So along with the $STARS #Airdrop @StargazeZone is looking like it’s going to be a heavy hitter in the #Cosmos.
*Sips Coffee*
Well we are at it again #IBCgang!
Grab a coffee and dive into #Stargaze with this TLDR Thread,
1/x 🧵
Stargaze
$STARS
NFT Blockchain / Market
stargaze.zone
@StargazeZone
Stargaze is an NFT Blockchain / Market built in the #Cosmos ecosystem.
This is an independent Blockchain solely focused on NFTs which aims to be community owned.
2/x
Supply:
$STARS will start with an initial supply of 1 billion. An additional 1 billion STARS will be issued the first year.
Stargaze will be cutting inflation by ⅓ per year. This is inspired by the Osmosis “Thirdening” model.
There is a max $STARS supply of 4 Billion.
3/x
The airdrop allotted 25% of gen supply to the #Cosmos Community.
The $STARS Airdrop will have a 4 Month decay period.
Unclaimed airdrops will be sent to the community pool.
Check your airdrop here: stargaze.zone/airdrop
4/x
“45% of block rewards are set aside for NFT bidding and staking incentives. Token holders will be able to earn yield by bidding and staking on NFTs for certain periods of time.”
Source: tinyurl.com/2p95ttm4
5/x
Stargaze staking has an APR of 105% at the time of writing.
Source: tinyurl.com/2p9fn3tv
6/x
Fee Burn Mechanism:
- 50% is burned, making $STARS a deflationary asset
- 50% is sent to stakers and delegators
- 0% goes to the team
All fees and percentages can be changed by governance vote.
Source: tinyurl.com/48ma5mer
7/x
The original launch date was postponed, Genesis mint of @StargazeZone is scheduled at the time of writing for 3/11/2022.
8/x
So what’s the consensus?
We think $STARS will be a prominent chain in the #Cosmos, especially with the growing popularity of NFTs in general.
This is NFA so make sure to DYOR.
This is just a brief summary to help get you #Cosmonauts acquainted with Stargaze.
9/x
If you found this thread useful please share the first tweet and stop by TheCosmosCoffeehouse.com for more information on the #COSMOS! ☕️
$STARS $ATOM $OSMO $JUNO
You can also grab some $STARS Merch at our store,
Mugs, Shirts, Hoodies, Stop in and check it out!
…e-cosmos-coffeehouse.myspreadshop.com
STARS Mug: tinyurl.com/bdh6bhds
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