💰POSSE Wallet Rules

NFT & Puppet Revenue Distribution

  • See POSSE Wallet Rules(below) for clarification on how funds are to be allocated and used.

  • 10-20% to Dev Wallet

  • 10-20% Project Wallet

  • <70% Founders Wallet

  • Discounts and profit shares of Posse Puppets come out of Founder profits

POSSE Wallet Rules

  • Dev Wallet rLyh26kFYvRfLPP9fMhapBUsqiABB2Uz2i

    • Manages the Projects LP Pool Holdings

    • Manages Giveaways

    • Manages the Rewards Wallet Supply

    • Acceptable Uses of Funds:

      • Rewards Wallet Supply

      • Giveaways

      • Community supported endeavors

    • The Dev can only pull from the LP with community support and for non personal, project related reasons.

      • This action must be clearly communicated and discussed before pursuing.

  • Project Wallet rUwCfrtHhZbf2ccqmL9x7jLDNdf3yZGZ1L

    • Gather and Distributes Funds From NFT and Puppet Sales

      • 10-20% of sales stays with the Project Wallet

      • 10-20% of sales to Dev wallet depending on the Project budget needs

      • 70% of sales to founders wallet

        • If the Project budget is short it will withhold some to all of a deposit to the Dev and Founders Wallets.

        • If the Project budget has excess it will be split.

          • 70% to Founders wallet

          • 30% to Dev Wallet

        • Distribute Puppet NFT holder royalties from the Founders cut.

    • Project wallet sales XRP to cover overhead & development

      • Must communicate with the community intentions and needs

        • Must Provide Community with Receipts for all XRP sales and purchases with profit from XRP sales

          • Acceptable Uses of XRP:

            • Raw Materials

            • Tools and Maintenance

            • Shipping

            • Taxes

            • Computing Resources

            • Advertising

            • Accounting

            • Legal

            • Banking

  • LP Rewards Program Wallet rfekMXMTztLWsFfvWEDSbYDyGxPDqSEG27

    • Used for POSSE Rewards distribution

  • Partner Wallet r35P3d6fnjMt6nGpqGj5mm36xxoUBoDr55

    • Used for Partner Pools

    • Cross Chain Pool Wallets

      • EVM Wallet r47Wn5TzqxskgQVaQSKdaAN8fRaXE9visB

        • Used for wrapping and pool creation EVM chains

        • Cardano Wallet r9r1LDqvCqq4bWwpszoRdXqjkgmT6YRZbc

          • Used for wrapping and staking on Cardano

        • IBC Wallet r3Cu8eV3DDhmHkGHjYNpa5V9XPqkcjo1ax

          • Used for wrapping and pool creation on IBC compatible chains

  • Founders Wallet rEnDMYEaMZgmK3auGdwtUt6f9PvxTWVHsC

    • Partial XRP profits from NFT Sales and Re-sales

    • $POSSE holdings are bought from the market and not to exceed 3% of $POSSE supply

    • $POSSE is sold in small amounts as needed by the founders

    • Founders Wallet can contribute to the LP but not participate in giveaways.

    • XRP is sold or moved as pleased by the founders.

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