Platform Fee
WON Staking to Earn Platform Fees
TLDR: WON token stakers earn 100% of the trading fees on WonderfulDay.
WonderfulDay collects a basic sales fee of 2% (in WON) on all NFT sales excluding private sales.
All the BNB collected from these fees are consolidated in 24 hours and then distributed to WON stakers in a linear format per block over the next 24 hours.
How often can I claim my WON rewards?
Any time you want. There’s no limit on the number of times you can claim your rewards each day, but just be cautious of the gas fees you are paying to claim.
What happens if I forget to claim my WON rewards for today?
No need to worry. As long as your WON remain staked it will continue to accumulate even if you don’t claim every day. You can leave it until gas fees are low or you’ve accumulated enough to make it worth claiming.
Why don’t private sales count to volume calculations for fee sharing?
Unlike other marketplaces, WonderfulDay doesn’t take a fee on private sales, so the volume generated by private sales doesn’t contribute anything to the WON that’s earned by WON stakers.
Active and Passive Staking
The rewards for each day are calculated at the end of the previous period, then split between Active and Passive stakers before they're distributed.
The main difference between Active and Passive stakers is that WON in passive staking do NOT earn additional WON while staked.
Active stakers are the majority of stakers, whose staked WON tokens are fully unlocked.
Passive stakers are stakers whose WON tokens are locked for trading but unlocked for staking: namely Team, Treasury and Strategic sale tokens (which unlock over time).
At the start of each 24 hours period, a portion of the WON fees collected from the previous 24hours are sent to the Passive Staking address. The amount is calculated as:
Where
a = Total amount of WON staked passively at start of period
b = Total amount of WON staked at start of period (passive + active)
c = Amount of WON fees in 24 hours
The remaining WON is then sent to the Active Staking Pool.
How is WON fee sharing calculated for Active WON stakers?
Each user’s amount of staked WON at each block is then compared against the total amount of WON staked at each block, with this being done at every block within the 6,500 block period to find the total amount of WETH rewards received.
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