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For the complete documentation index, see llms.txt. This page is also available as Markdown.

Utility

How does the NFT work?

  • Utility

    Messier Objects is a collection of only 110 utility NFTs, one for each object in Charles Messier's catalogue. Each Object carries permanently staked tokens and unlocks benefits across the whole Messier ecosystem.

    What every Messier Object unlocks

    Utility
    What it means

    Additional staking rewards

    A share of the 12.13% distribution (Pool 1, MTT) plus the exclusive 0.87% distribution (Pool 2, MOTT) after every successful DAO investment. The MOTT pool is shared by only 110 holders.

    Exclusive Supernova rewards

    A dedicated 0.87% share of both Supernova distributions (alt tokens and ETH).

    Permanent Dark Listed status

    Objects are always staked, so they never lose Dark Listed status, even when wallet status resets after a Supernova.

    Discounts on AI GPU Node rentals

    Reduced costs on Messier GPU Nodes.

    0% platform fees on the P2P Exchange

    Messier Object owners are exempt from the 1% platform fee on the P2P Exchange.

    How it works

    • When a Messier Object was first auctioned, a smart contract exchanged the winning M87 bid for equal amounts of two staking token types.

    • The original M87 was sent to the burn address, permanently removing it from circulation. The auction burned about 11.5% of the total M87 supply (see Buyback & Burn).

    • The two staking token types are wrapped in an immutable smart contract and bound to the NFT permanently:

      • MTT earns yield from Pool 1, which all M87 stakers share.

      • MOTT earns yield from Pool 2, which only Messier Objects holders share.

    • Messier Objects have their own dashboard in the Virgo interface.

    Buying and selling Objects

    • Holders can auction their Objects for ETH on the NFT bidding platform. There, you can track live auctions, view recent sales, see the staking tokens attached to each Object, and bid in ETH.

    • Every resale carries a 4% resale fee, paid directly to the VirgoDAO treasury. It funds new investments, staker rewards and the M87 buyback & burn.

    • Objects can only be sold for ETH.

    NFT contract: 0xb611cd7d6Fed3AeeDf17192E78030E3c06DDD8fc (110 tokens)

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