nftfy
Search…
Claim Process
All the other holders will be properly remunerated
As soon as someone makes the Redeem of the NFT and the remaining Fractions are worth the maximum amount of the Exit Price, all the holders of these referred Fractions can Claim a proportional amount of that value stored in the Smart Contract's vault, according to their respective participation in the NFT. In the picture below, you can see that all the other users have the right to claim a proportional amount of the 900,000 DAI paid.
After the Redeem, all the other holders have the right to do the Claim.
In that way, this process allows these holders to profit by claiming their rights, and the process goes on until the last user claims the last rightful DAI.
Last modified 5mo ago
Copy link