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...