Revenue Sharing
GRAB holders staking their GRAB in the GRAB vault will receive a share of auction fee revenue from the Grabbit protocol.
Grabbit is a community centric NFT marketplace with on-chain auctions built on the Cardano blockchain. Supporting a Community Accelerator Program and Cause-Driven Charities make it the ideal platform for creators, collectors, and communities alike.
The Price Discovery Event is designed to facilitate a fair distribution of the GRAB token. In the Discovery Phase, participants supply ADA. At the end of the Discovery Phase, participants receive GRAB proportional to how much ADA they supplied against the total amount of supplied ADA.
GRAB holders staking their GRAB in the GRAB vault will receive a share of auction fee revenue from the Grabbit protocol.
Our snapshot governance mechanism gives your GRAB voting power in the Grabbit DAO.
GRAB token-holders will get early access to experimental features released in each Grabbit Season.
There is a fixed supply of 3,000,000,000 GRAB. This capped supply acts as a control against token inflation.
Users can spend GRAB to mint and evolve NFTs from certain collections that launch on the platform.
In the future, users will be able to spend GRAB to promote their auction listings on Grabbit.