VAULT NAME

BAYC History -The Great Floor Sweep

BAYC History -The Great Floor Sweep

18 NFTS
Verified
Vault closed

Inside The Vault

Description

Own a part of BAYC history by getting exposure to the 8 BAYC Apes that were bought by Dingaling and sparked a massive run on May 30, 2021. This Vault includes 8 BAYC Apes PLUS the 8 respective BAKC doggos with matching serials, for a total of 16 NFTs.

Collectable Supply

0 %

= 0 SWEEP

Implied valuation

Ξ 1.0M

≈ $ 1.0M

Fractions

Curator fee

Proof of authenticity

Auction / Bidding

Buy Fractions

NFTs inside the vault

18

Unidentified contract
Verified NFT

M2 Mutant Serum

Unidentified contract
Verified NFT

M1 Mutant Serum

BAKC
Verified NFT

Bored Ape Kennel Club 5763

BAKC
Verified NFT

Bored Ape Kennel Club 4002

BAKC
Verified NFT

Bored Ape Kennel Club 6976

BAKC
Verified NFT

Bored Ape Kennel Club 7687

BAKC
Verified NFT

Bored Ape Kennel Club 8876

BAKC
Verified NFT

Bored Ape Kennel Club 1739

BAKC
Verified NFT

Bored Ape Kennel Club 1352

BAKC
Verified NFT

Bored Ape Kennel Club 9654

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 1739

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 1352

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 9654

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 8876

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 7687

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 6976

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 5763

Bored Ape Yacht Club
Verified NFT

Bored Ape Yacht Club 4002

Token Stats

1 ETH ≈ 177112.28684412755 SWEEP
1 SWEEP ≈ 0.000005646135668047 ETH

TVL

$7.4K

↓ 0%

Daily Volume

$0

↓ 0%

Tx Count

0

↓ 0%

Collecting activity tooltip icon

Frequently asked questions

Answers to the top questions asked by the fractional community.

Who is the custodian of a vault?

There are no custodians and vaults are fully decentralized, audited smart contracts.

What are the curator fees?

Curator fees are similar to an asset under management fee. Annually, a curator will earn a percentage of the total ownership token supply. These fees are set by the vault’s curator, but restricted by governance to prevent inordinately high fees.

What is the reserve price?

The price (in ETH) required to initiate an auction for a vault and its NFT(s).

What is a buyout?

A buyout can happen when there is an external party who deposited ETH that is greater than or equal to the reserve price. This will kick off an auction. At auction completion, the NFT will be withdrawn and fractional owners will be able to trade in their tokens for ETH.

How is the reserve price set?

The reserve price is set by the weighted average of all ownership token holder votes. If less than 50% of token holders have voted, a reserve price will not be set. Token holders cannot set a reserve price greater or less than 5x the current weighted average.

What is an auction?

An auction is a public sale of a vault and all its contents, which is triggered when someone deposits and offers an amount of ETH greater than or equal to the vault’s reserve price. The individual offering the highest price at the time the auction completes wins the buyout.

What happens to fractional owners after a successful auction and buyout?

Once completed, fractional owners are able to trade all their ownership tokens in for the ETH that was deposited by the auction winner on a pro rata basis. The ownership tokens that are traded in for the ETH are then burned by governance.

How do I learn the status of a vault?

The status of your vault is indicated by the tags (e.g., ‘Live Auction’) that can be found underneath the vault’s name.

What do the different vault tags mean?

A ‘normal’ tag indicates a vault exists and its ownership tokens have been minted. A ‘live auction’ tag indicates a vault is currently being bid on for its contents. A ‘closed’ tag indicates that a vault has been bought out.

What is the visual representation of the tokens/fractions?

Fractional ownership is represented through ERC20 or ERC1155 tokens. If your vault is using ERC1155 tokens, fractions will display in your wallet similar to other NFTs. If your vault is using ERC20 tokens, there is no accompanying visual representation.

Protocol Decentralization

Fractional plans to progressively decentralize the protocol to ensure long-term resilience & upgradability.

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