Announcing the New Reward Model from RealtyX and DeBox: Unleash the Potential of RST and vDBX

Jade
RealtyX DAO
6 min readJul 8, 2024

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Dear DeBox and RealtyX Community Members,

We are thrilled to unveil our brand new RST mining model, a synergy of DeBox’s Web3 social features and RealtyX’s RWA token (RST). By holding RST and participating in our Active Points Leaderboard, you can easily earn vDBX, unlocking significant market value from both assets. Here are the details and rules of this exciting new initiative.

And for a limited time, between June 6th and June 15th, you can boost your vDBX rewards even further by earning extra $vDBX tokens when you purchase RST! Here are the details and rules of this exciting new initiative.

What are DeBox and vDBX Points?

DeBox is a Web3 social platform that integrates Web3 features with an in-built crypto wallet. It aims to create an open platform for users to connect, interact, and engage with the Web3 community in a decentralized manner.

vDBX is DeBox’s upcoming on-chain asset. Currently, a fixed amount of vDBX is produced daily within the DeBox ecosystem and distributed to miners. However, as the project gains popularity, the cost to mine vDBX is increasing dramatically. To cover costs and achieve significant returns, users need to invest up to $10,000 worth of digital assets.

Our new RST mining model is designed to allow users to earn vDBX at a minimal cost, lowering the participation barrier and enabling more users to benefit from both the RealtyX and DeBox ecosystems.

What is RST?

RST (RealtyX SPDD Token) is a Real World Asset (RWA) token in the RealtyX ecosystem, issued as an ERC-20 token on the Base blockchain. These tokens provide holders with governance rights, allowing them to participate in decisions related to underlying real estate assets, as well as offering passive rental income. As an RWA token, RST generates income and maintains a relatively stable market value (typically around $50). This makes it a foundational asset in the Web3 economy, offering stable returns.

Combining RST with vDBX creates a high-yield asset portfolio, highlighting the significant potential of this synergy. Additionally, RST holders will benefit from an airdrop during the TGE (Token Generation Event) of RealtyX’s governance token, RX. This further enhances the long-term value and appeal of RST, ensuring holders gain more benefits and opportunities within the RealtyX ecosystem.

How to Mine vDBX by Holding RST

Getting Started

In collaboration with DeBox, RealtyX community members can unlock vDBX mining opportunities at a minimal cost. By simply holding a RealtyX Launch Pass and $50 worth of RST, you can start mining vDBX. This is an excellent example that showcases the potential of combining RWA tokens with SocialFi projects.

Additionally, we have developed a fairer reward mechanism — the Active Points Leaderboard. Users can easily track their ranking and the amount of vDBX they earn daily.

Calculation of Active Points

A user’s Active Points are calculated by multiplying the number of RSTs they hold by a multiplier. The formula is:

Number of RST x Multiplier = Active Points

Calculation of the Multiplier

The multiplier is determined by the number of RSTs the user holds and whether they were acquired through purchase. The minimum multiplier is 0.1 and the maximum is 2. If a user’s RSTs were all acquired through raffle, their multiplier will be fixed at 0.1. If a user holds at least one RST acquired through primary market purchase, the multiplier is 1; if they hold 5 or more purchased RSTs, the multiplier reaches the maximum value of 2.

  • Regardless of the number of RSTs acquired through raffle, the multiplier remains 0.1.
  • Holding 1 RST acquired from RealtyX official primary market: the multiplier is 1.
  • Each additional RST increases the multiplier by 0.25, up to a maximum of 2.

For example:

  • User A holds 1.5 RSTs acquired through raffle, the multiplier is 0.1, and daily Active Points is 0.15.
  • User B holds 16 RST, the multiplier is 2, and daily Active Points are 32.
  • User C holds 14 RST, the multiplier is 2, and daily Active Points are 28.
  • User D holds 2 RST, the multiplier is 1.25, and daily Active Points are 2.5.
  • User E holds 1 RST, the multiplier is 1, and daily Active Points are 1.

Example of vDBX Allocation

Assuming only the four users above have participated in the ranking on a given day, and the total daily vDBX distribution is 100, the vDBX per Active Point would be:

100 / (32+28+2.5+1) = 1.571

The users would receive vDBX based on their Active Points as follows:

  • User A receives 0.235 vDBX.
  • User B receives 50.272 vDBX.
  • User C receives 43.988 vDBX.
  • User D receives 3.927 vDBX.
  • User E receives 1.571 vDBX.

RealtyX will update the total amount of daily rxvDBX (i.e., vDBX) emissions every now and then. Please stay informed by checking the latest information on the RealtyX official website.

vDBX Distribution Process

Currently, vDBX is produced through mining but remains vested in RealtyX’s treasury wallet. To facilitate easy on-chain management and tracking of these assets, we have deployed a smart contract for an asset equivalent to vDBX, named rxvDBX. This asset will be automatically airdropped daily to eligible users. If an airdrop falls on a weekend or public holiday, it will be automatically pushed to the next business day.

When vDBX is unlocked by DeBox, rxvDBX holders can exchange it 1:1 through RealtyX’s official platform.

rxvDBX contract address

Boost Your Yields! Get Extra $vDBX When You Buy $RST (Limited Time)

Get EXTRA $vDBX to boost your yields when you buy $RST between June 6th and 15th!

This exciting offer allows you to gain additional rewards on top of your regular $RST earnings. These extra $vDBX tokens will contribute to even higher returns on your holdings.

The chart below illustrates the potential increase in $vDBX rewards based on your $RST purchase amount. As you can see, higher $RST purchases translate to a significant boost in your earned $vDBX tokens.

RST Purchases vs ROI in Days

Understanding the Chart:

  • Green Line: This line represents the potential amount of bonus $vDBX tokens you can earn based on your $RST purchase amount. The higher your $RST purchase, the more $vDBX tokens you’ll receive.
  • White Line: This line shows your estimated payback period, which is the number of days it may take to recover your initial $RST investment based on the combined value of your $vDBX airdropped and the bonus $vDBX you earn.

Act now and take advantage of this limited-time offer!

Benefits of Holding RST

By holding RST, users can participate in vDBX mining at a minimal cost and unlock higher-level mining efficiency. Additionally, as a premium RWA token, RST is backed by real-world assets like real estate, providing stable returns such as rental income.

This collaboration between RealtyX and DeBox is an innovative experiment: RST unlocks the composability of the Web3 economy, bringing unprecedented on-chain value to Web3 users. We will continue exploring composable economy models based on RealtyX RWA tokens, further leveraging the infinite potential of RWAs.

Join us now to be part of the DeBox and RealtyX ecosystem and unlock the unlimited potential of RST!

Learn more about RealtyX

Important Note:

  • For Your Information:
  • The ROI you see in this promotion assumes a vDBX price of $0.531 and a daily emission of 100 vDBX tokens. This is a hypothetical scenario to give you a general idea of potential returns.
  • Here’s why the actual ROI might differ:
  • Market Fluctuations:* The real-time price of vDBX can change throughout the day, impacting the final value of your earned vDBX tokens.*
  • Variable Daily Emission:* The actual daily amount of vDBX tokens emitted from our airdrop pool might slightly differ.*
  • This article is for informational purposes only. None of the content constitutes financial advice, and it should not be considered as such. Users are strongly encouraged to conduct their own research and consult with personal financial advisors before making any financial decisions or investments. The content presented here is not intended to be a substitute for professional financial advice, and we do not assume any responsibility for actions taken based on the information provided.

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Jade
RealtyX DAO

Head of Marketing at RealtyX DAO. Exploring NFTs and the metaverse