2.9 Treasure Fund and Equity Partner Mechanism
I. Introduction of Equity Partners:
Equity partners refer to users who participate in the one-year lock-up of DPWK tokens. These users will become the annual equity partners during the lock-up period, and they are also the only DPWK token holders eligible to receive dividends from the DPWK platform's Treasure Fund. Equity partners mean that long-term partners of the DPWK platform will receive a series of rights and privileges, including: daily airdrops of BNB and DPWK tokens in Treasure Fund; Planet rewards from lock-up ranking; VIP privileges of priority to purchase pre-sale NFTs.
II. How to Become an Equity Partner:
1. Users staking DPWK token in DeFi v3.0, which can be withdrawn after 1 year lock-up. The earlier the staking, the earlier the reward can be obtained.
2. Becoming an equity partner will get daily airdrops of BNB and DPWK tokens in Treasure Fund.
3. Equity partners who stake more than 3,000 DPWK tokens will have a one-year pre-emptive privilege of pre-sale NFTs.
4. Top-ranked equity partners in lock-up volume ranking list will be rewarded by Planet NFTs every month.
III. Introduction of Treasure Fund and Airdrop Rewards:
1. The Treasure Fund is a treasure shared with all equity partners, which comes from BNB Fund and DPWK Fund.
2. BNB Fund: BNB income comes from 50% of the DPWK platform transaction fee, which continues to accumulate. As the DPWK platform becomes more active, the transaction volume increases, and the daily transaction fee increases, this ratio will further increase.
3. DPWK Fund: DPWK income of the DPWK Fund comes from the distribution of the DPWK Income Pool. With the amount of DPWK is staked, the DPWK Income Pool will distribute 150% of the DPWK amount into the DPWK income contract address until the DPWK Income Pool is emptied. For example, if the current new staking amount is 100,000, the DPWK Fund will allocate 150,000 DPWK for the airdrop of DPWK income.
DPWK Income Pool in the first year has 2 million DPWK, which comes from P2E share in total DPWK. The DPWK Income Pool of the next year comes from the DPWK income of the previous year (the DPWK income of kitty reproduction will be destroyed regularly and will not be included in the DPWK Income Pool).
IV. Airdrop Rewards:
5% of the total amount of Treasure Fund will be airdropped to all equity partners every day. Equity partners can receive airdrops of BNB and DPWK every day, and the received amount is calculated daily according to the ratio of the staking amount to the total staking amount in the one-year contract.
For example, if the current Treasure Fund has 10,000 BNB and 10,000 DPWK, then 500 BNB and 500 DPWK will be used for the airdrop of all equity partners on that day. If a user staked 1000 DPWK, accounting for 0.1% of the total staked in the pool, then he will receive 500*0.1%=0.5BNB and 0.5DPWK in the airdrop on the day.
Rewards that are not claimed on the day will be accumulated and can be claimed after accumulation.
The larger the lock-up volume, the higher the daily airdrop will be.
V. Planetary Rewards for Lock-up Ranking: According to the lock-up volume of equity partners, snapshots are taken at a fixed time every month, and the top-ranked users will receive Planet NFT rewards.
VI. VIP privileges:
Equity partners who lock up more than 3000 DPWK will have VIP privileges to first purchase pre-sale NFTs. During the lock-up period, when the DPWK platform conducts NFT pre-sale, the addresses of all VIP equity partners will be added to the pre-sale whitelist, so that the newly released NFT can be purchased in advance.
Last updated