💍Owner & Reward Balance
Detailed Guide on Owner and Reward Balance in Superlott
Superlott uses two types of ownership to distribute rewards and encourage community participation: Owner and Reward . Below is a detailed explanation of their calculation and rules to help you understand how they work.
1. Owner (Measuring Your Collection Ability)
Owner balance represent the number of tokens you earn based on your personal activity within the system. The calculation formula is:
Owner Rate (SPL/h) = Base rate × SuperUP × Booster
Base rate: The basic speed at which you earn tokens.
SuperUP: A multiplier based on personal or group activity.
Booster: A multiplier earned by participating in community acceleration rounds.
KYC Requirement:
To receive and withdraw all Owner Tokens, you must complete KYC.
If KYC is not completed, your tokens will be recorded but cannot be withdrawn to your wallet.
2. Reward (Measuring Your Network Expansion Ability)
Reward Balance are rewards you earn by successfully referring new users. The calculation formula is:
Reward Rate (SPL/h) = Base rate × SuperUP × Booster × (Rewards - 1)
Rewards: The number of users you have referred.
How to Convert Reward balance to Owner balance:
Reward balance can only be converted to Owner balance if the users you refer complete KYC.
Example:
You refer 10 users, but only 7 complete KYC.
The portion of Reward Tokens converted to Owner Tokens will be: Total Reward × 70% (KYC completion rate).
The remaining 30% (from users who fail to complete KYC or commit KYC fraud) will not be converted, and you will not receive it.
Notes:
If referred users do not complete KYC, the corresponding Reward balance will not be converted to Owner balance.
Fraudulent KYC attempts by referred users will also void the corresponding Reward balance.
3. Important Notes About Tokens
Real-Time Calculation:
Tokens are calculated every minute based on the formulas and automatically added to your assets.
Owner Balance Withdrawal Condition:
To withdraw Owner Balance to your wallet, you must also complete KYC.
Transparency and Fairness:
All rewards are based on the KYC completion rate to ensure transparency and prevent fraud.
Summary
Owner Balance: The primary reward based on your personal activity, requiring KYC for full access.
Reward Balance: A reward from referring new users, converted to Owner Tokens based on the KYC completion rate of referred users.
Mandatory KYC: A crucial condition to receive and withdraw tokens, ensuring fairness and transparency.
Make sure both you and your referred users complete KYC to maximize rewards and increase the value of your tokens!
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