Avax Lions most unique NFT collection coming to Avalanche

Generative art shouldn’t be poor.

AvaxLions is proof that generative NFTs can be good looking and artistic. There have been many NFTs launched on every ecosystem out there and AvaxLions will stand out amongst the sea of NFTs available. Not only that but they will have utility too and they are made by a team that you trust!

Double Royalty Rewards and $LYD Utility

If you are reading this blog post you are probably familiar with NFT royalties, which is a reward given to NFT minters and holders. They are adding a new dimension to this reward system and introducing double NFT royalty rewards!

Tokenomics

Minters will get additional $LYD rewards along with 10% AVAX minting rewards in return for minting. The rewards don’t stop when minting is complete! In the coming AvaxLions marketplace original minters of NFTs earn 1% royalties each time their NFT is resold. Early minters always get more royalty rewards. So it’s important to be quick once minting time comes!

Holders also get double royalty rewards! Once a NFT is sold on the AvaxLions marketplace, an amount of $LYD will be bought from the market with 1% of the sale price and reflected to holders along with 2% AVAX royalty rewards.

Mint and hold AvaxLions to enjoy your double rewards!

Marketplace

AvaxLions marketplace will be activated once minting is done. Everytime a Lion is sold on the marketplace;

%95 of trade amount will be sent to seller of the Lion.

The reamining 5% will be distributed as:

%1 to the original minter of the Lion.
%2 is reflected to Lion holders as a royalty reward.
%1 is used to buy $LYD from market and reflect to Lion holders as a second royalty reward.
%1 goes to the dev treasury.

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About Avax Lions

An upcoming Avalanche NFT collection, 10.000 pieces unique lions! Created by Lydia Finance

SOURCE

https://medium.com/@avaxlions/avaxlions-c5849e35489b