🤑Reflection

How reflection on minting work

How Reflection on Minting Works:

The reflection system stipulates that 10% of the minting price is redistributed equally to all previously minted Poopz holder. This is done to incentivize project start-up and to make up for transaction costs.

Example:

  • Bob mints Poopz #1

  • Alice mints Poopz #2

  • Elda mints Poopz #3

Result:

Bob receives 10% of Alice's minting cost through reflection, while both Bob and Alice receive equally 10% of Elda's minting cost.

Example with Poopz price of 1 AVAX:

  • Bob receives 0.15 AVAX of reflection

  • Alice receives 0.05 AVAX of reflection

  • Elda does not receive AVAX as she is the last to mint.

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