Seed Roots Phase 1 Rewards - In Depth Guide
Hey guys, we have something exciting for you today!
Let’s dive into more details on the Seed Roots, especially the rewards and transfer system.
Seed Roots offer a unique gateway to rewards and participation in the Seedworld ecosystem. Whether you're staking, acquiring mounts, or securing vanguards; Seed Roots unlock a world of opportunities.
This guide breaks down the rewards system, transfer rules, and how you can maximize your earnings.
SEED ROOTS REWARDS: PHASE 1 IMPLEMENTATION
Total Rewards Overview
Total Initial Rewards Pool: 6,000,000,000 $SWORLD
Total Seed Roots (SR): 20,000
Average Initial Reward Per SR: 300,000 $SWORLD
You should articipate in the phase system to earn more / while those who don’t will earn less than the average
Additional Rewards To Be Put From Ecosystem Activities
Reward Distribution
From phase 1 50% of the rewards is distributed dynamically based on specific actions, upgrades, and leaderboards according to the phases.
So while average Seed Roots will get 300k $SWORLD, some users will actually get more and some will get less than this according to their participation in the active phase rules. And the phase 1 will start with a staking power combination.
On top of that, we will also be adding new $SWORLD rewards to the Seed Roots reward pool from the commissions and ecosystem activity in Phase 5, where you will be emitting grants to other builders in our ecosystem and getting rewarded for picking the right builders, in a prediction market x grant system model.
Let’s dive deep to the phase 1 Seed Roots system, where each SR holder can earn additional rewards proportional to their staking power.
Monthly Rewards Breakdown
Each Seed Root offers a fixed 2,000 $SWORLD per month to all holders at 0 staking power. The active rewards are dynamic based on your staking power compared to the the total staking power of everyone. And that is how your dynamic rewards will be defined. Therefore, those who stake $SWORLD get added rewards from Seed Roots, making the system incentivize long term participation and skin in the game.
Again, here’s how it works:
Fixed Rewards:
Every Seed Roots holder receives 2,000 $SWORLD monthly as a base reward.
Dynamic Rewards (Staking-Based):
Each holder earns their share from the dynamic rewards according to the circulating Seed Roots held, determined by their staking power vs total amount of staking power of everyone that given month. This calculation only involves the dynamic rewards of the Seed Roots that are sold already, to have rewards remaining for the future purchasers of Seed Roots and not over inflate the release of tokens.
Staking Multipliers and Capacity
Staking Cap Per SR
The maximum staking cap is dynamic and it starts from 100,000 $SWORLD for one Seed Root, however, until 10 Seed Roots the maximum staking cap increases until 151,000 $SWORLD.
So if you have more than 100,000 $SWORLD staking, to maximize your rewards, you can pair it with more Seed Roots until you have enough of them to max cap. If you need more than 10 Seed Roots to max cap your rewards, in this case more than 1,510,000 $SWORLD, then you can still get more than 10 Seed Roots, and each of them will give you an additional 151,000 until you can full max cap.
The system herein therefore focuses on both having Seed Roots and $SWORLD to complete the perfect duo, and getting a lot more rewards from the dynamic pool.
Pool Multipliers
Maximize your staking power and rewards by choosing to stake longer:
90 Days: no multiplier
180 Days: 1.1x multiplier
270 Days: 1.2x multiplier
360 Days: 1.3x multiplier
Your Staking Power:
Max Cap of your $SWORLD in Seed Roots X multiplier according to which pool you staked. If you staked in multiple pools we will be calculating a mix of multipliers according to how much you staked in each.
Dynamic Reward Formula
Seed Roots holders earn rewards based on staking activity, split into two components:
50% Guaranteed Rewards: Each holder gets 2,000 SWORLD monthly.
50% Dynamic Rewards: Based on staking power relative to the total.
Here’s how to calculate your dynamic rewards:
Dynamic Rewards= (Holder’s Staking Power / Total Staking Power) x (Total Dynamic Rewards)
So if someone has 1% of total staking points, they would get 1% of total dynamic rewards. The more a holder’s staking power increases, the more they’d get a share from the pool. And if someone is not staking much then they would proportionally get lesser rewards from the dynamic part. Making sure that the system rewards those who keep their rewards more.
Each month the rewards will be put in daily vesting according to the combination of each person’s passive + active (dynamic) rewards during this phase 1.
A COMBINATION FOR FREE LANDs:
If you get 2 Seed Roots and stake their initial rewards of 120k $SWORLD in the 360-day staking pool, you will also get a free resource land!
The lands NFTs you have will be helpful in later phases, and getting full benefit from Seedworld’s resource economy.
SEED ROOTS TRANSFER
We will give a one time option to transfer your Seed Roots into the wallet that you are staking $SWORLD if they are in different wallets. This will happen before Phase 1 Starts so everyone can be ready.
THE PHASE 1 START
The start date of phase 1 is to be determined.