✊How It Works?

Niggaverse is designed to be both fun and profitable for players, combining elements of staking, compounding, and royalty systems. Here's how the system works:

➜ Minting a Nigga

• To mint a Nigga, players must deposit a minimum of 1000 $RACKS into the system.

• Upon minting, a Nigga will be randomly assigned based on the following probabilities:

  • Broke-Ass-Nigga: 50% chance

  • Hood-Nigga: 25% chance

  • Fat-Nigga: 15% chance

  • Sheikh-Nigga: 10% chance

➜ Income Generation

Each Nigga generates daily income based on the initial deposit, calculated as a percentage of the deposit amount. The income generation varies by Nigga type:

• Broke-Ass-Nigga:

  • Daily Income: 3% of the deposit.

  • Royalties: Pays 5% royalty to Fat-Nigga and 10% royalty to Sheikh-Nigga.

• Hood-Nigga:

  • Daily Income: 5% of the deposit.

  • Exit Tax Collected: 3% from all players.

  • Royalties: Pays 5% royalty to Fat-Nigga and 10% royalty to Sheikh-Nigga.

• Fat-Nigga:

  • Daily Income: 8% of the deposit.

  • Royalties Collected: Receives 5% royalties from Broke-Ass-Nigga and Hood-Nigga.

  • Royalties: Pays 10% royalty to Sheikh-Nigga.

• Sheikh-Nigga:

  • Daily Income: 10% of the deposit.

  • Royalties Collected: Receives 10% royalties from Broke-Ass-Nigga, Hood-Nigga, and Fat-Nigga.

  • Royalties: No royalties paid to other Nigga types.

Royalties are the amounts paid from lower-ranked Niggas to higher-ranked Niggas.

Exit Tax is a 3% fee applied when claiming $RACKS.

• The exit tax is always paid to the Hood-Nigga.

• The Exit Tax is not applied if the funds are compounded.

➜ Compounding

• Players can choose to compound their daily income, reinvesting it to increase their Nigga's XP and rank.

• XP (Experience Points) is gained by compounding, and higher XP will lead to higher-ranked Niggas that could potentially generate more income.

Compounding does not incur any taxes—unlike claiming $RACKS, which triggers an exit tax.

➜ Fees and Taxes Summary Table

Fee Type	Amount	Paid To	Applies To
Exit Tax	3%	Hood-Nigga	When claiming $RACKS
Royalties (Broke-Ass-Nigga)	5% to Fat-Nigga, 10% to Sheikh-Nigga	Fat-Nigga, Sheikh-Nigga	Daily income from Broke-Ass-Nigga
Royalties (Hood-Nigga)	5% to Fat-Nigga, 10% to Sheikh-Nigga	Fat-Nigga, Sheikh-Nigga	Daily income from Hood-Nigga
Royalties (Fat-Nigga)	10% to Sheikh-Nigga	Sheikh-Nigga	Daily income from Fat-Nigga
Compounding	0% (no tax)	N/A	When reinvesting daily income
Buy/Sell Tax	3%	N/A	$RACKS token trades (buy/sell)