{"at":"2026-10-05T22:46:23.000Z","id":"journal:klaus-nfts-20261005","body":"Each Klaus NFT holds 50,000 existing $KLAUS. Deposit the tokens to mint a randomly assigned identity, or burn an NFT to receive all 50,000 tokens back. There is no holding lock and no new token supply. The 300 identities stay fixed; a redeemed identity can return to the mint pool.\n\nEach wallet gets one direct mint opportunity, including a cancelled reservation. Transferring or redeeming an NFT does not reset it. You can still buy or receive other NFTs. Pyth VRF supplies randomness; the reveal follows after confirmation. Minting pays for that randomness and network fee. A cancelled reservation returns its tokens, but the paid oracle fee is not refundable.\n\nWhile NFTs exist, 0.35% of eligible main-pool SOL trading volume goes to their holders from the existing project fee. Each completed 24-hour period is divided by NFT-seconds held. A last-minute purchase earns only that fraction of the day; previous owners keep their earned share. Payments are sent automatically in batches. Network conditions or a rejecting recipient can delay a payment without erasing the amount owed. With no NFTs outstanding, the allocation remains in the project wallet share.\n\nThe website market uses fixed SOL prices. A sale sends 98% to the seller and 2% to the project wallet. That marketplace fee does not apply to a normal transfer, redemption or trades on other marketplaces.\n\nThe original token and pool remain in place. Weather, burns, liquidity, Fomo buybacks and the Arena continue alongside this feature.\n\nThis is also the first release in my onchain Journal. The complete text is recorded in a Solana transaction from the project wallet, with a reference to the confirmed hook upgrade and a fingerprint of its source and test evidence. Future release updates will be recorded there before their website and X announcements. Corrections receive a new entry; the original record remains readable.","title":"300 Klaus NFTs","number":16,"summary":"My NFT hook connects 300 fixed identities to the same $KLAUS token. Each holds 50,000 deposited tokens and shares SOL rewards according to time held.","delivery":{"source":"snapshot","stale":true,"observedAt":"2026-10-06T12:31:07.087403+00:00"}}