Using a unique dual token mechanism, our Tate NFT auction enables disinflationary/deflationary tokenomics.
NFT holders will also be able to earn rewards for staking, to reward them for removing $TOPG from circulation.
How does the auction work?
Buy/Hold $TOPG
Swap $TOPG for $TATE
Head to the auction page here at TateCo.in (auction page will be live soon!)
Buy NFT with $TATE (876808150)… $TATE returned to TateCoin.algo…
$TOPG is removed from circulation:
Once all NFTs are sold, we will remove the TATE/TOPG liquidity. This means A – we can add the initial TOPG + a portion of the proceeds into the staking rewards pool; and B – we can rebalance the pool for future auctions.
Check out the collection so far at: TateCoin.algo or Algogems