# Mint - Raffle

The Mint will commence on a date to be announced.

**NFT Supply:** 2,500

**Raffle Cost:** 0.01 (NON-REFUNDABLE)

**Allocation of Mint Funds:** 100% of the funds from the mint will be allocated to the liquidity pool, with a hard cap of 100 SOL.

### **Trade Window**

NFTs will be tradeable for 5 days starting from the moment the raffle concludes. During this period, participants can:

* Purchase an NFT to receive an allocation.
* Accumulate more NFTs to increase their percentage of allocation in the [vesting contract](https://quant-2.gitbook.io/quant/vesting-contract).
* Sell their allocation, thus regaining liquidity.

### **Royalties**

NFTs will have a 10% royalty fee. 100% of the royalties received will be allocated to the LP, with a combined hard cap of 100 SOL from both the mint and royaltie\*. Five days following the trading period, a snapshot will be taken, and a vesting contract will be established using [Streamflow](https://app.streamflow.finance/?utm_source=medium.com\&utm_medium=refferal\&utm_campaign=create_payroll_streams_app_link).

\*Any funds raised over 100 SOL will be allocated to a Marketing Wallet.

### **FAQ**

* There is no limit to the number of NFTs one can hold.
* We are utilizing a raffle system to ensure fair allocation without bias from team members, and to prevent bots from minting a large percentage of the supply.
* The NFTs have no intrinsic value outside of the allocation from the vesting contract, and trading them is based purely on speculation.
