Owner & Reward Balance
Detailed Guide on Owner and Reward Balance in SuperWAL
SuperWAL utilizes two types of ownership to distribute rewards and encourage community participation: Owner and Reward. Below is a detailed explanation of their calculation, rules, and additional mechanisms to help you understand how they function.
1. Owner (Measuring Your Collection Ability)
Owner Balance represents the number of tokens you earn based on your personal activity within the system. The calculation formula is:
Owner Rate (SPL/h) = Base Rate Γ SuperUP Γ Booster
Base Rate: The basic speed at which you earn tokens.
SuperUP: A multiplier based on individual or group activity.
Boosters: A multiplier earned by participating in community acceleration rounds.
KYC Requirement:
Owner Tokens will be fully received once you 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If KYC is not completed, your tokens will be recorded but cannot be withdrawn to your wallet.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 is the reward you earn by successfully referring new users. The calculation formula is:
Reward Rate (SPL/h) = Base Rate Γ SuperUP Γ Booster Γ (Referrals - 1)
Number of Referrals: The number of users you have invited to join.
How to Receive Reward Tokens:
Reward Tokens will be fully received when you have at least 5 light nodes that have completed KYC and confirmed you.
If fewer than 5 light nodes confirm you, your Reward Balance will be recorded but cannot be converted into Owner Balance or withdrawn to your wallet.
Example:
You refer 20 users and have 5 KYC-verified light nodes confirming you: You will receive the full Reward Tokens.
If only 3 light nodes confirm you, you will not receive the Reward Tokens until the requirement of 5 light nodes is met.
Notes:
If you do not have at least 5 KYC-verified light nodes confirming you, the corresponding Reward Balance will not be received.
Fraudulent KYC attempts by referred users or light nodes will also void the corresponding Reward Balance.
3. Setting Up and Joining a Quorum Slice Light Node
To ensure security, trust, and decentralization in the SuperWAL system, the Quorum Slice Light Node mechanism is implemented as follows:
Setting Up a Light Node Quorum Slice
Minimum Requirement: You need at least 5 light nodes that have completed KYC to confirm you in order to fully receive Reward Tokens. This group is called a Quorum Slice β a small set of light nodes forming a secure and reliable confirmation circle.
Confirmation Limit: Each light node can confirm a maximum of 5 other users (including regular users and other light nodes). This ensures fairness and prevents power centralization.
Mutual Confirmation: Light nodes within the same Quorum Slice can confirm each other, forming a closed trust network. However, each light node is still limited to a maximum of 5 confirmations.
Joining a Quorum Slice Light Node
Secure and Trustworthy Circle: By becoming a light node, you can confirm other users and also join a Quorum Slice to be confirmed by other light nodes. This creates a secure circle where members mutually support and monitor each other.
Participation Rules: To become a light node, you must complete KYC and commit to adhering to the systemβs regulations. Afterward, you can confirm other users or light nodes within the maximum limit of 5 confirmations.
Example of a Quorum Slice:
You (A) are a light node and confirm 4 users (B, C, D, E) and 1 other light node (F).
Light node F also confirms you (A) and 4 other users.
Simultaneously, you are confirmed by 5 other light nodes (F, G, H, I, J) to meet the requirement for receiving Reward Tokens.
4. 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 complete KYC.
Transparency and Fairness:
Owner rewards are based on individual KYC completion.
Reward rewards depend on confirmation from at least 5 KYC-verified light nodes within a Quorum Slice, ensuring transparency, decentralization, and fraud prevention.
Summary
Owner Balance: The primary reward based on your personal activity, fully received once you complete KYC.
Reward Balance: A reward for referring new users, fully received when you have at least 5 KYC-verified light nodes confirming you within a Quorum Slice.
Mandatory KYC and Quorum Slice: Critical conditions for receiving and withdrawing tokens, combined with the light node confirmation mechanism to ensure fairness, security, and transparency.
Ensure you complete KYC and either join or establish a Quorum Slice with at least 5 KYC-verified light nodes to maximize your rewards and increase the value of your tokens!
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