The Vault
The vault collects every royalty, holds the ETH, and lets you claim your share.
The split
Every royalty that arrives is split the same way.
| Share | |
|---|---|
| Holders | 90%, spread across every share in the collection |
| Project | 10% |
The royalty itself is 10% of the sale price, so a holder's cut works out at 9% of every sale, distributed by share.
Read the split off holderBps() on the vault.
How your slice is worked out
The vault uses an accumulator. Every time fees arrive, a single global counter moves up, and every turtle tracks how far it has already claimed. Your pending amount is the difference.
It costs the same to claim whether there are ten holders or ten thousand, and claiming twice in a row pays nothing the second time. It is the same pattern that settles rewards on most of DeFi.
Claiming
Any time, as often as you like, for any turtles you choose. No lockups and no window.
The vault checks you own the turtle at the moment you claim.
What happens when a turtle is in the arena
This is the part worth reading twice.
A turtle in the pit has its pending fees locked. You cannot withdraw them until it leaves, and they are part of what you are fighting over. Every defeat hands the whole balance to the winner.
The turtle itself is frozen too. It cannot be sold or transferred while a fight is open against it.
Stocks
If you pointed a turtle's fees at a stock, the vault buys it for you round by round and holds the position against that turtle until you withdraw it.
Anything you did not point stays in ETH, which is the default.
Your claim is yours
Whatever the vault owes you is accounted for before anything else can move. Every housekeeping function subtracts what is owed to holders first, and claiming checks that you own the turtle at the moment you call it. Read owedToHolders() on the vault and check the number yourself at any time.