Invite System
Each user/wallet will start off with 5 invites, with 5 separate keys, which can be used for one other wallet/user each.
Squad System
If the total deposits from that user and those who they invite reaches the Squad Goal, they will receive additional invites/slots.
Since END tokens are denominated in ETH 1:1000, will be counted as ETH at it’s ratio value.
Once a tier has been reached, the slots/invites are permanently unlocked.
The following are the Squad Goals valued in ETH:
<1 ETH - Tier 1
1 ETH +1 Slot/Invite - Tier 2
2 ETH +1 Slot/invite - Tier 3
3 ETH +1 Slot/Invite - Tier 4
4 ETH +1 Slot/Invite - Tier 5
5 ETH +1 Slot/Invite - Tier 6
10 ETH +5 Slot/Invite - Tier 7
20 ETH +5 Slot/Invite - Tier 8
30 ETH +5 Slot/Invite - Tier 9
40 ETH +5 Slot/Invite - Tier 10
50 ETH +10 Slot/Invite - Tier 11
60 ETH +10 Slot/Invite - Tier 12
70 ETH +10 Slot/Invite - Tier 13
80 ETH +10 Slot/Invite - Tier 14
90 ETH +10 Slot/Invite - Tier 15
100 ETH +10 Slots/Invites - Tier 16
120 ETH +10 Slots/Invites - Tier 17
150 ETH +10 Slots/Invites - Tier 18
200 ETH +10 Slots/Invites - Tier 19
250 ETH +10 Slots/Invites - Tier 20
500 ETH +10 Slots/Invites - Tier 21
1000 ETH +10 Slots/Invites - Tier 22 (Max)
Active Boost
For the deposits made total by each squad, an active boost will be applied to the entire squad and their points earned.
For every tier, the squad must maintain that level of ETH deposited, otherwise they will lose that tier’s boost and go down to a lower tier’s boost.
The active boost is applied across all deposit rewards.
Tier 1 - 0% Boost
Tier 2 - 1% Boost
Tier 3 - 2% Boost
Tier 4 - 3% Boost
Tier 5 - 4% Boost
Tier 6 - 5% Boost
Tier 7 - 10% Boost
Tier 8 - 15% Boost
Tier 9 - 20% Boost
Tier 10 - 25% Boost
Tier 11 - 30% Boost
Tier 12 - 35% Boost
Tier 13 - 40% Boost
Tier 14 - 45% Boost
Tier 15 - 50% Boost
Tier 16 - 60% Boost
Tier 17 - 70% Boost
Tier 18 - 80% Boost
Tier 19 - 90% Boost
Tier 20 - 100% Boost
Tier 21 - 150% Boost
Tier 22 - 200% Boost
It may be possible to allow for Squad Hopping if a user wants to leave a squad, they can go to a new invite link with their connected wallet which is already in one squad, and choose to switch to another squad.
Upon switching, the previous squad will of course lose that person’s deposit and thus any active boost for that tier.
Referral Bonus
For each person which joins a squad, the previous members of that squad will get a referral bonus based on the order in which they joined.
First Inviter - 16% Referral Bonus
Second - 8%
Third - 6%
Fourth - 3%
Fifth - 1.5%
Sixth - 1% (minimum)
Seventh - 1%
Eighth - 1%
… And so on
The bonus is given to all those who previously joined, meaning if the first person invites one person, they will get 16% of the points that the second person earns, but also 16% from the 3rd person, and so on, whereas the second person to join will earn 8%.
This means that the first person in the squad will get 16% from all subsequent invitees to the squad, and the second will get 8% from all of the members that join after they do, and the third person will get 6% from everyone else after them.
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