5,000 · 100 CRO each · on Cronos

Every Crojak is backed.

Same guy, five thousand bad decisions. The mint goes into a treasury that keeps buying CROJAK for a pot, and every NFT is a claim on its share.

Crojak NFT example #12 Crojak NFT example #47 Crojak NFT example #120 Crojak NFT example #168 Crojak NFT example #203 Crojak NFT example #512 Crojak NFT example #781 Crojak NFT example #903

Examples from the generator. Over 150 traits, every one drawn on the same Crojak.

Backed per NFT

What stands behind one Crojak.

Everything the treasury holds, divided by the Crojaks that still exist. The pot is read live off the chain; the rest is updated at every monthly claim.

Backed per NFT
—
Burn value
—
CROJAK pot
—
Rest of treasury
—
Crojaks left
—
Burned
—

Goes live with the mint. Until then the pot holds the 4% of CROJAK supply the dev puts in before the first NFT is sold.

Where the mint goes

100 CRO in, split three ways.

  • 60% PACKBought at mint and staked in the PACK vault. The rewards are claimed every month.
  • 30% reserveKept in CRO and spent on CROJAK on the open market, for the pot.
  • 10% devTo the dev wallet.

How the pot fills

It only goes one way while nobody burns.

PACK rewards

75% buys CROJAK for the pot. 25% grows the treasury's other investments, whose rewards come back to the pot too.

Royalties

10% on every resale, and all of it buys CROJAK for the pot.

Day one

The dev puts 4% of CROJAK supply in the pot before the mint, so it is never empty.

Burn to claim

Burning one makes the others worth more.

Burn a Crojak and you take its share of the pot: the pot divided by the Crojaks left. The PACK stake, the reserve and the other investments stay behind and get split over fewer NFTs. Drag to see it with example numbers.

Example: 5,000 minted, a $10,000 pot and $30,000 in the rest of the treasury.

  • Each burn pays
  • Crojaks left
  • Backed per NFT

Then and now

Same Crojak. Redrawn.

The old drawing of a Crojak next to the new one