The BonusBlock Economy
The native token of BonusBlock, designated as $BONUS, acts as a utility and governance token for the Marketplace and the BonusBlock ecosystem:
Utility: accessing the Marketplace with users being exposed to projects, earning fees and yield on activities that projects have paid for, early access to blue-chip projects, profile listing and as a fee module. Governance: regulating decisions on the fee distribution module, participation in the marketplace economy
Participation in the Marketplace economy
Holders of $BONUS tokens have the privilege of gaining visibility from projects. The higher the wallet quality, the higher the “$” is presented to projects. To participate in the fee distribution when a project acquires a user, there are requirements to lock in $BONUS at least minimum of $75.
Regulating fee distribution to quality users from projects paid fee
The Fee Multiplier is determined by the amount of $BONUS tokens a user has locked in. A linear relationship is taking in place between multiplier and the locked amount)
BONUSlocked = 100,000, M = 0.5
0.5 = m × 100,000 + c…(i)
BONUSlocked = 500, M = 0.05
0.05 = m × 500 + c…(ii)
Reward = R × Rcirculation × M
User | Locked $BONUS | Locked Ratio against circulating supply* | Reward Ratio increase |
---|---|---|---|
User 1 | 100 000 (equivalent to $5000) | 0.0083% | x 0.50 |
User 2 | 40 000 | 0.0033% | x 0.43 |
User 3 | 25 000 | 0.0021% | x 0.41 |
User 4 | 12 000 | 0.0001% | x 0.39 |
User 5 | 9 000 | 0.00075% | x 0.37 |
User 6 | 6 000 | x… | x 0.35 |
User 7 | 4 000 | … | x 0.33 |
User 8 | 2 000 | … | x 0.31 |
* (assuming 12% is circulated, 12,000,000)
NOTE: the formula, token amounts are only for representative purposes and can be changed at any given time without a notice.
Boosted Community XP Rewards for Locked $BONUS
The amount of Community XP tokens earned per mission can vary among users based on the quantity of $BONUS tokens they have locked. The locked $BONUS amount is directly proportional to the user's ratio against the circulating supply. See examples:
User | Locked $BONUS | Locked Ratio against circulating supply* | Ratio increase |
---|---|---|---|
User 1 | 100 000 (equivalent to $5000) | 0.0083% | x 0.11 |
User 2 | 40 000 | 0.0033% | x 0.07 |
User 3 | 25 000 | 0.0021% | x 0.04 |
User 4 | 12 000 | 0.0001% | x 0.027 |
User 5 | 9 000 | 0.00075% | x 0.014 |
User 6 | 6 000 | x… | x 0.011 |
User 7 | 4 000 | … | x 0.007 |
User 8 | 2 000 | … | x 0.003 |
* (assuming 12% is circulated, 12,000,000)
NOTE: price is only as a representation of providing examples of the formula use.
User 1, who locks in 100,000 $BONUS tokens (equivalent to $5,000), secures a 0.0083% ratio against the circulating supply, resulting in a ratio increase factor of x 0.11 for Community XP tokens earned. Conversely, users locking in smaller amounts, such as User 8 with 2,000 $BONUS tokens, sees a lower ratio increase factor of x 0.003.
This sliding scale incentivizes users to lock in higher amounts of $BONUS tokens to gain a more substantial increase in Community XP tokens per mission, enhancing their rewards and engagement within the ecosystem.
Fixed fees for Locking / Unlocking / Bonding / Withdrawal
Fee type | Amount, $BONUS |
---|---|
Locking | 5 (equivalent to $1) |
Unlocking | 5 (equivalent to $1) |
Bonding | 10 (equivalent to $2) |
Withdrawal | 10 (equivalent to $2) |
$BONUS Token Buy-Back and Redistribution Strategy
BBlock Labs commits to create BONUS reserves of 25% of its B2B client revenue and further locking it into "Community Access Pool." This strategy not only supports the token's strategic purpose of a utility but also ensures ongoing engagement, attraction and rewards for the community.