ROUND REWARD MULTIPLIER: How will it work
NFTs

ROUND REWARD MULTIPLIER: How will it work

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11 months ago

ROUND REWARD MULTIPLIER: How will it work

Today's news will be of interest primarily to NFT holders who play in Pool Mining mode.

We're announcing that we're changing the average value of the multiplier to 1.1x.

There are two main reasons for this.

🟣Our company's expenses were calculated based on an average multiplier value of 1.25x, but in July this figure turned out to be much higher, 1.6x.

The 32x multiplier dropped 9 times this month, 16x occurred 11 times, and 8x dropped 20 times. In connection with this, the company has already paid out an additional 4.1 BTC, which is 3.4 times more than in June.

🟣The project's new tokenomics, which we are introducing gradually, also requires this step.

Instead of large multiplier values (which will also remain, but occur less often), you will have another opportunity to increase your payouts.

In the near future, the owners of ve tokens will be able to vote independently for the distribution of mining rewards and thus influence the final payouts of pools and those who chose solo mode.

An updated table showing the mathematical chance of different values of multipliers occurring can be found in our FAQ.
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