Unveiling the Reward Algorithm and Conditions for MiSon Protocol’s SON Token
MiSon Protocol’s SON token has been making waves in the crypto world with its innovative features and attractive incentives. To maximise the value of the token financial model, MiSon Protocol has devised a reward algorithm and set specific conditions for various modules. These modules include protocol interaction and airdrop rewards, LP pledge liquidity rewards, sharing LP pledge liquidity rewards, staking behaviour incentives, and deposit user rewards.
Protocol Interaction and Airdrop Rewards
MiSon Protocol incorporates an interactive reward contract called MiSon Airdrop, which reserves a portion of the token for exclusive rewards. Users can participate in protocol interaction by actively checking all MiSon social websites and completing specific actions. By doing so, they have a chance to receive random token rewards.
Below are some of the ways users can get SON token rewards:
1. LP Pledge Liquidity Rewards
MiSon Protocol aims to ensure sufficient liquidity for its tokens by rewarding individuals participating in LP pledges. Apart from the social community, any user can earn token rewards by pledging liquidity.
The reward is determined based on the proportion of the user’s LP in the entire network. Users’ LP is automatically converted into computing power, represented by the computing force ratio, which is as follows;
2. Sharing LP Pledge Liquidity Rewards
To foster community value during construction, MiSon Protocol rewards participants who share in the LP pledge liquidity rewards. Users who contribute to LP pledges and generate profits enable sharing users to receive rewards based on the corresponding LP users’ profits. This sharing rewards system ensures that participants are incentivised while contributing to the growth and success of the community.
3. Staking Incentives
The staking model within MiSon Protocol serves two purposes: increasing token profitability scenarios and strengthening community cohesion and consensus.
Through regular promises of token cycles, MiSon Protocol provides token holders additional computing power, allowing them to generate profits.
This motivates users to hold and stake their tokens, thus increasing their value over time. The presence of a DeFi module on MiSon makes it easier for developers to build DeFi applications, further enhancing the token’s utility and value.
4. Deposit User Reward Algorithm
The Deposit user reward algorithm is designed to provide attractive returns to depositors. Several factors, including the initial deposit amount and the deposit duration, influence the potential annual return for an investor in the MiSon Protocol.
MiSon Protocol provides a competitive annual percentage yield (APY) that ensures attractive returns for depositors. With the annualised APY of the DEX AI order flow arbitrage being 24–30%, and the annualised APY of the non-destructive liquidity arbitrage of the lending protocol being 5–8%, MiSon’s overall annualised return APY is 30%+. As such, investors can benefit from a significant boost to their deposited funds, enhancing the potential returns and overall profitability.
More interestingly, there is an additional SON bonus in addition to the deposit earnings earned, which is not available in other programs. It is equivalent to the value of the additional benefits attached to deposit liquidity participation in the MiSon Protocol as well as the deposit earnings.
Below is the formula used to calculate how much SON bonus is earned:
R is the net income earned in the last 24 hours of the protocol.
TR is the total available liquidity for the Token.
K is the total amount of deposits made in the past 24 hours, which is the average of G1 unit deposit income, and G is the total value of 100 units (shares).
V is the current market price of the Token.
F is the token reward per 1-unit (100 USDT) deposit.
S is the time weight, corresponding to the same deposit amount, the rewards obtained and the actual rewards (sf) are different if S is different.
Final Thoughts
MiSon Protocol’s SON token is a prominent player in the crypto world, driven by its innovative features and attractive incentives. The unveiling of the reward algorithm and conditions for the SON token showcases MiSon Protocol’s commitment to maximising token value and fostering community growth. With its extensive reward plan for SON token, MiSon Protocol has created a comprehensive ecosystem that encourages active participation and contributes to the token’s long-term profitability.
For more information about the MiSon Protocol, please visit:
MiSon Official Website: https://www.mison.finance/v/#/
Twitter: https://twitter.com/MisonProtocol
Instagram: https://www.instagram.com/MiSonProtocol/
Telegram chat: https://t.me/MiSonProtocolio
Telegram channel: https://t.me/MiSonProtocol
Linktree: https://linktr.ee/misonprotocol
