Before diving into the nitty gritty of this new system, we wanted to make sure you knew that an Energy Airdrop is coming, especially for those who have been supporting us since the beginning. So read below if you want to know more about how to qualify for this airdrop.
To reward our long early adopters, those who contributed to WeFi before the snapshot will be taken on May the 4th at 23:59 Dubai time, we will distribute an Airdrop to everyone who bought ITOs. Also, to qualify for the Airdrop, you will have to deposit $100 into the Deobank account (once it goes live).
How does the Energy Airdrop work? (Keeping it Simple!)
Think of it like getting points based on three things:
The Threshold (Your total participation amount across ALL your ITO pools): This sets your general "reward level." The more funds you have placed in total, the higher your potential reward level. Like spending more at the shop might get you a bigger discount coupon.
The Time Factor (How long each pool of funds is locked for): Some funds you might not lock (no staking), some you might lock for 1 year, and some for 2 years. Each lock-in period might get a different point multiplier at your reward level. Like using that big coupon gives you more discount on full-price items (longer lock-in) than on sale items (shorter or no lock-in).
The Loyalty Coefficient: As a rule, Loyalty is always rewarded and WeFi is no different. The amount of WFI you vested, and therefore took out of the WeFi ecosystem, will be taken into consideration when the airdrop amount will be calculated.
Energy Calculation Table
Energy Calculation Table
Total balance (USDT worth of ITOs) + lock-in period
Coefficient applied
Energy amount
3000_no staking
0.01
30
250_1year
0.05
12.5
250_2years
0.1
25
2000_1year
0.2
400
2000_2years
0.3
600
5000_1year
0.35
1750
5000_2years
0.5
2500
The Calculation in a Nutshell:
The system looks at the total amount you've put into all pools to pick a "reward tier." Then, it looks at each separate pool of funds you have. Based on that tier and whether that specific pool is locked for 0, 1, or 2 years, it uses a specific multiplier (like 0.01x, 0.2x, or 0.5x) to figure out how much Energy you get for that pool. Finally, it adds up the Energy from all your pools!
Example Time!
Let's say, before the snapshot happens, you purchase $2200 worth of ITOs and place it in 2 two different pools. Now, you did these purchases a while ago and since then, you have :
Pool A: $700 worth of ITOs locked for 2 years.
Pool B: $1500 worth of ITOs locked for 1 year
Total WFI mined: 14000 WFI
Total WFI vested: 10000 WFI
Step 1 - Total Check
Your total participation is $700 + $1500 = $2200 worth of ITOs. This total puts you in the 0.2<Reward Level<0.3 coefficient
Important Note: For our example, If you purchased $700 worth of ITOs and locked them into a 2 year pool before the snapshot but purchased another $1500 worth of ITOs and locked them into a 1 year pool after the snapshot happened, the Coefficient applied would be 0.1 (Threshold above $250 + 2 years locking parameter) and your $1500 pool would not be counted in the Airdrop calculation.. So make sure you complete your full ITO purchase before the snapshot to get max benefits.
Step 2 - Pool Check
For Pool A, 2000 level and 2 years (which is 0.3 in the table). So, $700 * 0.3 = 210 Energy.
For Pool B, 2000 level and 1 year (which is 0.2). So, $1500 * 0.2 = 300 Energy.
Step 3 - Loyalty Check
The Formula for the Loyalty Coefficient is: 1 - (Total WFI the user has vested/Total WFI the user has mined). Then this coefficient is converted to percentage, and airdrop rewards from WFI pools are multiplied by this percentage.
For this example, your Total WFI mined is 14,000 WFI and your Total WFI vested is 10,000 WFI. Therefore, the Loyalty Coefficient is 1−(10,000/14,000)=1−0.7143=0.2857, which once converted in a percentage is 28.57%.
Step 4 - Total Energy
Your total Airdrop Energy would normally be 210 + 300 = 510 Energy. But in this case, due to your Loyalty Coefficient, you get only 28.57% of the Airdrop, so 510*28.57% = 145.7 Energy
You can then "Claim" this Energy in the Deobank app.
Hopefully, this makes sense! And now that you have hopefully read this, here is
Next, we will dive deeper into what Energy is and how it can be acquired. Stay tuned!
When our Deobank goes live, we will introduce our new concept called Energy. It’s a Loyalty Program akin to what a Frequent Flyer Program would be. It's a special reward, like bonus points, that you can get for being part of the community and putting your digital money to work in specific ways, especially through ITOs (Initial Technical Offering).
The amount of WFI you vested, and therefore took out of the WeFi ecosystem, will be taken into consideration when the airdrop amount will be calculated
Before diving into the nitty gritty of this new system, we wanted to make sure you knew that an Energy Airdrop is coming, especially for those who have been supporting us since the beginning. So read below if you want to know more about how to qualify for this airdrop.
To reward our long early adopters, those who contributed to WeFi before the snapshot will be taken on May the 4th at 23:59 Dubai time, we will distribute an Airdrop to everyone who bought ITOs. Also, to qualify for the Airdrop, you will have to deposit $100 into the Deobank account (once it goes live).
How does the Energy Airdrop work? (Keeping it Simple!)
Think of it like getting points based on three things:
The Threshold (Your total participation amount across ALL your ITO pools): This sets your general "reward level." The more funds you have placed in total, the higher your potential reward level. Like spending more at the shop might get you a bigger discount coupon.
The Time Factor (How long each pool of funds is locked for): Some funds you might not lock (no staking), some you might lock for 1 year, and some for 2 years. Each lock-in period might get a different point multiplier at your reward level. Like using that big coupon gives you more discount on full-price items (longer lock-in) than on sale items (shorter or no lock-in).
The Loyalty Coefficient: As a rule, Loyalty is always rewarded and WeFi is no different. The amount of WFI you vested, and therefore took out of the WeFi ecosystem, will be taken into consideration when the airdrop amount will be calculated.
Energy Calculation Table
Energy Calculation Table
Total balance (USDT worth of ITOs) + lock-in period
Coefficient applied
Energy amount
3000_no staking
0.01
30
250_1year
0.05
12.5
250_2years
0.1
25
2000_1year
0.2
400
2000_2years
0.3
600
5000_1year
0.35
1750
5000_2years
0.5
2500
The Calculation in a Nutshell:
The system looks at the total amount you've put into all pools to pick a "reward tier." Then, it looks at each separate pool of funds you have. Based on that tier and whether that specific pool is locked for 0, 1, or 2 years, it uses a specific multiplier (like 0.01x, 0.2x, or 0.5x) to figure out how much Energy you get for that pool. Finally, it adds up the Energy from all your pools!
Example Time!
Let's say, before the snapshot happens, you purchase $2200 worth of ITOs and place it in 2 two different pools. Now, you did these purchases a while ago and since then, you have :
Pool A: $700 worth of ITOs locked for 2 years.
Pool B: $1500 worth of ITOs locked for 1 year
Total WFI mined: 14000 WFI
Total WFI vested: 10000 WFI
Step 1 - Total Check
Your total participation is $700 + $1500 = $2200 worth of ITOs. This total puts you in the 0.2<Reward Level<0.3 coefficient
Important Note: For our example, If you purchased $700 worth of ITOs and locked them into a 2 year pool before the snapshot but purchased another $1500 worth of ITOs and locked them into a 1 year pool after the snapshot happened, the Coefficient applied would be 0.1 (Threshold above $250 + 2 years locking parameter) and your $1500 pool would not be counted in the Airdrop calculation.. So make sure you complete your full ITO purchase before the snapshot to get max benefits.
Step 2 - Pool Check
For Pool A, 2000 level and 2 years (which is 0.3 in the table). So, $700 * 0.3 = 210 Energy.
For Pool B, 2000 level and 1 year (which is 0.2). So, $1500 * 0.2 = 300 Energy.
Step 3 - Loyalty Check
The Formula for the Loyalty Coefficient is: 1 - (Total WFI the user has vested/Total WFI the user has mined). Then this coefficient is converted to percentage, and airdrop rewards from WFI pools are multiplied by this percentage.
For this example, your Total WFI mined is 14,000 WFI and your Total WFI vested is 10,000 WFI. Therefore, the Loyalty Coefficient is 1−(10,000/14,000)=1−0.7143=0.2857, which once converted in a percentage is 28.57%.
Step 4 - Total Energy
Your total Airdrop Energy would normally be 210 + 300 = 510 Energy. But in this case, due to your Loyalty Coefficient, you get only 28.57% of the Airdrop, so 510*28.57% = 145.7 Energy
You can then "Claim" this Energy in the Deobank app.
Hopefully, this makes sense! And now that you have hopefully read this, here is
Next, we will dive deeper into what Energy is and how it can be acquired. Stay tuned!
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