Vaults, Rewards and Strategic Sacrifice
Last updated
Last updated
There are multiple vaults active in the MojoTrolls $TUSKS ecosystem, These vaults are set up to collect, earn and distribute $TUSKS rewards. Rewarding those who grow, support and stabilize the ecosystem.
70% of all Fee Splitter Distributions are sent to the Tribal Vault. This vault is used to distribute these fees to the MojoTrolls Investment Pool (as detailed on the "Investment Pool" section) and the Rewards Vault.
This vault collects $TUSKS rewards from the Tribal Vault and Investment Pool and distributes them to Ancestral Node holders based on their ranking on the Ancestral Power Leaderboards. As described in section "Mojo and the Ancestral Power Leaderboards".
20% of all Fee Splitter Distributions are sent to the Project Vault. This vault is used to sustain the operations of the project and help the MojoSphere continue its journey down the roadmap.
10% of all Fee Splitter Distributions are sent to the Guardian Staking Vault. This vault is used to reward Sacred Guardian Node holders for staking $TUSKS tokens (and later for securing the network) based on their level on the Sacred Guardian Node Staking Pyramid (levels shown below).
In accordance with the Lore of the MojoTrolls in order to earn Mojo a sacrifice must occur. As detailed in the section "Mojo and the Ancestral Power Leaderboards", Mojo may be acquired by sacrificing $TUSKS tokens. This vault will accumulate these $TUSKS and then sacrifice them to the ancestors (burn them) in order to stabilize the circulating supply of $TUSKS and maintain the deflationary aspects of the token.