Rewards and Payouts
Users who have deposited $MP or own NFTs are eligible to receive dividends. The dividends are paid out in USDT.
Calculation of the Invite Reward Pool
The total amount for each user is calculated daily. If a user experiences a loss, 10% of the amount lost will be paid to their referrer.
Calculation of the Reward Pool
The reward pool is allocated to users. After all races for the day have concluded, the net profit for the day is calculated. 30% of the net profit, after deducting the invite reward pool, will be allocated to the reward pool.
Allocation of the Reward Pool
There are two types of allocations:
Race Prize Rewards
Staking Rewards
Race Prize Rewards for Participants (NFT Holders)
The allocation from the reward pool is as follows:
1st Place: 30%
2nd Place: 15%
3rd Place: 5% These rewards are evenly distributed across 30 races.
Staking Rewards
The allocation from the reward pool is as follows:
50% This is distributed among users based on the number of $MP tokens they hold, relative to the total supply of tokens.
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