public
Two percent on buys. Two percent on sells. The fee cannot be increased. The split is below.
Treasury
Who the pool is for.
Project wallets are coded so they are not eligible to collect rewards or fees from the holder pool. That pool is for holders who buy at least 1,000 $GRIT.
How it is sent
As often as daily.
The contract sends holder rewards as often as daily. A busier day, with more token volume, can have a payout. A quiet day may not. It is not paid on every single trade, and it is not a person picking the day.
A wallet is included when it holds at least 1,000 $GRIT. You keep the tokens in your own wallet. You do not stake them and you do not lock them. Drop below one thousand and the wallet sits out until the balance is back. A payout is not interest, and it is not a promise that the next day will have one.
The two percent
Where the fee goes.
The same 2% is taken on a buy and on a sell. The fee cannot be increased.
| GRIT Treasury | 1.30% |
|---|---|
| Development | 0.25% |
| Marketing | 0.15% |
| Liquidity pool | 0.15% |
| Holder rewardsA wallet must hold 1,000 $GRIT to receive a reward. | 0.15% |
| Total | 2.00% |
Project wallets are coded so they are not eligible to collect rewards or fees from the holder pool. That pool is for holders who buy at least 1,000 $GRIT.
A reward is a balance, not a promise.