Teritori is an open and permissionless blockchain owned by TORI holders. All the revenues generated within the dApps will help sustain the TORI token.

Fees

On launch, there will be two types of fees: transaction fees and service fees. Service fees will notably be included in the NFT marketplace & launchpad but will also be included in other dApps to be released. In the long term, a significant part of the fees will be used and burned to support the value of the TORI token. Teritori governance may vote to add new types of fees or adjust the rates in the future to help the network.

Burning Mechanics (Destroying)

Teritori Core Team will be able to burn TORI tokens collected as service fees when needed to ensure the token model sustainability.

Staking Rewards

Stake your TORI, secure the network, and earn rewards.

For every block, 40% of tokens released will be in the form of new staking rewards issued to validators and delegators who help secure the chain. Validators and delegators are crucial to ensuring the security of the Teritori network. At genesis, there will be slots for 100 validators, selected by the highest amount of delegation.

Liquidity Provider Incentives. Incentivized partnerships.. OSMOSIS Liquidity Pool

Osmosis allows third parties to easily add incentive mechanisms to particular liquidity pools.

We want to reward long-term liquidity and the longer they stake their liquidity the higher their rewards the idea would be to allocate TORI tokens from the DAO community fund & from the Usage Incentive Pool.

Airdrop

Airdrop UI.png

Let's keep it simple.

70 million TORI tokens will be airdropped to 4 different groups:

ATOM holders

As we love them, as much as we love GNØLAND, we'll be using a snapshot taken at the same time as the GNØ snapshot on May 20, 2022 at 8:00 UTC.

Conditions:  stakers get 20% more airdrop than holders. Min: 20 / max 10,000 $ATOM

The R!ot NFT Holders

The R!ot is the first NFT collection to be launched on the Teritori network and naturally, the holders will be able to claim a portion of the airdrop tokens. As the collection will at some point be launched on other networks. The first holders of these new collections can also redeem their reward. A maximum of 3 different collection holders on 3 different networks will be rewarded.