We have paid the September NFT Dividends

For the third time, we have paid quarterly dividends to holders of CTPSB NFT's. It was the first time that also collector NFT holders were rewarded in addition to the weekly dividends that they get.

After the last dividend payments, a lot of dividends were not claimed and they contributed to fill the pot for this payment. There was a total of 8 CTPSB that was available for distribution. This is worth around 26 Hive.
People had 11 days to submit their claim until today 10:00 CET. For about 40% of the NFT's in existence the dividends were claimed. This means that 60% of the prize pot, or 4.8 CTPSB will go back to it and will be distributed at the end of December 2024.

The dividend distribution of today

The dividends have been paid out today over hive-engine.

How does the pot fill up?

The account @ctpsb.ctp has a certain amount of Hive Power and it is delegating it out to @liotes.voter. This generates a daily income in LEN tokens. These LEN tokens are used to purchase CTPSB tokens. A certain percentage of this income is used to pay weekly dividends to the holders of collector NFT's. At the moment, there are two such NFT's in circulation and this means that 20% of the income are used for weekly dividends. The remaining 80% are collected and paid out once every quarter to all the NFT holders.

To make this pot grow faster, we will set it as 50% beneficiary for this post.

Learn more about the CTP Swarm Booster:

• The CTPSB Website
• The CTPSB NFT's Website
• The market on Hive-Engine