🧃Vimverse Point

[Details are subject to change]

Staking sVIM to Earn VIP

Users can earn VIP (Vimverse Point) at no cost by locking and staking sVIM, the exclusive method to acquire VIP.

VIP is non-transferable but can be exchanged for tokens or NFT airdrops from Vimverse ecosystem GameFi projects. VIP holders are also eligible for participation in Vimverse platform governance.

VIP Earning Details

The VIP staking pool has a 30-day lockup period.

During this period, withdrawal of staked sVIM is restricted, but you continue earning VIM rebase rewards. At the end of the 30-day lockup period, you can earn up to xx times VIP rewards.

Upon initiating staking, 5% of these rewards become immediately claimable, while the remaining 95% will be gradually released over the course of 365 days.

Upon completion of the lock-up term, users can:

• Withdraw everything, receiving both the staked sVIM and unclaimed income VIM.

• Withdraw only the VIP, leaving the staked sVIM to continue earning VIP up to the limit.

VIP Earning Acceleration

When staking sVIM for the first time, you will receive a 2x rewards acceleration bonus for 15 days. If you increase your sVIM stake by 5% over the initial staked amount within those 15 days, the 2x bonus period will be extended accordingly. Adding more sVIM to the stake during an active 2x bonus period will not extend the lock-up period.

Invitation Rewards

The bond-purchase invitation relationship extends to VIP earnings. A first-level inviter receives 16% of their invitee’s VIP earnings, and a second-level inviter receives 8%. For instance, if A invites B, and B invites C, and C stakes 100 sVIM in the 7-day pool, A would earn 3.2 VIP as an invitation reward, and B 1.6 VIP. Subsequently, if C earns 10 VIP, A would receive 1.6 VIP and B 0.8 VIP."