Xend Finance Pre-Launch Rewards Program Leaderboard
We are excited to announce the launch of our leaderboard to track winners of our Pre-Launch Rewards Program. The tracking starts from March 15th, 2021 and would end April 5th, 2021.
The Leaderboard has been designed in a way that the strong supporters of the platform that make a lot of transactions and save on the platform stand a chance of getting selected amongst the winners. 200 out of the 400 winners will be picked from the leaderboard based on the transaction volume and the amount of total fund used for saving in the platform right from the pre-launched announcement date, 15th March
You can check out the Leaderboard here: https://bsc.xend.finance/leaderboard
Calculation of Leaderboard Points
Address: This is the BSC address of the participant. Transactions made by each user address can be verified on the Binance Smart Chain Explorer.
Tx. Count: This is the number of transactions performed by a particular user address, within the specified period.
Tx. Volume: The is the total amount deposited in BUSD by a particular address for the specified period.
Lock Ratio: The Lock ratio is the ratio of the funds which are currently locked in the smart contract using any of the savings strategies: Personal, Esusu or Cooperative to the Tx. Volume (as described above).
Lock Ratio = Locked funds / Tx. Volume
Platform Impact Score (PIS): This score determines the ranking of a user on the leaderboard and it is a measure of a user’s activity on the platform in terms of Transactions Count and Transaction Volume.
PIS = Tx. Count * Tx. Volume * Lock Ratio
So there you have it. The more you perform transactions and save, the higher you rank on the leaderboard. So what are you waiting for? Start saving today and stand a chance to get rewarded in $XEND tokens.
More Exciting News
This leaderboard is going to be the official Xend Finance Leaderboard. Every month, the top users on the leaderboard will be rewarded with $XEND tokens based on the parameters that govern the leaderboard.
It is also worth noting that the Xend Finance reward pool will be activated in a few weeks and users who save (lock) funds for a month and above will receive $XEND Tokens in reward.
Reminder: The Mainnet Pre-Launch Reward Program was extended from 22nd March till 5th of April. This means that the campaign will be closed by 5th of April, 15:00 UTC and winners will be announced after.
For any queries, feedback, or just a friendly “Hi”, reach out to us on:
Telegram — https://t.me/xendFinance
Twitter — https://twitter.com/xendfinance
