MyGate NetWork
  • Welcome MyGate Network
  • Roadmap
    • Strategic Roadmap
  • Framework & Core
    • Framework
    • Core
    • Nodes
  • Rewards
    • Network Reward
    • Referral
    • Account Boosts
  • Economic
    • Tokenomic
    • MYG
    • MUSDT
    • Point
  • Guideline Earn Point
  • VPS & Proxy
    • VPS
    • Proxy
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  1. Economic

Point

In the MyGate Network, Points are a key metric for tracking contributions, rewarding users, and unlocking $MYG through active engagement. Points are earned by connecting VPS nodes, referring new users

Earning Points πŸ†

  • VPS Node Uptime (Proof-of-Availability) πŸ”‹ Earn Points every 10 minutes your VPS node remains online, ensuring steady rewards for consistent uptime.

  • P2P Connectivity (Proof-of-Connectivity) πŸ”— Gain Points each time your node successfully connects with another node, validating network resilience and connectivity.

  • Referral Bonuses πŸ”— Inviting friends or users boosts your Points via one-time and perpetual bonuses, helping you grow your network and your rewards.

  • Level-Based Boosts πŸ“ˆ As you complete achievements, earn EXP, and level up, your Point earnings increase, up to a maximum reward boost of 60% at Level 30.

Converting Points to $MYG πŸ”„

Points can be converted to $MYG tokens, the MyGate Network's core utility asset, during scheduled Reward Rounds. Here’s how it works:

  • Token Distribution by Ratio πŸ“Š Based on the total Points earned in each Reward Round, $MYG tokens are allocated proportionally. Users with higher Points receive a larger share of the $MYG pool.

  • Lucky Draws for Extra Rewards πŸŽ‰ Each Reward Round includes a special bonus distribution to lucky winners. A few randomly selected participants receive extra $MYG tokens, adding an exciting incentive for all active users.

The Benefits of Points in MyGate Network

The Points system allows you to directly influence your earnings in $MYG while being part of a decentralized, growth-oriented network. With multiple ways to earn and bonus opportunities in each Reward Round, the Points-to-$MYG conversion ensures that every user benefits from their contributions.

MyGate Points empower you to earn, exchange, and unlock new rewardsβ€”all while building a stronger, more connected network.

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Last updated 7 months ago