🌊Reward Pool
A Quick Description of how the Reward pool works.
The Reward Pool is funded through various means within Newsage, which include:
User Registration Fee: When a new user registers on Newsage, a certain percentage of the fee is charged and directed to the Reward Pool.
User Upgrade: When users purchase new levels in either X3 or X6, a specific fee is also charged and added to the Reward Pool.
With the accumulation of these funds, along with protocol funds, the capital is diverted to specific DeFi Protocols and other avenues like validators. The yield generated is then directed back into the Reward Pool to reward users over time. A cooldown period is implemented between distributions to users to ensure fair and consistent rewards.
Upon receiving a fee from the reward pool, you can check your stats page to see the amount received. and this will also reflect on your earned balance.
How Users Claim Fees from the Reward Pool
Fees are distributed to users based on certain performance metrics, which include:
Number of Partner Count
The Number of Activated Levels in Both X3 and X6 Programs
These performance metrics contribute to how much a user can claim from the Reward Pool, with certain cooldown periods between claims.
For example, consider a scenario where a user has 500 referrals and has opened all 12 levels in both X3 and X6 programs. The user's score would be calculated as follows:
Contribution from 500 referrals: 500 points Contribution from 12 active levels on X3: The sum of numbers from 1 to 12 equals 78 points Contribution from 12 active levels on X6: The sum of numbers from 1 to 12 equals 78 points
The total score would be the sum of 500 points from referrals plus 78 points from X3 plus 78 points from X6, which equals 656 points.
The user's reward amount is calculated based on this total score and the given corePerScorePoint of 0.0005. Therefore, the user's reward would be 0.328 core.
Reward Pool FAQ
How do I earn if I don't know how to refer others?
Since claiming from the Reward Pool is based on certain performance metrics, as a new member, you will earn from your activated Level 1 in both the X3 and X6 programs. These programs provide incentives, and the more energy you invest, the more you can potentially claim from the Reward Pool. 2. How does the reward pool help $SHDW. A percentage of the reward pool is allocated for buybacks and liquidity provision (LP) for SHDW, thereby enhancing the long-term stability of SHDW.
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