Reward Distribution & Vesting
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iRender’s Telegram Mini App provides a unique opportunity to earn rewards based on your activity and contribution to the platform. The total reward pool for this campaign is limited to $100,000, and rewards will be distributed proportionally based on the amount of mIRD collected by the users.
Reward Distribution
The total reward pool is capped at $100,000 and will be allocated to users according to the amount of mIRD (iRender tokens) they have accumulated. The distribution is calculated by dividing the total reward pool by the amount of mIRD in circulation.
For example:
If the total collected mIRD is 1,000,000 and you have 10,000 mIRD, you will receive (10,000 / 1,000,000) * $100,000 = $1,000.
Cliff and Vesting
To ensure fair and sustainable growth within the community, a cliff and vesting period will be applied to the rewards. These conditions help prevent immediate withdrawals and promote long-term engagement with the platform.
Cliff: This is the initial waiting period before any rewards are unlocked. During this period, no rewards can be claimed. After the cliff period ends, users will be able to access a portion of their rewards.
Vesting: After the cliff period, the rewards will be unlocked over a set time frame (e.g., months). This means that even after the cliff, the full reward amount will not be available immediately. Instead, it will be distributed gradually.
Note: Even if the details of cliff and vesting are not specifically mentioned in the campaign terms, users should be aware that these conditions will be applied as part of the reward distribution process.
How to Participate
To earn rewards, simply engage with the iRender Telegram mini app and follow the campaign instructions. Your mIRD balance will be tracked and used to calculate your share of the rewards.
Join the iRender Telegram Group
Complete the necessary tasks
Track your mIRD balance in the app
Important Notes
The total reward pool is $100,000 and is subject to change based on platform participation and other factors.
Ensure you understand the cliff and vesting periods that apply to your rewards.
Check back frequently for updates on the reward distribution process.
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