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The Oracles

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The Oracles

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Last Updated

May 31, 2022, 20:46 UTC

Created On

May 31, 2022, 20:46 UTC

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Overview

Mint Phase

Utility

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Overview

The Oracles is a collection of 22,222 unique NFTs on the Songbird Network that bring utility to holders through Oracle Swap. The Oracles collection took approximately a week to sell out bringing it to become one of the top NFT collections on the Songbird Network.

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Mint Phase

Minting of The Oracles went live on May 5th, 2022. Each Oracle cost 1111 $SGB to mint.

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Utility

Holders of The Oracles NFT collection get access to the $ORACLE token airdrop as well as staking benefits on the Oracle Swap DEX.

Every Oracle NFT obligates its holder to receive a unique amount of $ORACLE tokens. The amount of received tokens is based off of a multiplier value that is calculated by the traits of each NFT. The total $ORACLE airdrop amount across all 22,222 NFTs is 388,160,218 tokens. The maximum token amount that a single Oracle NFT could have a chance of being allocated was 302,400 with the lowest being 3,200. The average token allocation per Oracle NFT was 17,467. [1]

Oracle NFTs also have the ability to be staked in Oracle Swap. Staking the NFT gives the holder the ability to earn a portion of all transaction fees that flow through the DEX. [2]

 

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References

[1]

The Oracles Multipliers

2022-05-27T00:00:00.000Z

[2]

The Oracles NFT Staking

2022-05-27T00:00:00.000Z

Timeline

Mar 10, 2022

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TLDR

The Oracles is a collection of 22,222 unique NFTs on the Songbir...

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