Oasis DAO - The New Era of DeFi
English
English
  • Welcome to Project OASIS
  • 📖Whitepaper
    • Preface
    • What is Project OASIS ?
    • Products and Services
      • Oasis Genesis Node
        • How to register?
        • How to subscribe node?
        • The rewards of Genesis Node
        • Smart Contract Address
      • Collection of Fire: Salamander
        • AscendFi Mechanism
        • How to register?
        • What is Admission Pass?
        • Ranking Upgrade and Re-subscribe
        • Rankings
        • Collect Fire:Salamander ( Subscription LP )
        • Withdraw Fire: Salamander(Sell LP)
        • Inviting Friends
        • Smart Contract Address
      • OASIS Protocol
    • Tokenomics
    • What is Xone Chain and $XOC
    • About South Block Capital Asia-Pacific ( SBCA )
    • Invested and Incubated Projects
    • Roadmap
    • Collabration & Ecosystem Partnetship
  • ➕Others
    • 📕FAQs
      • What is LP?
      • What is Computing Power?
      • What is Referral Reward?
      • How to Claims Rewards?
    • 🏞️Brand Guidelines
Powered by GitBook

© 2024 Oasis DAO.

On this page
  • How Ranking Upgrades Work
  • Earnings from Ranking Upgrades
  • Advantages of Ranking Upgrades
  • Upgrade and Resubscribe Process
  1. Whitepaper
  2. Products and Services
  3. Collection of Fire: Salamander

Ranking Upgrade and Re-subscribe

In Project OASIS, ranking upgrade is a necessary step for users to earn both static and referral rewards. By paying USDT to upgrade to a team member, users gain access to various rewards and benefits offered by the platform. Users who have not upgraded, even if they have completed network binding, will not receive any earnings and can only perform account binding operations.

How Ranking Upgrades Work

  1. Upgrade to by paying USDT: Users can upgrade to a team member by paying USDT. After the upgrade, they will receive corresponding hash power and a claimable reward cap provided by the platform, allowing them to participate in the platform's profit distribution.

  2. Computing Power and Rewards Cap: After becoming a team member, the system allocates corresponding hash power and a claimable rewards based on the amount of USDT paid. Computing power determines the rewards you can earn from the reward pool, while the rewards cap represents the maximum amount of rewards you can withdraw.

  3. Re-subscribe Mechanism: When your hash power or rewards cap reaches its maximum, you will no longer be able to receive additional rewards. At this point, you can perform a re-subscribe (re-subscribe team membership) to increase your computing power and rewards cap. The resubscribe cost is the same as the standard upgrade fee, and users can resubscribe as needed.

  4. Conditions for Receiving Referral Rewards: After upgrading to a team member, users are eligible for referral rewards provided by the platform. However, if a user's reward limit is exhausted and they do not perform a resubscribe, they will no longer be able to claim referral rewards. Any unclaimed rewards will automatically be transferred to the platform treasury and will no longer belong to the user.

Earnings from Ranking Upgrades

Passive Rewards: Users can earn passive rewards through ranking upgrades. As their computing power increases, the amount of rewards they can withdraw from the reward pool also grows until their computing power reaches ZERO.

Referral Rewards: Referral rewards are earned based on user interactions and platform promotions. After upgrading their ranking, users gain corresponding reward shares in the referral reward pool.

Advantages of Ranking Upgrades

Sustained Earnings: By upgrading their ranking, users can continuously enjoy both passive and referral rewards on the platform.

Flexible Resubscribe Mechanism: When computing power and reward quotas are depleted, users can resubscribe to continue earning more rewards and computing power, ensuring sustained income.

Fair Incentives: Upgrading to a team member is a prerequisite to accessing all platform functionalities and rewards. Non-upgraded users cannot benefit from passive or referral rewards, encouraging active participation.

Upgrade and Resubscribe Process

Step 1: Locate the [Upgrade] button on the home page and click it. This will trigger the upgrade operation popup.

Step 2: Review the upgrade information and read the instructions in the popup to understand the relevant details. Once confirmed, click the [Resubscribe Now] button, which will open your wallet authorization popup.

Step 3: In the wallet authorization popup, confirm the details and proceed with the authorization. After authorization, wait briefly for the contract confirmation to complete the upgrade. Once completed, your membership badge will be displayed on the relevant information page.

*Illustration of Ranking Upgrades will be added later*

Project OASIS Ranking Upgrade is the foundation for enjoying all rewards and benefits on the platform. By paying USDT to upgrade to a team member, users gain corresponding computing power and reward quotas and can maintain sustained earnings through the resubscribe mechanism. Non-upgraded users will not have access to platform rewards, incentivizing active participation in the ecosystem. After upgrading to a team member, users can earn both passive and referral rewards and optimize their earnings through ongoing resubscribes.

Notes:

1.⁠ ⁠When understanding the purpose of the Project OASIS Ranking, allocate your subscribe quotas and computing power reasonably.

2.⁠ ⁠Ranking upgrades directly affect your or your team’s earnings. Ensure your wallet has sufficient funds and network GAS fees to avoid failed transactions during the upgrade process.

3.⁠ ⁠All platform transactions can be queried through the corresponding blockchain explorer, ensuring complete transparency.

4.⁠ ⁠Project OASIS does not constitute any investment advice. Please allocate resources reasonably based on your or your team's actual circumstances.

PreviousWhat is Admission Pass?NextRankings

Last updated 4 months ago

📖
Page cover image