💰Xconnect Reward Calculation Mechanism
The Xconnect reward system incentivizes active participation in the BSCS ecosystem. Rewards are calculated based on a gem system, with contributions from multiple activities. The Multiplier mechanism is fixed across all campaigns, while other activities may vary by campaign and project. Users can find specific details for each campaign at Xconnect. Below is a general overview, with examples to illustrate how it may work.
I. Gem Calculation Mechanism
Gems is the first criterion to determine the amount of rewards a user receives on the Xconnect platform. Gems are earned through user's contribution with four main activities.
1. Stake BSCS Tokens
Earn 1 gem for every 500 BSCS tokens staked. This mechanism may vary slightly by campaign; check Xconnect for specifics.
2. IDO Participation Level (where applicable)
Earn 1 gem for every 10 USD committed to a project during campaigns that include IDO opportunities. This mechanism may vary slightly by campaign; check Xconnect for specifics.
3. Social Media Engagement
Gems are earned directly from social media activities, with a maximum cap of 100 gems per campaign to prevent spam. Certain campaigns may offer bonuses for targeted posts. Check specific rates and eligible actions at Xconnect.
4. Tasks/Question Answering
Correctly answering project-related questions earns 2 gems per correct answer, with a maximum cap of 20 gems per campaign. Check details at Xconnect.
II. Final Reward Calculation
1. Multiplier
Depending on a user’s actions post-IDO participation, Gems are then multiplied by Multiplier to calculate Final Gem:
Complete tasks without join IDO
x1
Join IDO, then fully refund
x1.5
Partial Claim
x1.75
Fully Claim (Claim with Riskless and Full Claim with Vanguard)
x2
2. Reward Distribution
A user’s total gems are calculated from the above activities, multiplied by the Multiplier to determine their Final Gem amount.
The Final Gems from all participating users are used to divide the reward pool (allocated by the project), with each user receiving a share proportional to their Final Gem count.
Note: Rewards are expected to begin distribution within 3 days after the Token Generation Event (TGE) for applicable campaigns.
Example: If a user has 250 gems, after applying a x2 multiplier (from fully claiming), their Final Gem will be 500 gems. With the total gem pool being 50,000, they will receive 1% of the reward pool. Campaign-specific details, including gem calculations and bonuses, are available at Xconnect.
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