Why should you buy CION CLUB NFT?
CANTOBOT NFTs - Also called the CION CLUB
CANTOBOT NFT is a brilliant investment opportunity, especially for CION.FI pioneers. The key to earning with CION CITIZENSHIP NFT is simple: the earlier you buy, the cheaper the NFT, and the higher the protocol rewards you receive.
The team has built a treasury from the ground up that is decentralised and controlled by the community to create transparency and benefits for all investors.
To better understand the Treasury, knowing where it comes from is crucial.
Selling CANTOBOT NFT: All revenue generated from the sale of CANTOBOT NFT (minting) goes to seed the liquidity, and the rest will go to the Treasury (see Treasury page) to be invested in CLP to earn fees from the platform.
Accumulated profits from esCION and CANTO rewards: a portion of CLP revenues will be reinvested in the Treasury to compound and generate more revenue for NFT holders.
Key benefits of buying CION CITIZEN NFT:
Earn rewards in CANTO from Protocol’s collected fees (Check the rewards mechanism of CION.FI here).
Earn bonus esCION to stake and earn more rewards (esCION, CANTO, MPs) or vesting to earn CION, just like buying CION IDO.
The longer time you stake, the higher value of the treasury, and the higher rewards redistributed.
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As shown in the diagram above, CION Club holders who stake their NFT receive 80% of the Treasury’s CANTO rewards, while the remaining 20% is immediately added to the Treasury. The other rewards (in esCION) are also accumulated in the Treasury. This return is constantly compounded into the pool and, therefore, can generate even higher returns in the future. These returns are deposited in a distribution contract that CION Club holders can take advantage of.
With this compounding mechanism, the more sustainable the CION Club Treasury is, the more rewards CION Citizens will receive in the long run.
Besides, CION CITIZENs will be rewarded esCION which plays an equivalent function as CION token in terms of generating CION, esCION, and Multiplier Points, or is converted to CION tokens (vesting in 1 year).
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