Pledge & Earn XBG
Last updated
Last updated
Overview
The XBG Reward Program is an initiative to reward active XBG holders and liquidity providers.
This program differs from staking as the tokens pledged stay in participants’ wallets. However, selling or transferring the pledged tokens during an ongoing season will forfeit the rewards of that season.
To pledge XBG tokens, go to https://xbg.xborg.com/pledge
Pledging XBG Tokens
The program consists of consecutive one-month seasons. Season 1 starts on August 21st with a 1,000,000 XBG reward pool.
Participants can pledge any amount of XBG tokens held in their wallet once the season starts.
Every day, participants will accumulate points based on the number of tokens pledged, taking into account the reward multiplier (explained below).
Once the season ends, each participant’s total amount of points defines their share of the XBG reward pool. The rewards will be distributed automatically on the Arbitrum network in the days following the end of a season.
Multiplier
Participants can increase their rewards in multiple ways. To reward community members who add value to the XBorg ecosystem, additional multipliers will be added to incentivise active contributors.
The initial multipliers (which are cumulative) include the following:
Governance Voter (defined as a holder that voted on the latest proposal): x1.1 (10% boost)
Prometheus NFT Holder: x1.2 (20% boost per NFT)
Chestplate NFT Holder: x1.025 (2.5% boost per NFT)
Seasons Streaks (pledging tokens for consecutive seasons): x1.05 to x2 (max cap) (5–100% boost)
FAQ
Can I pledge tokens multiple times?
No, you can only pledge tokens once per season.
What happens to the tokens pledged?
The tokens you pledge stay in your wallet.
What happens if I sell/transfer the tokens I pledged?
Selling or transferring tokens you’ve pledged before the end of a season will forfeit your reward for that specific season.
When can I pledge tokens?
You can pledge tokens once at any stage during an ongoing season. The sooner you pledge, the bigger your share of the reward pool will be.
Do I have to pledge tokens again when a new season starts?
Yes. At the beginning of each season, you can pledge tokens to participate in the new season. There will be a 1–2 day period between seasons.
