Royalty Token
All royalty tokens in the Liquid Royalty Protocol are 10% Royalty Tokens, which means for every $100 sales a shop made, $10 will be tokenized and distributed to royalty token holders via airdrop.
At each RTGE (Royalty Token Generation Event), it doesn't affect day-to-day operations of the merchants, but they are required to follow a Low float High FDV model with most of their tokens (74%) locked in a Performance-Linked Stake, and 10% of FDV are used to seed initial liquidity. Only if merchants hit their annual growth target (100%) a small portion of 10% is unlocked.
Royalty token holders are only eligible for airdrops if they are holding the token at the month-end snapshot.
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