Bonus Reward Program
Bonus criteria and extra rewards
Without our amazing community Genius Yield would not be where it is today. This is why we want to reward our biggest fans and members of the community that believed in us since the beginning!
On top of regular ISPO rewards, delegators can get additional rewards by qualifying for our Bonus Reward Program. Based on how long and how much you delegate you can win a significant amount of Bonus GENS and receive one or even two limited-edition Genius NFT! This ISPO NFTs will have the unique utility to unlock the GENS staking reward program for vested GENS.
Bonus Reward Program
The Bonus Reward Program adds an extra 1,000,000 GENS to ISPO rewards!
This 1M extra GENS reward will be shared between all participants eligible for bonus rewards. The amount of rewards is governed by the weighting factor, which ensures that top categories receive proportionally higher rewards than lower categories. For example a 3x reward will always be 3 times larger than a 1x reward. It does NOT mean it triples your ISPO GENS rewards. Your bonus reward is not related to how much GENS you accumulated, but instead on how many people qualified in the Bonus Reward Program and which weighting factor you got. See equation and example below for more details.
Below are the criteria and rewards for each prize.
Delegate 28+ epochs (500 ADA minimum)
3x
Diamond Hands NFT
Delegate 24+ epochs (500 ADA minimum)
2x
HODLer NFT
Delegate 19+ epochs (500 ADA minimum)
1x
FOMO NFT
Delegate 50,000+ ADA (minimum 19 epochs)
3x
Ape NFT
Delegate 25,000+ ADA (minimum 19 epochs)
2x
Degen NFT
Delegate 10,000+ ADA (minimum 19 epochs)
1x
Shark NFT
A 500 ADA minimum is applied to the first three categories to discourage people from creating many wallets in order to game the Bonus Reward mechanism.
Epochs don't have to be consecutive (only total number of epochs matters).
If you qualify for both a staking duration category (Diamond Hands, HODLer, FOMO) and a delegation amount category (Ape, Degen, Shark), you'll get both NFTs. However, your bonus multiplier will only be applied once and the higher GENS multiplier will be picked.
Changing GENS pool won't affect negatively your rewards. As long as you use the same wallet address your delegation stats will be tracked across GENS pools.
Concrete Example
Let's say the ISPO ends with these numbers of winners in each categories:
25
50
100
25
50
100
The equation governing the bonus allocation is as follows:
\text{1x Qualifier Reward} = \frac{\text{1,000,000 GENS}}{\text{# of 1x qualifiers } + (2 \times \text{# of 2x qualifiers}) + (3 \times \text{# of 3x qualifiers})}
Therefore, these should be the bonus amounts available in each category
You can check that all rewards add back up to 1 Million GENS
The categories have been designed such that anyone can participate and get a Bonus Reward!
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