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General

Understanding the Rewards Dashboard

Understanding the Rewards Dashboard ENTRY PASSES AND USES :- 1. Entry Pass Options: Users currently have the choice to mint either a mainnet entry pass or a testnet entry pass. They also have the option to select which network’s entry pass they want to mint.


Understanding the Rewards Dashboard

ENTRY PASSES AND USES :-

1. Entry Pass Options: Users currently have the choice to mint either a mainnet entry pass or a testnet entry pass. They also have the option to select which network’s entry pass they want to mint. The mainnet networks include BNB, Polygon, zkFair, and Manta, while the testnet networks include Taiko, Zeta, Holesky, and Goerli.

2. Multiplier Decider: All mainnet and testnet entry passes determine the multiplier for the user’s points on the dashboard. This multiplier system will be elaborated upon further.

3. Multiplier Concept: The dashboard employs a multiplier system, which is best understood with the help of an image. The maximum combined multiplier a user may achieve, combining testnet and mainnet, is capped at a total max 10x multiplier. Even if new networks are added in the future, the maximum multiplier remains capped at 10x.

4. Value of Entry Passes: Different entry passes hold varying values and offer different multipliers. For instance, the BNB entry pass holds the most value and offers the highest multiplier.

5. Multiplier Options Mainnet: Users can claim different multipliers based on the number of entry passes they mint. For example, on the BNB chain, users can claim a 2x multiplier by minting 3 entry passes or a 3x multiplier by minting 5 entry passes. Similarly, Polygon offers a 1x multiplier for minting 5 passes.

6. Options for Other Networks: Each network, such as zkFair and Manta, also offers multiplier options based on the number of entry passes minted. For example, zkFair offers a 1x multiplier for 3 entry passes or a 2x multiplier for 5 entry passes, while Manta offers a maximum 1x multiplier for 5 entry passes.

7. Reward Multipliers Testnet

Users can receive a 2x multiplier by accumulating 10 entry passes for any network on the testnet.

Alternatively, they can earn a 3x multiplier by obtaining 20 entry passes for any network on the testnet.

Mint and Stake functionality and uses in the Dashboard :-

1. Availability of Mint and Stake Features: The functionality to mint and stake NFTs in the Blazpay reward dashboard will be accessible on both the mainnet and testnet networks.

2. Staking Limits: Users can stake up to a maximum of 20 NFTs on the mainnet network and 10 NFTs on the testnet network.

3. Maximum Reward Caps: There will be a cap on the maximum rewards users can collect. For the mainnet network, the cap is set at 400,000.00, and for the testnet network, it is 200,000.00. This cap will apply to rewards earned from the date of the article’s publication onwards, while rewards earned before will not be subject to this cap.

4. Supported Networks: The mainnet network includes BNB, Polygon, Zkfair, and Manta, while the testnet network comprises Taiko and Holesky.

5. Hourly Reward Rates: Users will earn rewards at a rate of 30 points per hour on the mainnet network polygon,zkfair and bnb and 20 points on Manta . The Testnet will be 10 points per hour on the testnet network.

6. Minting Cost: The cost to mint NFTs within the dashboard will be at $0.1 for Manta(closing soon) and 0.5 for Polygon, Bnb and zkfair . Please not the gas fees charged apart from this is not under our control but rest assured the token reward at the end will be all worth the effort and funds you have put inn including the gas fees paid .

Please also Note that it is not mandatory for a user to perform any Mainnet Activity and one can just explore the Testnet networks . We highly recommend to wisely use and understand the working as definitely the reward benefits will be higher for any user who performs Mainnet activities.

Token Distribution for Users :-

1. Clarification on Point Conversion and Ratio Establishment:

- The method for converting dashboard points and determining the applicable ratio has been specified. This pertains exclusively to the dashboard leaderboard, as well as points earned through minting and staking NFTs.

2. Calculation Process:

- Users should sum up their current points, including those accrued from the leaderboard and staking rewards. This total is then divided by 2200 to ascertain the number of tokens they’ll receive.

3. Snapshot Timing and Capping System:

- A snapshot will be captured on the day of this article’s release to mark the commencement of a capping system on staking points. Moving forward, users will be limited to obtaining 400,000.00 points for each mainnet and 200,000.00 points for each testnet networks

This explanation ensures clarity regarding the conversion process, ratio determination, and the implementation of caps on staking points.

4. Other platforms like zealy,galxe and Taskon will have a certain percentage of the airdrop which will be calculated 15 days before the TGE Event and details to check that will also be provided

About the Author

Ryan Becker is a cryptocurrency researcher and analyst who writes about blockchain technology, DeFi ecosystems, and digital asset markets. With a strong focus on real-world utility and emerging Web3 trends, Ryan simplifies complex topics for everyday users while offering deep insights for advanced readers. His work aims to make crypto more accessible, transparent, and understandable for everyone.

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