SHNAKAS 🔒 is the first rune of a live shielded protocol on Bitcos Bitcoin. START BLOCK 👉 971,700 No team allocation. No mint. It is earned one way: holding Shielded Nakas unlisted, from now until the Bitcoin halving. ━━━━━━━━━━━━━━━━━━━━ ₿ Bitcoin culture is a different type of culture. Have you noticed things move a little slower here? There is a trade-off. Speed matters, but so does security. We are building with that priority in mind. Bitcoin culture is also about finding art you like and holding it, not just flipping it. So we wanted to reward both collectors and people who like to speculate. Every single piece can earn. Some earn more based on how collectors value their traits. We are using hoodies as an example, but this applies to all qualifying traits. ━━━━━━━━━━━━━━━━━━━━ Here is exactly how it works. 🧵 ━━━━━━━━━━━━━━━━━━━━ 🔒 Every eligible unlisted Naka earns every block. Hold one, you earn. Hold ten, you earn ten times. Each piece is tracked individually. If you own 5 Nakas and list 2: • The 3 unlisted pieces keep earning. • The 2 listed pieces earn nothing. • Listing one piece does not stop your other eligible pieces from earning. Delisting does not immediately restart that piece's earnings. It becomes eligible again at the next weekly reward boundary. So if you delist in the middle of the week, that piece waits until the next weekly boundary to start earning again. You do not have to wait seven full days if that boundary comes sooner. Your other eligible pieces keep earning throughout. Listed pieces earn nothing, and their share is never minted. Nobody else gets it either. It just does not exist. ━━━━━━━━━━━━━━━━━━━━ ⚖️ Not every Naka earns the same. Your piece has a weight. Base is 1ow numbers add to it. They stack, up to a cap of 400%. Nobody gets a ridiculous amount, but the people holding what the market values most earn the most. ━━━━━━━━━━━━━━━━━━━━ 📊 What counts as rare? The market decides, not us. Each trait's floor is measured against the collection floor at the start of every quarter, on chain. • Traits trading at 1.25x floor earn +25%. • 1.5x earns +50%. • 2x earns +75%. • 3x and up earns +100%. Every trait on your piece counts. ━━━━━━━━━━━━━━━━━━━━ 🧢 Right now that means every hoodie colour, every cap colour, Halo,et, Blue Checker, 3D Glasses and dozens more. Hoodies and hats are the obvious ones. They are examples, not the list. Any trait the market values earns. Any trait that starts getting collected starts earning. ━━━━━━━━━━━━━━━━━━━━ 🔢 Numbers stack on top. • Sub 1K +50%. • Sub 100 +100%. • Sub 10 +200%. • A Black Hoodie: 200%. • A Red Cap on a Sub 1K: 250%. • A White Hoodie with 3D Glasses on a Sub 100: capped at 400%. • A plain Naka in the 1000s: 100%, still earning every block. ━━━━━━━━━━━━━━━━━━━━ 🔄 Weights are re-read every quarter. If a group holds a colour or a hat off the floor, that trait's weight rises for everyone holding it. If a trait gets dumped, it falls. Holding together pays. ━━━━━━━━━━━━━━━━━━━━ 🔐 Claiming happens in your Shielded Vault. Claim privately for the for its full weight. Owners stay hidden either way. Emission ends at the halving. Full rules go on chain before epoch 0. Hold your Nakas.