What is NGK bonus model? What is NGK recommendation award system?
NGK is a blockchain project, there are many reward models, such as buying power from block producers to get rewards, and exercising voting rights to get indirect rewards, and more like recommendation awards and community awards.
Computing power rewards
The holders of NGK tokens can be rewarded by NGK the ecological construction platform and buying power from the block producer. The main currency and NGK are first converted into USDN to the block producer to obtain computing power. The 21 block producers take turns out blocks, with an average of 3 Sec/ block, and a block can receive 14.2694 NGK awards. The specific rewards are as follows:
Level 1 computing power: Value 200–1000USDN Computing power 20–1000 Monthly earnings 4%
Level 2 computing power: Value 1000–5000USDN Computing power 100–500 Monthly earnings 6%
Level 3 computing power: Value 5000–10000USDN Computing power 500–1000 Monthly earnings 8%
Level 4 computing power: Value 10000–20000USDN Computing power 1000–2000 Monthly earnings 10%
As can be seen from the above, the more nodes are held, the more NGK tokens are obtained and the greater the income is.
On the NGK ecological construction platform, in addition to purchasing power to be rewarded, there is another way to get incentives, that is, to express opinions and opinions on the ecological problems of the community through the implementation of voting rights, and to contribute to the construction of the NGK’s main network.
Dynamic benefits (including recommendation awards)
Qualification
Level 1 computing power: get a direct push to open the first-generation dynamic qualification
Level 2 computing power: get a direct push to open the second-generation dynamic qualification
Level 3 computing power: get a direct push to open the third-generation dynamic qualification
Level 4 computing power: get a direct push to open the forth-generation dynamic qualification
50% of direct-push earnings can be obtained upon eligibility
30% of second-generation earnings
20% of third-generation earnings
10% of 4–6 generation of earnings
5% of 6–12 generation of earnings
The income authority will be based on one’s own level of computing power, the higher the computing power level, the higher level of authority, the highest can enjoy 12th-generation earnings.
Community awards
Reach the outcomes equivalent of 100,000 USDN under the umbrella (different lines) will be qualified to VIP1, reward 5% of daily earnings
Reach 3 VIP1 under the umbrella (different lines) will be promoted to VIP2, reward 10% of daily earnings
Reach 3 VIP2 under the umbrella (different lines) will be promoted to VIP3, reward 15% of daily earnings
Reach 3 VIP3 under the umbrella (different lines) will be promoted to VIP4, reward 20% of daily earnings
Reach 3 VIP4 under the umbrella (different lines) will be promoted to VIP5, reward 25% of daily earnings
Reach 3 VIP5 under the umbrella (different lines) will be promoted to VIP6, reward 26% of daily earnings
The same level within the community will suspend community earnings, with 10% of the same-level community earnings, if the VIP level is exceeded, the earnings of the region will not be obtained (the base calculation of computing power production income+dynamic income).
Global shareholder awards
A promotion to VIP5 will earn 5% of global monthly earnings
A promotion to VIP6 will earn 2% of global monthly earnings
Global shareholder dividend is calculated by calculating the base of dynamic income (excluding community income).
NGK ecological community is a long-term, stable project, in line with the general business logic, is a balanced ecosystem, a balanced ecosystem, must be able to steadily develop for a long time.
