➡️Ta-da Bondz (T-Bondz)
Daily $TADA Rewards Distribution Overview
Each day, $TADA rewards are allocated to users based on the XP they earn by completing tasks within the app. Rewards are not guaranteed for all users, and the amounts distributed depend on multiple factors such as activity level and ecosystem contributions.
Rewards are issued in the form of Ta-da Bondz (T-Bondz), which are represented as on-chain Non-Fungible Tokens (NFTs). Each T-Bondz grants its holder the right to claim a specific amount of $TADA.
Vesting and Accrual:
The $TADA associated with a T-Bondz accrues monthly, following a predefined vesting curve.
This ensures rewards are distributed over time, aligning with long-term ecosystem goals.
Redeeming T-Bondz:
To claim the $TADA rewards linked to a T-Bondz, the holder must redeem the bond.
Upon redemption, the claimable portion of $TADA is transferred directly to the wallet holding the T-Bondz at the time of redemption.
Any unvested rewards at the time of redemption are recycled into the next Prize Pool, ensuring the sustainability of the rewards system.
Flexibility and Transferability:
T-Bondz can be redeemed directly through the app.
Alternatively, they can be withdrawn and transferred or sold to other users.
The new holder of the T-Bondz assumes all associated claim rights, making T-Bondz a tradeable asset within the ecosystem.
This system ensures a balanced and flexible rewards mechanism, allowing users to participate in a manner that aligns with their individual preferences while supporting the long-term growth of the Ta-da platform. Tada Bondz Parameters
Nominal value
Amount of $TADA claimable at issuance
12.5
Duration
Vesting duration in months, with monthly unlocks
18
Vesting curve
Curve power coefficient “n”
2
Terminal Value
Maximum amount of $TADA claimable
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