SeaFi SPoint
Last updated
Last updated
To participate in token sales on the SeaFi IDO Launchpad, users must hold a specific tier, determined by the number of SPoints they have accumulated. There are 9 distinct tiers, each with a specific SPoint requirement, allowing participants to easily progress and unlock the tier of their choice.
Below is a breakdown of the SPoints required for each tier:
Tier 1: 1,000 SPoints
Tier 2: 3,000 SPoints
Tier 3: 6,000 SPoints
Tier 4: 10,000 SPoints
Tier 5: 16,000 SPoints
Tier 6: 30,000 SPoints
Tier 7: 40,000 SPoints
Tier 8: 60,000 SPoints
Tier 9: 100,000 SPoints
The formula to determine your tier is straightforward:
Tier = SPoints = Multiplier x amount of staked SPT
For example, you decide to stake in three pools, each with a different amount of staked SPT according to the image above. Here's how the SPoint will be calculated for each pool:
Silver Pool SPoint = 2,000 x 1 = 2,000
Gold Pool SPoint = 4,000 x 1.2= 4,800
Platinum Pool = 10,000 x 1.5 = 15,000
Total SPoint = 2,000 + 4,800 + 15,000 = 21,800
With 21,800 SPoint, you qualify for Tier 5.