System parameters

Launch values for Neda fees, revenue splits, calls, membership, seats, zk9 (Neda NFT) sales, the $NEDA token and weekly tournaments.

Fees and splits

Revenue shares
ParameterValue
Neda trading feeSubject to change. Neda also keeps any positive slippage, the gain when a trade fills better than its quote.0.3% of each trade
Trading fee through an eligible call50% team · 30% neda owner · 20% call author
Trading fee without an eligible call70% team · 30% neda owner
Trader in several nedasThe total owner share stays 30%.Owner share divided evenly among those nedas' owners
Owner and author payoutsWeekly, in $NEDA
Paid neda entryCharged when membership starts, after approval. Requests cost nothing. The 30% goes to the zero address, which nobody controls.70% to owner · 30% out of circulation
Launch pool LP fees, $NEDA sideSent to the zero address, which nobody controls.100% out of circulation
Launch pool LP fees, BNB side100% to the team treasury

Calls and membership

Call and membership limits
ParameterValue
Calls per day3 across public and private feeds
Call reward deadlineBuy settles within 24 hours of the call
Buy-through-call windowBuy settles within 30 minutes of choosing to buy through the call
Buying through your own callNo author reward
Nedas per person10 maximum, including nedas you own

Seats

zk9 NFTs and neda seats
ParameterValue
zk9 NFTs needed to start a neda1
Seats per attached zk925, including the owner
Seats per neda250 maximum
zk9 NFTs needed to joinNone

Genesis mint

Genesis mint
ParameterValue
Genesis supply1,000 zk9 NFTs
WhitelistSelected by the team
Whitelist price0.1 BNB
Whitelist mint limit1 per eligible wallet
Public mint limit1 per transaction · 3 per wallet across both phases
Public Dutch auction opening price1.25 BNB
Public Dutch auction floor0.1 BNB
Genesis BNB proceeds100% seeds $NEDA liquidity

Daily auction

Daily zk9 auction
ParameterValue
Supply after genesis1 new zk9 per day
Auction length24 hours
Payment$NEDA
Advance bidsPublic, held in escrow, cannot be cancelled
Winning paymentReplaced and unfilled bids are refunded.100% to the dead address, out of circulation

$NEDA token

$NEDA supply
ParameterValue
Total supplyMinted once at launch. The token has no mint function, so supply can never grow.1B $NEDA, fixed
Launch liquidity100 million $NEDA
Reserve for distributionsWeekly tournament pots are the main way it is distributed.900 million $NEDA
Team allocationNone
Token saleNone
$NEDA/$BNB swap fee at launch90% on buys and sells until the team starts the fee decay
Fee decayThe team can start the decay once. It cannot restart or reshape it.Halves about every 4 minutes; reaches the floor within 1 hour
Swap fee floorThe team can set each floor from 0% to 5% at any time.2% on buys · 3% on sells

Weekly tournament

Weekly tournaments
ParameterValue
Tournament period1 week
RankingBy profit and loss (PnL): 70% realized · 30% unrealized
Prize potThe cap amount is not yet published. Tournaments are the main way the $NEDA reserve is distributed.Paid in $NEDA to the top nedas, up to a weekly cap
Winning neda's awardSplit equally among eligible members
Public leaderboardRankings verified by zero-knowledge proofs; exact amounts redacted