> For the complete documentation index, see [llms.txt](https://guide.equinox.fund/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.equinox.fund/celestial-collection-nfts/history-of-the-celestial-collection.md).

# History of the Celestial Collection

The Celestial Collection was created to mitigate token price volatility and enable Equinox to operate until the development of a suitable tokenomics model. This innovative approach distinguished Equinox from other launchpads and placed it in a unique position at the dawn of the new bull run.

## Celestial Collection NFTs Original Utility

* **Summer - Tier 4**
  * Guaranteed allocation in IDOs.
  * Highest allocation.
* **Vernal - Tier 3**
  * Lottery & FCFS (First-Come, First-Served).
  * High allocation.
* **Winter - Tier 2**
  * Lottery & FCFS.
  * Moderate allocation.
* **Autumnal - Tier 1**
  * Lottery & FCFS.
  * Low allocation.

The first 65% of each pool was allocated to lottery winners. Once those were filled, the final 35% of each tier’s total pot was available to non-winning lottery participants on a FCFS basis.

To ensure the Summer NOX tier remained the top tier, a waterfall allocation method was used, meaning that participation levels in the top tier determined the allocation for each tier below.