Iagon ISPO Loyalty Rewards Program Announced
✅ 3M $IAG for our pool delegators who will miss no more than 3 epochs in total
On top of regular ISPO rewards, delegators can get additional rewards by qualifying for our Bonus Reward Program. Based on how long and how much you delegate you can win a significant amount of Bonus $IAG.
This 3M extra $IAG reward will be shared between all participants eligible for bonus rewards. The amount of rewards is governed by the weighting factor, which ensures that top categories receive proportionally higher rewards than lower categories. For example a 3x reward will always be 3 times larger than a 1x reward. It does NOT mean it triples your ISPO IAG rewards. Your bonus reward is not related to how much $IAG you accumulated, but instead on how many people qualified in the Bonus Reward Program and which weighting factor you got. See equation and example below for more details.
💡 Min stake is 500 $ADA
A 500 ADA minimum is applied to discourage people from creating many wallets in order to game the Bonus Reward mechanism.
Epochs don't have to be consecutive (only total number of epochs matters).
🔍 Rewards will be distributed according to vesting schedule at the end of ISPO among all eligible delegators.
ISPO Key Facts
Iagon’s ISPO started on April 20th 2022, 21:45 UTC.
💸 Total ISPO Rewards - 70M $IAG
🛑 ISPO Ends when rewards are exhausted
✅ Conversion rate of 0.02 $IAG per 1 ADA staked
Pool ID: a790a551d217bafb8548f2e92f20b56b63980d5a320af1cc65402328 -> direct link
Check more FAQ about it here > https://bit.ly/3jYspG0
About Iagon
Iagon aims to revolutionize the cloud by developing a storage platform and a processing platform where anyone can profit from shared resources. The whole value proposition circles back to the potential of blockchain technology by letting device owners join the storage and processing power grids to create a completely decentralized data cloud and supercomputer.
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