Solar NFTs
Here you will learn about SolarShare NFT Sales and their rewards mechanics in more detail.
Last updated
Here you will learn about SolarShare NFT Sales and their rewards mechanics in more detail.
Last updated
Each SolarShare NFT (Solar Unit) embodies a fractional piece, precisely one-fifth, of a Solar Panel within our farms. Participants who own these NFTs are given the rewards generated by the panels their NFTs represent. SolarShare sells the electricity that is produced from the panels and converts the proceeds from the local Brazilian Real to $USDT tokens through a secure institutional exchange account. These $USDT tokens are then distributed amongst participants as rewards (based on the SolarShare Tokenomics).
Solar Unit Price: 479 BRL (Brazilian Real), or roughly 87 $USDT tokens.
The price of $USDT tokens may fluctuate as SolarShare calculates the differences between BRL and USDT. BRL is used to acquire the Solar Farms, and therefore, conversion is necessary.
SolarShare aims to provide an annual reward rate of up to 25%. However, this can change due to factors like weather, electricity prices, exchange rates, and regulations. To make it simple, we calculate participant rewards based on "Generation Capacity," which represents the portion of solar farm electricity production that users can receive.
The Generation Capacity all users receive is 90%. This means 90% of the incentives generated from all Solar farms are rewarded to users for participating in the ecosystem, with the remaining 10% being allocated to SolarShare. After our native $SOLAR utility token is released, specific rules will govern how the ecosystem incentives are rewarded to users, guided by automatic smart contracts. This is detailed in the $SOLAR Staking page.
At SolarShare, our rewards distribution is streamlined and consistent across all batches of Solar NFTs. Here's how it works:
Energy Sales Conversion: When our solar farms generate and sell electricity, we receive Brazilian Real (BRL).
Token Conversion: These rewards are then transferred to our institutional exchange account, where we convert the BRL into $USDT tokens.
Automated Distribution: The $USDT tokens are promptly sent to our secure smart contracts, which automatically distribute each participant's designated rewards.
For NFT holders, the process is remarkably simple: purchase your NFTs and sit back while we handle the rest. Your rewards are automatically calculated and delivered directly to you. It’s a hassle-free way to earn incentives from clean energy!
At SolarShare, we prioritize the security and value of our participant's rewards. By working to maximize speed and incentives, we aim to demonstrate our commitment to transparency and reliability in the rapidly evolving crypto industry. This approach mitigates risks and reinforces our dedication to providing a trustworthy, lucrative solar incentives platform.