Kondux Founder Pass NFT
As an owner of the KONDUX FOUNDER PASS NFT you will receive a series of exclusive benefits within the $KNDX ecosystem. This unique opportunity is available to only 175 people who mint the pass!
Kondux Founder Pass NFT
- FREE Disclosure Collection kNFT
- 10% Staking bonus on $KNDX (Based on Variable APY. Participation Dictates APY) ie; If Current APY is 15%, + Kondux Founder Pass NFT = 16.5% APY
- Stackable with boosts up to 4 kNFT (5% ea. max 20%) for $KNDX example; (Assuming APY is @ 10%) KNDX Staked + OG founder pass (10% boost) + 4 kNFT ERC-721 (20% Boost) = 30% Boost. APY will be 13%*
- Guaranteed whitelist spot available for all future Kondux created kNFT collections
- Select Beta Testing Opportunities
*To receive these benefits you must hold a Kondux Founders Pass NFT in the same wallet you register for white lists with. If a Kondux Founder Pass NFT is not held by the same wallet when mint occurs, benefits are null. This offer does not change your free OG status kNFT.
Tokenomix announcements and litepaper are out now!
The cost for OG WL Members is 0.2 $ETH
Public and all other WL Members will be able to mint the Kondux Founder Pass NFT at 0.25 $ETH
Max Boost Duration:
Combination of Max Boosts – Founder’s NFT ($KNDX) (10%), five kNFTs with 5% boost each, with a locking period of 365 days.
If you stake 10,000 $KNDX tokens with a Founder’s NFT (10% boost), five kNFTs each with a 5% boost (25% boost), and a 365-day locking period (9% boost), your total boost would be 44%. The resulting APR for 365 days would be 36% ($KNDX) (25% * 365/365 * (1 + 0.44)), and your reward would be 3,600 $KNDX tokens.
Intermediate Boost Duration:
Example of a combination of Max Boosts – Kondux Founder Pass NFT, five kNFTs with 5% boost each, and a locking period of 180 days
If you stake 10,000 $KNDX tokens with a Founder’s NFT (10% boost), five kNFTs each with a 5% boost (25% boost), and 180-day lock in period (3% boost), your total boost would be 38%. The resulting APR for 180 days would be 17.01% ($KNDX) (25% * 180/365 * (1 + 0.38)), and your reward would be 1,701 $KNDX tokens.
Half Boost Duration:
Example of a combination of Max Boosts – Kondux Founder Pass NFT, five kNFTs with 5% boost each, and a locking period of 365 days, but un-stake early at 180 days
If you stake 10,000 $KNDX tokens with a Kondux Founder Pass NFT (10% boost), five kNFTs each with a 5% boost (25% boost), and a 365-day locking period (9% boost), your total boost would be 44%. The resulting APR for 365 days would be 36% ($KNDX) (25% * 365/365 * (1 + 0.44)).
Now let’s say you un-stake early at 180 days.
The resulting APY for 180 days would be 17.75% ($KNDX) (25% * 180/365 * (1 + 0.44)). However, since you un-stake earlier than the locking period, you will lose all the bonuses and be penalized.
The remaining locking period is 185 days (365 – 180). The penalty percentage is 10% * (185 / 365) = 5.06%. Since the minimum penalty is 1%, the penalty applied will be 5.06%.
The final APR after penalties for 180 days would be 12.69% ($KNDX) (17.75% – 5.06%), and your reward would be 1,269 $KNDX tokens.
*limit one pass per wallet
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