We haven't added this to the docs yet because we still need to finish the wallet delegation integration. Once that's done, you won't have to use your cold wallet to claim, you'll be able to use a delegated wallet instead.
Hi Turtles! 🐢
@Ramdan_se55 raised an important point about our mechanics, so let me clarify.
We considered airdropping the fees to every holder automatically, but since we can't control gas on the ETH network, we decided to let holders claim instead. This way, you can pick the time window when gas is lowest and minimize the "losses" on your fees.
If the contract airdropped the fees automatically, the gas cost would have to come out of each holder's share of the fee pool and the timing might not be ideal, meaning you could end up paying high gas unnecessarily.
As promised earlier today, here's one of the 7 legendaries.
6 of the 7 are done. The last one stays sealed (for now...).
We got something special planned with that slot for the holders.
These 6 will be raffled to holders. None for sale.
Website and docs are live → turtlefees.com
Mint, share growth, the forge, royalties, the vault, legendaries.
it's a quick read to understand how the whole ecosystem works together.
Take 5 min and go through it.
GM pond! 🐢
Docs about project mechanics releasing today.
We can confirm in advance that the mechanics don’t involve a project token, meaning holders will be paid in $ETH coming from 90% of all trading fees. No pump-and-dump tokens tied to the project whatsoever.
Later we’ll drop a small leak and probably the only one of one of our 1/1s, also about the mechanics, before we release the docs.
Don’t miss anything, stay tuned!
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