Staking System
The reward system involves the monthly payouts according to the following scheme:
- 0.21% of market cap in UDST every month is distributed to all GRNL token stakers –
- 0.21% of market cap in USDT every month is distributed across all Greenlers consumers in prioritized descending order with respect to previous order/transaction/purchase amount (USDT), whilst factoring in the date of purchase – (as recent purchases/transaction hold most weight as the 10% annual depreciation rate is applied from date of order/transaction/purchase
The first part of airdrops – 2.5% of the annual market cap – we will distribute among absolutely all token stakers at the time of distribution of rewards. Rewards will be paid every month on a random day (0.21% of market cap per month). The amount of the reward for each holder depends on how many GRNL tokens he owns: the more tokens, the higher the reward.
The second part of airdrops – 2.5% of the annual market cap – will be distributed in the same way every month (0.21% of market cap per month). But those airdrops will go to the buyers of the Greenlers products. Each customer will have a Loyalty parameter, which is calculated based on their purchase history.
The Loyalty parameter is affected by the following characteristics:
- Price of purchase
- Age of purchase
The purchase amount has the following effect on the Loyalty parameter: for the first year, the full purchase price is taken into account. After that, each year, the amount of such a purchase is reduced by 10% from the principal amount when calculating the parameter. The date of a particular transaction is relevant as the most recent transactions hold most effect, the effect of transaction wears off/depreciates over 10 years at 10% depreciation each year. This formula gives newcomers the chance to be just as valued and important as the early investors.
Thus, we have a fairly clear formula for calculating the Loyalty:
Based on this parameter, we will determine the reward amount for each customer as follows:
Reward Timing = Monthly reward pool * Loyalty
The payout will be paid in USDT once a month, the monthly cycle consists of 5 days open-vault period -which participants can enter or enter or exit the staking pool, after the 5 days have passed the tokens are locked for 25 days, within these 25 days the payout/airdrop/reward will be distributed at a random date and time, each months reward distribution will occur simultaneously (at the same time) to all those eligible.
Monthly staking rewards and their percentage rate can be reviewed every 4 months, and in a worst case scenario it can be paused if overall eco-system is not profitable or doesn’t token pools don’t have enough liquidity and/or gas fees to perform the payout/airdrop, this pausing including the pausing of credit-backs would technically mean the entire Greenlers eco-system is function in ‘safe-mode’ which is defined in more detail within the disclaimer and T&C section. This review happens once every 4 months, and the rate can be changed or resumed during the next review period.