USDC Prize Pool Distribution Preview
Tiny World
2023-09-21 17:04
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Dear Tiny Warriors👋,

We sincerely appreciate your continuous support and enthusiasm for Tiny Kingdom🥰. Based on players’ feedback and a thorough evaluation of the in-game situation, we are pleased to announce the changes to the distribution of the USDC prize pool💸 within the game as follows:

1. Title Leaderboard📜

Players who reach the title of “Scout” will be eligible for the Title leaderboard. This leaderboard will reward the top 50 ranked players. When players have the same title, the player with the higher total castle strength will achieve a higher ranking. Each player on the leaderboard will receive USDC rewards based on the corresponding reward ratio of their ranking.

This feature will go live on Oct. 7th during S3. 80% of the total season USDC rewards will be distributed in the final week of season 3, with the remaining 20% going into the season 4 leaderboard, following the same ranking rules mentioned above.

Starting from S4, distributions will occur weekly, with 60% of the USDC rewards distributed each week, and the remaining 40% will be carried over to the next week.

Title leaderboards will be settled every 📅Thursday at 8 AM (UTC)📅, and rewards will be distributed via mail.

*💵For Season 4, the Tiny World team will add an additional 600 USDC to the USDC reward pool each week, 2400 USDC in total.

The specific reward ratio corresponding to rankings is as follows:

2. Experimental Rule Adjustment: Market Tax Fee💸

Equipment and material listings will have tiered pricing tax fees based on different qualities. Here are the ranges:

The seller’s tax fee will vary based on the listing price. When the listing price is set at the tier lower limit, the fee will reach a maximum of 50%. When the listing price is set at the tier upper limit, the fee will be a minimum of 20%.

When manually inputting a price, it cannot be lower than the tier lower limit, but it can exceed the tax fee tier upper limit. Orders exceeding the tier upper limit will incur the minimum fee of 20%.

Of the collected tax fees, 8% will be used for platform fee, and the remaining amount will be added to the USDC reward pool, which will be distributed weekly through the title leaderboard from season 4.

*This adjustment will go live in Season 4.

This announcement is the current season’s experimental rules, and it will be adjusted based on players’ feedback and game data in the future. Thank you for your support, and we wish you an enjoyable gaming experience🥳!

Join our socials:

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Websites:

🏰 Official Website

⛏️ Tiny World Dapp

⚔️ Start to Play

📖 Whitepaper

Telegram Channels:

📱⚔️ Tiny World Global Channel

📱📢 Tiny World Announcement Channel

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