A daily round is an accounting window
The working cutoff is 00:00 UTC each day. At that cutoff, the round records which Hunters are eligible and which basket each uses. A newly minted Hunter joins at the next cutoff.
The cutoff defines the group. It is not a promise that a deposit arrives at midnight, or that every day produces income.
From income to backing
- Reconcile the income actually available to distribute.
- Set aside the approved 50% NFT-backing budget.
- Allocate that budget using the round’s frozen rarity and NFT-credited HUNTER weights.
- Combine those budgets by basket type and acquire basket shares.
- Deposit the actual received shares and allocate them within each basket group.
Initial acquisition and funding are manual. On-chain allocation is intended to attach funded shares to the right NFTs without requiring each owner to collect a daily wallet payment.
Weighted allocation
The deployed allocation is 70% rarity weight and 30% HUNTER credited to eligible NFTs. Rarity weights are Common 100, Uncommon 110, Rare 125 and Legendary 150. The HUNTER portion uses each eligible NFT’s credited amount, not its owner’s loose balance or Mining Power assignment.
When the eligible NFT-credited HUNTER total is zero, the whole allocation uses rarity weights. Round weights are fixed at the cutoff; later changes do not rewrite earlier rounds. Actual token delivery depends on funding, acquisition costs and contract rounding.
These weights allocate the NFT-backing budget. They are separate from the project’s 50/25/15/10 income policy and from the mining multiplier.
Delayed funding keeps the original group
A deposit made late still belongs to the round’s original eligible Hunters. It must not use the NFT count on the later deposit day. New mints cannot collect a share of older rounds.
The account view must separate:
- Funded backing: actual assets already allocated to the NFT.
- Unfinished rounds: earlier eligibility that has not yet received an allocation.
- Loan collateral: assets already pledged outside the local backing vault.
Unfunded rounds are not spendable balances or guaranteed future payments.
What happens when an NFT changes hands?
On a sale, the NFT’s attached backing and unfinished rights go to the new owner. The seller does not keep a separate claim.
On a burn, the recorded final owner keeps unfinished rights from eligible pre-burn rounds. Those claims pay only if funding arrives, and only once. The destroyed NFT receives no later rounds.
A pending basket switch pauses that Hunter’s new eligibility, while preserving earlier rights.
During a loan
For a basket-token loan, new backing stays locally locked to the NFT. The owner can explicitly add some to the loan. Until that transfer confirms, it does not improve the loan’s collateral health.
For a whole-NFT loan, all attached backing and rights belong to the pledged object. Default transfers that object to the lender.
A Hunter that survives basket-collateral liquidation keeps its normal future eligibility. Lost collateral is not replaced and it gets no extra share.