Royalty Pool: Harvest & Withdraw
AdValorem Market allows users to create custom Royalty Distributions: Royalty Pool and Yield Harvest.
AdValorem Market runs 4 smart contracts.
AdValorem Marketplace Royalty Pool
Benefits of the Royalty Pool are passed to Creator, Buyers/Sellers and AdValorem Market.
This incentive structure enhances community effect for each creator and helps them expand using pooled rewards.
If a creator values their community, they will allocate more to the royalty pool to help buyers and sellers generate more incentives from their resales.
Royalty Pool is a simple tool in the Royalty Pool section of the profile.
Royalty Pool Displays 4 Items:
APR: Currently at 20%
Unlock Time: When their tokens will be available for withdrawal.
Royalty Amount: User designated royalty pool.
Pending Reward Amount: Ongoing amount of VLR the user is gaining.
User has 2 options:
Harvest: Calls for the pending reward amount from the royalty pool contract to be removed.
Withdraw: Calls for the pending reward amount from the royalty pool contract to be withdrawn.
{User can harvest the pending reward at anytime, but cannot withdraw “Royalty Amount” until expiration date}.
Important: AdValorem Marketplace allocates a 20% APR to it’s locked VLR. APR amount may change with or without notice. The APR comes from our VLR token reserves.
