The reward mechanism of @multiplifi is a bit novel.
Every week, 100,000 Crystals (currently worth 0.34U each) will be given to the top 200 yappers on the 7D leaderboard, which is approximately 34,000U per week.
The various mechanisms of Crystals are worth discussing:
1️⃣ What determines the price of Crystals?
Each Crystal = 10,000 / the number of Crystals sold this month.
The monthly supply of Crystals varies; this month, a total of 416,666 Crystals were "mined," and 29,418 Crystals were sold.
10,000 / 29,418 is approximately 0.34U.
2️⃣ The payment mechanism for Crystals.
The final price of each Crystal will be determined on the 28th of each month. Then, yappers who sell Crystals will receive payment in USDC within 7 days.
3️⃣ Follow the official Twitter and receive 100 Crystals.
Enter the link wallet, link X, and then follow the official Twitter to receive 100 Crystals, currently worth 34U.
However, please note that the minimum requirement for selling Crystals is 200.
But yappers can do it! Don't miss out!
Over 238k out of 416k crystals were sold in the last cycle.
If you chose to sell a part of your crystals, have a look at to either :
- earn the best risk adjusted yield on your reward + ORBs
- redeem your rewards into your wallet in the next withdrawal cycle
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