The Super Validator
NFT raise
All of the funds from the Nft auctions and generative mint (except what is used to pay the artists) are going to be channelled into either our validator, or yield bearing strategies. The main goal is to get the validator as profitable as possible so we can start spinning off yield into our charity endeavors or reinvesting in other strategies.
We will also be partnering with individuals or communities, in exchange for staking on our validator we can give allowlist spots to our generative mint.
NFT rev share
The validator will be partially owned by the community. If you own a Super NFT you will have the opportunity to be exposed to the profits of our validator through staking for sol. Our profit share is very much inspired by the cogent cogs project which is a long running, very successful validator and nft project. We hope to have a similar success with our NFT's
Profit projections
Our baseline goal for how much delegated sol we can gather is 50k. You can see the current profit calculation for that sort of raise below (as of April 2, 2024). We plan to achieve this through our allowlist partnerships, cooperation with stake pools, solana foundation grants, utilization of mnde and blze guages, as well as generosity of the community,
We also hope to achieve at least 1k self stake. This is done purely through the nft sales, both the auctions and the generative mint. Here is the income calc from self stake.
Projected income if things go well from the validator is around 60k per year currently.
20% will be given to charity, so approximately 12k per year will be given.
30% will be given to nft holders, so approximately 18k per year will be distributed. This equates to about 36$ usd per nft. This justifies a mint price of around 2 sol.
Both of these calculations are more conservative. There is hope the raise is larger, solana price and activity continue to increase, and that delegated stake amount is larger as well.