Reward Mechanism
Last updated
Last updated
Walk Up creates a weekly reward mechanism, converting the number of points earned by players in a week into the number of utility tokens of the project. The conversion rate depends on the number of players and the amount of tokens earned by players. This is also known as the Halving mechanism, used for the M2E fund of WUT Token:
30% of the total token market capitalization will be distributed into the project.
The Pay-out token from the Conversion Mechanism will decrease by a certain amount compared to the previous month.
To understand more about the WUP and WUT conversion mechanism, please refer to the section below.
Weekly Reward Pool: A pool of 17,500,000 $WUT is distributed weekly among M2E participants. To counter inflation, this pool decreases by 5% monthly.
Distribution Ratio: $WUT allocation is based on the percentage of WUP earned by a user relative to the total server.
Conversion Formula: $WUT = Reward Pool x (Your WUP) / (Total Server WUP)
Weekly Reset: At 0:00 UTC +9 on every Thursday, $WUT is automatically distributed to users, and WUP earnings are reset to zero.
Creates scarcity of token supply, preventing inflation.
Fast initial unlock speed encourages user participation in the project, motivating early birds.
Stabilizes token value.
Year
Yearly Unlock
% M2E Fund
Year 1
539.169.689
35,94%
Year 2
221.209.069
14,75%
Year 3
137.476.005
9,17%
Year 4
106.172.989
7,08%
Year 5
92.151.105
6,14%
Year 6
85.234.171
5,68%
Year 7
81.638.699
5,44%
Year 8
79.715.364
5,31%
Year 9
78.670.129
5,24%
Year 10
78.097.120
5,21%
Total
1.500.000.000
100%
