NUNA Reimbursement System

3 min readJul 11, 2022

With the NUNA reimbursement Nuna aims to give recognition both to the artists and collectors holding NUNA and buying/selling NFTs in Stellar Network. For this reason we took the decision to make a new and more dynamic reward system to give recognition to our holders.

→ How to participate?

- ARTISTS: if you are an artist you need to fill out the “Artist presentation” form to join and become a resident artist of the NUNA artistic residence StellarArtFound. → Every time you sell an NFT in NUNA Token, send us the link of the transaction and you will receive 8% of the price of the NFT you sold. (Forms: https://discord.gg/CWvNUtcfge)
- COLLECTORS: if you are a collector you need to fill out the “Collectors presentation” form and join as a collector! → When you buy NFTs created by one of our StellarArtFound resident artists, you will receive 8% of the purchase in NUNA. (Forms: https://discord.gg/CWvNUtcfge)

→ How does it work?

Starting from 16 of July, once a month a secret snapshot will be taken from all accounts, in order to determine percentages and total payouts. The total amount of NUNA held by artists and collectors determine the max paid out reimbursements (3%, 5% or 10% of NUNA holdings).

There are 3 tier levels that determine the max % of the reimbursements.

Tier 1: holders 100k + NUNA, eligible for 3 % reimbursement.

Example A: Account “X” holds 100.000 NUNA on snapshot date, it is eligible for 3% with a total of max. 3.000 NUNA reimbursement for the month. The account owner bought/sold a NFT for 100.000 NUNA and thus would receive up to 3.000 NUNA. As the maximum reimbursement is set at 3.000 NUNA, (3% of NUNA held in account at snapshot) 3.000 NUNA would get transferred to the account.

Example B: Account “X1” holds 750.000 NUNA on snapshot date, it is eligible for 3% with a total of max. 22.500 NUNA reimbursement for the month. The account owner bought/sold a NFT for 150.000 NUNA and thus would receive up to 4.500 NUNA. As the maximum reimbursement is set at 22.500 NUNA (3% of NUNA held in account at snapshot) the full 4.500 NUNA would get transferred to the account.

Tier 2: holders 2 million+ NUNA, eligible for 5% reimbursement.

Example A: Account “Y” holds 2 million NUNA on snapshot date, it is eligible for 5% with a total of max. 100.000 NUNA total reimbursements for the month. The account owner bought/sold several NFTs for a combined value of 500.000 NUNA and thus would receive 25.000 NUNA.

Example B: Account “Y1” holds 3 million NUNA on snapshot date, it is eligible for 5% with a total of max. 300.000 NUNA total reimbursements for the month. The account owner bought/sold several NFTs for a combined value of 1 million NUNA and thus would receive 50.000 NUNA.

Tier3: holders 6 million+ NUNA, eligible for 10% reimbursement.

Example: Account “Z” holds 6 million NUNA on snapshot date, it is eligible for 10% with a total of max. 600.000 NUNA total reimbursements for the month. The account owner bought/sold several NFTs for a combined value of 1 million NUNA and thus would receive 100.000 NUNA.

For each purchase collectors need to send on Secondary Market discord channel (https://discord.gg/TfmXSwBa9M):