Get Goated Season 2
  • 100 Million $IOTX Distribution
  • Protocols and Tasks
  • Bridge and Staking Incentive
  • Referral
  • Contact
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100 Million $IOTX Distribution

NextProtocols and Tasks

Last updated 4 days ago

Overview

BinoBits is a points system within the IoTeX ecosystem. Users can earn BinoBits by completing various activity tasks. The number of BinoBits you accumulate will determine the amount of $IOTX you receive at the end of the event.

Learn more about Get Goated Season 2

100 Million $IOTX Distribution

A total of 100 million IOTX will be used to incentivize users who actively participate in building the IoTeX ecosystem.

Distribution Rules:

  1. The total reward pool is 100M IOTX, with a portion dedicated directly to LP mining incentives.

  2. The remaining rewards will be distributed based on BinoBits as follows:

    • The top 40% of users by BinoBits will share half of the total $IOTX prize pool, allocated proportionally to their BinoBits share within the top 40%.

    • The remaining 60% will share the other half, distributed proportionally to their BinoBits share within the remaining 60%.

Event Duration:

Three months

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