Loyalty League - STAKE BOOST
BOOST TO YOUR STAKING APY
Objective:
The SolanaHub Loyalty League program has been carefully designed to enhance stake size with the SolanaHub validator. This program aims to capture stakes from diverse sources, including native stakes, liquid direct stakes, and votes in the DAO from sources like stake pools and other 3rd party voting platforms.
Mechanism:
As stakeholders opt to allocate their stake power, they will be rewarded with loyalty points. These loyalty points entitle participants to various privileges, such as cashback, airdrops, and exclusive discounts applicable to transactions conducted on the SolanaHub platform and other associated benefits.
How points get calculated:
Native staking + bonus points - the longer you stake, the higher the score!
Liquid staking has a unique super boost*
DAO tokens guage also gives you extra points*
Referrals: gain 10% from your referrer total score
.Hub domain : Gain 5% boost to your total score
*Liquid Staking & DAO gauge loyalty score can vary from time to time so make sure you follow the dashboard closely to make the maximum points out of your stake
Calculator example:
Reward treasury(prize pool): The reward treasury is funded by two sources:
Validator rev-share also referred to as SolanaHub validator personal staking rewards.
Contributions from third parties who offer rewards to SolanaHub based on its validator activity and other engagements.
Reward allocation:
A fixed portion of the SolanaHub validator rewards is allocated, meaning that nodes with greater stakes will receive a larger share of the rewards.
Rewards are not evenly distributed and take into account your total points, which may fluctuate depending on the current above factors.
The loyalty program is fully autonomic, from score capturing and airdrop information to rewards distribution
Distribution & Claim Reward: distribution is aimed to occur once per week, contingent upon receiving the third emission. Claiming your reward is automatic, and there is no need for you to take any action; these rewards will be automatically deposited into your wallet.
Story:
Let's consider the following variables:
P: Prize pool = 10 hubSOL
L: Liquid Direct Stake Ratio = 2
Alice has staked 100 SOL natively with SolanaHub for 10 epochs, while Joe has also staked the same 100 SOL, but as a liquid staking asset. When the prize pool is distributed, their share in the pool will be calculated as follows:
For Alice, her score will be calculated as 100 * (account age(10) * 0.01 + 1) = 110 points.
For Joe, his score will be calculated as 100 * L = 200 points.
To determine their respective shares in the pool:
Alice's share in the pool will be 110 points / Total Score (310) = 35.5%.
Joe's share in the pool will be 200 points / Total Score (310) = 64.5%.
To realize their profits:
Alice's profit will be P * Alice's Share = 3.55 hubSOL.
Joe's profit will be P * Joe's Share = 6.45 hubSOL.
The Loyalty League prize pool is composed of multiple assets with varying volatility ranges, which can impact the weekly prize pool, both positively and negatively.
FAST Q&A:
Q: is there a minimum stake to participate in the program? A: Yes, the sum of all your native or liquid stake stake need to be above 0.3 SOL
Q: How frequently are points calculated? A: Loyalty points snapshots are taken daily at a consistent time. In some cases, your points may not update due to delays in third-party snapshots (such as from Marinade/Solblaze, for instance).
Q: The prize pool appears to grow or decrease rapidly. Why is that? A: The prize pool allocation is constructed from various assets, some of which are highly volatile and can impact the total prize pool. Therefore, the airdrop reward can be dynamic until the airdrop day.
Q: What's the Minimum Reward I Can Receive? A: There's technically no minimum reward set, but our reward distributor has a threshold in place. If your prize pool share falls below 0.001 hubSOL, you won't receive rewards.
Q: What Else Should You Be Aware Of? A: Keep in mind that this is an experimental program, and changes may occur based on its success. We're committed to optimizing and enhancing the program to ensure the best experience for our members.
terms and conditions:
stake pools are excluded
subject may change at any time
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