Prodds Product Explainer
  • Welcome to Prodds
  • Prodds Predict
    • How to Make Prediction?
    • What is Loss Shield?
    • Types of Prodds Prediction Pools
    • How to Claim Winnings?
    • Fees and Charges
  • Prodds Arena
    • Coming Soon
  • Account
    • KYC Verification
    • Deposit and Withdrawal
    • Disputes and Complaints
  • Tokenonics
    • Prodds Ecosystem
    • Utility Token - $RDM
      • How to get $RDM
      • How to redeem $RDM?
    • Governance Token - $PRD
      • $PRD Supercharger
      • Token Allocation
      • Release Schedule
  • NFT Utility
    • Prodds Box
    • Predict Slip
  • Responsible Gaming
    • What is Responsible Gaming?
    • Tools to Stay Responsible
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  • Minimum Rewards
  • Eligibility Criteria:
  • Rewards:
  1. Tokenonics
  2. Governance Token - $PRD

$PRD Supercharger

The $PRD Supercharger is a unique reward mechanism designed to distribute $RDM from the Community Reward Wallet to active $PRD holders. Eligible wallets that meet specific criteria can participate in the Supercharger to earn $RDM rewards.

Minimum Rewards

The $PRD Supercharger can only be activated when the Community Reward Wallet holds a minimum of 100,000 $RDM. Once the DAO is established, eligible $PRD holders will be able to propose adjustments to this minimum reward threshold.

Eligibility Criteria:

To participate in the $PRD Supercharger, a wallet must meet the following criteria:

  1. Minimum $PRD Holding: Hold at least 0.01% of the total circulating supply of $PRD.

  2. Prodds Predict Slip NFT Holding: Hold a minimum of 5 Prodds Predict Slip NFTs.

  3. Prodds Box NFT Holding: Hold at least 1 Prodds Box NFT.

Rewards:

  1. Participant Rewards: 30% of the total rewards are equally distributed among all eligible participants.

  2. Stake Rewards: 30% of the rewards are distributed based on each participant’s staked $PRD proportion relative to the total $PRD staked.

  3. Predict Rewards: 30% of the rewards are distributed based on the number of Prodds Predict Slip NFTs held by each participant.

  4. Platform Contribution: The remaining 10% of $RDM rewards is allocated to the Prodds Treasury Wallet to support daily operations.

Example

Assuming the Prodds Community Wallet has 100,000 $RDM, and Peter meets all eligibility criteria with the following details:

Total participants: 1,000 Total $PRD staked by all participants: 1,000,000 Total Predict Slip NFTs held by all participants: 1,000

Peter's $PRD staked: 10,000 Peter's withdraw and held 10 effective Prodds Predict Slips

In this situation, Peter will get: Participant rewards = 30 $RDM (100,000 x 30% / 1,000) Stake rewards = 300 $RDM (100,000 x 30% x 10,000 / 1,000,000) Predict rewards = 300 $RDM (100,000 x 30% x 10 / 1,000) Under this situation, Peter can get 630 $RDM via the $PRD Supercharger Program.

Detailed terms and conditions for the $PRD Supercharger will be provided upon the official event launch.

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Last updated 6 months ago