Omnipoints
A new initiative that rewards dedicated users in Entangle’s Ecosystem with a multi-layered system offering exclusive access.
Omnipoints are a novel, community-centric point system designed to reward early participation and provide tangible value within the Entangle ecosystem.
This system reflects Entangle's commitment to community engagement and decentralization, distinguishing itself from traditional finance and conglomerate-driven models.
By offering diverse earning opportunities and integrating rewards across various projects, Omnipoints ensure that early and dedicated participants are valued and rewarded.
Omnipoints Mechanics
Omnipoints are earned through a multi-faceted approach, ensuring that users' diverse contributions are recognized and rewarded. The earning mechanisms include:
Staking NGL Tokens: Participants can stake NGL tokens, with a weighted average of 12 based on the amount staked.
Holding Webverse NFTs: Users holding Webverse NFTs will receive a weighted average of 3, contingent on both the amount and duration of the stake.
Utilizing the Entangle Bridge: Engagement with the Entangle bridge offers a weighted average of 1 for Omnipoints accrual.
Social Activities: Although currently undefined, social activities will constitute an additional avenue for earning Omnipoints.
Late Stakers and Booster Programs
Entangle has instituted booster programs for late stakers. These programs enable users who missed initial staking opportunities to lock their stakes in NGL or Webverse, thus boosting their scores through multipliers.
Utilization of Omnipoints
Omnipoints are integral to accessing exclusive rewards across various projects within the Entangle ecosystem. Each project employs a distinct points system based on specific activities and metrics.
ZeroSum Example:
Earning Power Points: Participation in ZeroSum modules such as tournaments, challenges, and predictions accrues Power Points.
Calculating Total Points:
Earned 500 Power Points from ZeroSum activities.
Staked NGL and Webverse NFTs and used the E-bridge, earning 2000 Omnipoints (2x multiplier).
Total Points: 500 Power Points x 2 = 1000 Points.
These points determine eligibility for airdrops, public round allocations, and other rewards. Similarly, in the Trillion project, users can earn Trillion Energy through various activities, including playing the Gorples financial game and providing liquidity. The points earned from these activities contribute to the overall reward structure, ensuring active participants are duly recognized.
Building or Partnering with Innovative Projects
Entangle Labs focuses on incubating, building, or partnering with innovative projects that exemplify the unifying potential of Web3. Projects such as ZeroSum, Trillion, and Gorples showcase how omnichain availability enhances revenue, attention, and project success. Omnipoints play a crucial role in these initiatives, allowing users to gain early entry and reap the benefits of project growth.
Future Vision
Entangle envisions a future where seamless interactions across multiple chains are standard, addressing both liquidity and user fragmentation. The goal is to reward community members for their participation, whether through social activities, liquidity provisioning, or creative endeavors. By prioritizing community engagement and equitable reward distribution, Entangle aims to revolutionize the market and expand the use of innovative technology in a mutually beneficial manner.
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