# IP Asset Tipping

## Commemorative NFTs

Verio allows users to tip IP asset creators by minting a commemorative NFT of their favorite IP assets in our catalog.\
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Commemorative NFTs snapshot a user's interaction on Verio. Each will maintain its mint order, so tippers can show off how early they were, or how many total tips they have sent.&#x20;

## Tip Distribution

Tips are distributed primarily to the IP asset creator. For convenience, Verio converts all tipped **IP** to a valid [revenue token](https://docs.story.foundation/concepts/royalty-module/ip-royalty-vault#token-terminology) before sending it directly to the royalty vault associated with the IP asset. Note that an IP asset with non-commerical license will not have a royalty vault, so the yield will be sent directly to the IP asset owner address.\
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A portion of the tip is also offered back to the IP asset's staking pool as an incentive for other stakers.\
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The current tip distribution is as follows:

| Recipient              | Basis Points | Percentage |
| ---------------------- | ------------ | ---------- |
| IP Asset Royalty Vault | 6000         | 60%        |
| IP Asset Stake Pool    | 2500         | 25%        |
| Protocol Fee           | 1500         | 15%        |
