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Minting Fee Reflections
20% Minting Fee Reflections
20% of each minting fee is reflected to all existing NFT holders. This reflection is valid even for the current minter’s own fee.
Reflection rewards can be claimed anytime on the project website. Claimed rewards are instantly transferred into the connected wallet as $AVAX. Rewards are bound to NFT token IDs. If you send the vampire to another wallet, rewards will be transferred as well. The earlier a vampire is minted, the more$AVAX reflections will be earned for each according to the modal. As the number of vampires minted increases, the amount of $AVAX reflected per vampire will decrease. Buying bundles to receive free vampires may be a hedge mechanism to maximize your$AVAX rewards and reduce your minting cost.
Calculation of total possible reflection rewards is tricky since free vampires from bundles don’t reflect \$AVAX rewards. Closest estimation might be Sum of Harmonic Series with the following formula:
$f(x) = \left(\sum_{n=x}^{7000}\frac{0.3}{n}\right)\ \cdot k$
x: Number you mint at (eg. at vampire no: 811)
k: Amount of vampires you have
The formula above can easily be integrated on Wolfram Alpha (https://www.wolframalpha.com/) by copying the following equation:
(Sum[Divide[0.3,n],{n,x,7000}])* y
If you participated in the early minting period, you can calculate the possible reflection amounts with following formula:
$f(x) = \left(\sum_{n=811}^{7000}\frac{0.3}{n}\ +\sum_{n=x}^{810}\frac{0.2}{n}\ \right)\ \cdot k$
The formula above can easily be integrated on Wolfram Alpha (https://www.wolframalpha.com/) by copying the following equation:
(Sum[Divide[0.3,n],{n,x,7000}])* y
Please, note that the above formula provides a rough estimate and actual reflection amounts might differ slightly.