[LXP] Check this one - tier system

Token Design
1

That’s a nice idea for allo…
Hight LXP hodlers will be well rewarded and low LXP players will receive a refund on gas

Tier 1: >10000 LXP = LXP COUNT * 100%
Tier 2: 9000-10000LXP = LXP COUNT * 90%
Tier 3: 8000-9000 LXP = LXP COUNT * 80%
Tier 4: 7000-8000 LXP = LXP COUNT * 70%
Tier 5: 6000-7000 LXP = LXP COUNT * 60%
Tier 6: 5000-6000 LXP = LXP COUNT * 50%
Tier 7: 4000-5000 LXP = LXP COUNT * 40%
Tier 8: 3000-4000 LXP = LXP COUNT * 30%
Tier 9: 2000-3000 LXP = LXP COUNT * 20%
Tier 10: 1000-2000 LXP = LXP COUNT * 10%
Tier 11: <1000 LXP = LXP COUNT * 5%

4 Likes
2

The main problem here is that it was quite difficult to earn 10k lxp.but someone who earns 5k lxp can qualify for the maximum reward with 2 wallets.this is not the right approach.the difference between the tiers should not be so small.this only pleases sybil accounts with thousands of wallets.as the tier level increases, the reward rate should increase much more.there are not many people in the high tier anyway.stop usurping their rights.

4 Likes
3

The percentages by which we multiply can always be modified to even lower values ​​for portfolios with smaller amounts of lxp.
And the second thing is that you count wrong :slight_smile:
A wallet with 5k lxp will receive 50% of the tokens, i.e. 2,500.
In order for sybil to get 10k tokens, he must have 4 such wallets.

But seriously, I agree with your approach (I have a 10k+ lxp wallet myself) and I think Linea will organize it well

2 Likes
4

interesting !

for me good idea !

5

grats !

Only 77 wallet have more than 10k LXP !

2 Likes