b14g Points
Unlock greater BTC rewards.
Overview
The b14g Point Program is designed to reward users for their participation in restaking BTC on the b14g platform. By holding vBTC (virtual BTC) and LRT (liquidity reward tokens), users can accumulate points that can be redeemed later. This document explains how the point system works, including how users can earn points through restaking, referrals, social engagement, bonus and boost.
Restaking Points
Restaking Points are the primary way users earn rewards on b14g. Points are accumulated based on the amount of vBTC and LRT users hold during the restaking period.
How Restaking Points Are Earned:
vBTC Points: For every 1 vBTC held, users will earn 1 point per hour.
LRT Points: Points are also earned for holding LRT, based on the price ratio of vBTC to LRT.
Example:
If a user restakes 0.1 BTC on b14g and receives 0.1 vBTC, holding it for 3 months (2160 hours) will accumulate:
Restaking Points =
0.1 vBTC * 1 point/hour * 2160 hours = 216 points.
Points are awarded at least once every 24 hours based on a system snapshot. Users will continue to earn points as long as they hold vBTC or LRT and the restaking period remains active.
If the user no longer holds vBTC or LRT, or the restaking period ends, they will stop earning points.
Referral Points
Users can earn Referral Points by inviting others to restake on b14g. The referrer will receive 10% of the restaking points earned by their referee, with no time limit—this reward is ongoing as long as the referee continues restaking.
Example:
If a referee earns 500 restaking points, the referrer will earn 50 referral points (10% of 500) automatically.
Social Points
Users can also earn points by engaging with b14g's social platforms. Joining Telegram, Discord, or Twitter will reward 100 points per platform. This is a one-time reward for each platform.
Bonus
The b14g platform has set aside a portion of its total token supply for reward redemption, where users can convert their accumulated points into $B14G tokens. The number of tokens a user receives depends on the platform’s Total Value Locked (TVL) at the time of the redemption. As the TVL increases, more tokens will be distributed, ensuring that as the platform grows, users are incentivized to participate in a more decentralized and active network.
This approach encourages broader participation and rewards users more generously as the ecosystem becomes stronger and more secure.
TVL-Based Token Redemption:
<10M TVL: 10% of the total token supply will be redeemed.
25M TVL: 12% of the total token supply.
50M TVL: 14% of the total token supply.
100M TVL: 16% of the total token supply.
250M TVL: 18% of the total token supply.
>500M TVL: 20% of the total token supply.
Example:
If the TVL at the time of the reward redeemption is 280M, then 18% of the total B14G tokens will be redeemed to users based on their accumulated points.
Boost
Early participants in the restaking process will receive a Boost Multiplier, allowing them to accumulate points at a faster rate. The earlier the user restakes and the lower the TVL, the higher the multiplier they receive.
TVL-Based Boost Multiplier:
<10M TVL: 10x multiplier.
10M - 25M TVL: 8x multiplier.
25M - 50M TVL: 6x multiplier.
50M - 100M TVL: 4x multiplier.
100M - 250M TVL: 3x multiplier.
250M - 500M TVL: 2x multiplier.
>500M TVL: 1x multiplier (no boost).
Example:
If a user restakes when the TVL is 22M, they will receive an 8x multiplier on their points. If the TVL later increases to 30M, their new restaking points will be calculated with a 6x multiplier, but the points earned under the 8x multiplier remain unchanged.
Conclusion
The b14g Point Program provides multiple ways for users to earn rewards by participating in the ecosystem through restaking, referrals, and social engagement. Early participation is highly encouraged through Boost multipliers, and the Bonus ensures that users earn more as the platform grows.
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