Dear Traders,
The pulse of our community beats stronger with every season, and thanks to your amazing feedback from Pulse Season 2, we're on the brink of launching an even more exhilarating Pulse Season 3 on April 25th with a daily prize pool of 10,000 PT! You've heard it right, the prize pool is even bigger. But that's just the beginning, so let's get you ready for all the exciting Pulse updates on the horizon.
Highlights of Season 3
At the heart of the new mechanism is our commitment to fostering fairness and encouraging the sharing of knowledge. We're thrilled to unveil groundbreaking features that will revolutionize the way you engage: Casting and Tipping. Get ready to be a part of a new era of interaction!
Casting - Cast is the heartbeat of Pulse, your insightful content on the platform to enlighten and engage the community. Your knowledge has the power to drive meaningful conversations. We've named these valuable contributions as "casts" – they are the stories, the advice, the discussions you share.
Tipping - Tipping is your new tool to acknowledge and reward great content. Use this feature to show appreciation for high-quality contributions. When you tip a post, you're not just rewarding the creator, but also increasing the likelihood of both your and their content securing a share of the daily prize pool.
With every tip you give, you'll get a chance to receive a Tip Allowance that contributes to your points, enabling you to claim a piece of the 10,000 PT daily prize pool. It's a win-win that keeps the quality of our community content on the rise!
Please note that the tipping function in live chat is temporarily closed. Users can still tip casts instead.
Schedule:
Last Round for Season 2: April 25th at 08:00 AM UTC
Launch of Season 3 Page: April 25th at 11:00 AM UTC
First Prize Distribution for Season 3: Starting from 0:00:00 UTC, April 26th
For more details and to refresh your memory on the previous season's highlights, check out our previous announcement here. And don't forget to update your app to enjoy all the new features!
Point Return Rule for Tipping Others
Points will be returned the next day based on tipping scores greater than 0 received on any given day. Points will be distributed among both the cast and content in the group, according to their ranking on the tipping score leaderboard.
The point return percentages are as follows:
• Tipping a cast within the top 10% will yield a 50% return on the points.
• For casts ranked between 11% to 30%, you will receive a 30% return on the points.
• Tipping any of the remaining 70% of casts will earn you a 5% return on the points.
This structured return system aims to incentivize and reward active and valuable participation within our community. Please note that the actual return rates may be subject to change based on specific circumstances.
We're eager to elevate our crypto discourse and honor your valuable insights with rewards you truly deserve!
The Phemex Team
