Rewards
Each instance of attending a Meet-up gives you an opportunity to earn $PAIRED rewards. The sole prerequisite for this attainment is establishing a connection with at least one new individual.
During the launch phase of PairedWorld, users won't be mandated to connect with a new user to qualify for rewards; connecting with any one user at a Meet-up will allow you to earn $PAIRED, even if you've connected before.
A myriad of factors contributes to the specific quantum of $PAIRED rewards you receive per Meet-up, which may include but are not limited to:
The cumulative number of attendees
Advance RSVP
The quantity of $PAIRED currently staked
The Level of your SOUL
Host Bonus
Base Reward
The base reward for attending an event and connecting with a new person is 50 $PAIRED. This base is then subject to several modifiers.
Attendees
The award modifier for the number of attendees is geared to incentivise Meet-ups of sizes that most lend themselves to allowing participants to form and nurture relationships. In general, this tends towards groups of at least 15 people.
The modification is as follows:
| Total attendees | Award modifier |
|---|---|
2 | 0.525x |
3 | 0.55x |
4 | 0.575x |
5 | 0.6x |
6 | 0.65x |
7 | 0.7x |
8 | 0.75x |
9 | 0.8x |
10 | 0.85x |
11 | 0.875x |
12 | 0.9x |
13 | 0.925x |
14 | 0.95x |
15+ | 1x |
Advance RSVP
Responding to Meet-ups in advance is incentivised to help organisers prepare appropriately and increase their event visibility, maximising the chance of reaching 15 attendees or more. The following modifiers are applied to the individual rewards of attendees depending on how far in advance they confirm their attendance by burning a SPARK token:
| RSVP time before event | Award modifier |
|---|---|
0-1 days | 0.5x |
2 days | 0.6x |
3 days | 0.7x |
4 days | 0.75x |
5 days | 0.8x |
6 days | 0.85x |
7 days | 0.9x |
8-9 days | 0.95x |
10-11 days | 0.98x |
12-13 days | 1x |
14+ days | 1.05x |
The RSVP modifier will be inactive during the initial launch phase of PairedWorld
Staking $PAIRED
Staking $PAIRED in the PairedWorld locked staking contract also qualifies SOUL holders for a bonus multiplier, which scales with the amount staked - up to a limit. As your SOUL's level increases, so does this limit, allowing high-level SOUL holders to unlock significant multipliers on the $PAIRED reward for each Meet-up they attend.
The bonus for staking $PAIRED is a multiplier that increases linearly between each of the following stages:
| Multiplier | $PAIRED staked |
|---|---|
1x | 0 $PAIRED |
1.5x | 10,000 $PAIRED |
2.25x | 20,000 $PAIRED |
3x | 30,000 $PAIRED |
4x | 45,000 $PAIRED |
5x | 67,500 $PAIRED |
6x | 100,000 $PAIRED |
7x | 150,000 $PAIRED |
8x | 225,000 $PAIRED |
9x | 350,000 $PAIRED |
10x | 500,000 $PAIRED |
This has the effect of creating a percentage add-on to your base reward.
The maximum amount of held $PAIRED allowed to count towards a bonus multiplier increases with your SOUL's level as follows:
| Level | Staking limit |
|---|---|
0 | 0 $PAIRED |
1 | 10,000 $PAIRED |
2 | 20,000 $PAIRED |
3 | 30,000 $PAIRED |
4 | 45,000 $PAIRED |
5 | 67,500 $PAIRED |
6 | 100,000 $PAIRED |
7 | 150,000 $PAIRED |
8 | 225,000 $PAIRED |
9 | 350,000 $PAIRED |
10 | 500,000 $PAIRED |
4. Levelling your SOUL
We apply a final core modifier based purely on the level of your SOUL, relative to the highest-levelled SOUL in the ecosystem. It's defined by:
Where:
S_yoursis the level of your SOULS_maxis the level of the highest SOUL currently in the ecosystem
This has the effect of creating a percentage subtraction from the base reward.
5. Host bonus
During the launch phase, the host of a Meet-up will receive an additional 1.5x multiplier to their reward.
Total
To calculate your final reward, we simply multiply all your modifiers together and then compute the product of this new, final modifier and the base reward. If the final modifier is below 0.1, we clamp it to 0.1 precisely.
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