Register Ownership (NFT)

Purpose

Why encourage "Register Ownership"?

• Tax Farming: similar DeFi concept to the liquidity mining or yield farming as you register your NFTs (among Nation, DN, and Art) and get Tax (in DENA) as a reward. https://smatoos.medium.com/tax-farm-increase-policy-84b187cabc78
• Founder Tax: 10% of sales of ownerships per round are compensated to the Ownership owners of the previous round. This reward is defined as the Founder Tax. https://smatoos.medium.com/founder-tax-policy-931d72ea1195

How to

Step 1. Go to the main page

• If you already have Ownership NFTs, click the 'Register' button
• If not, select the nation you want to own, click the 'Buy' button which will direct you to the DeNations Collection page at OpenSea

Step 2. Click the ‘Register’ button of the nation you want to see in detail

Step 3. Check the current summary of the selected nation

• Detail information about tax compensation, DGDP, owners, and the president is included

Step 4. Click the ‘Register My Ownerships’ or Scroll down

Step 5. Click the ‘+’ sign and check the weekly tax rewards in the summary

Step 6. Click ‘Register’ when satisfied & ‘Waiting for approval’ statement will be shown

Step 7. Check your ChainBridge application using a mobile phone

Step 8. Approve the DENA withdrawal

Step 9. Back to the page & Click ‘Confirm’