As Core Ignition Drop progresses to its next phase, changes to the Tier Multipliers have been applied aiming to create a more balanced and equitable system for all participants. These adjustments will ensure that everyone has a fair chance to maximize their rewards while participating in the incentive program.
Introducing Tier Multiplier Caps
To enhance fairness and balance, we are implementing caps on Tier Multipliers:
Supernova: Cap at 10x
Wildfire: Cap at 9x
Inferno: Cap at 8x
Blaze: Cap at 7x
Campfire: Cap at 7x
Ember: Cap at 7x
Flicker: Cap at 7x
Why the Change?
The Core community has been instrumental in driving the success of the Ignition Drop. However, as the program evolves, it's crucial to maintain a level playing field for all participants. These new caps are designed to prevent disproportionate advantages and ensure that rewards are distributed more evenly.
Benefits of the New System
- Fairer Distribution: By capping the multipliers, we aim to ensure that all participants, regardless of their tier, have a fair opportunity to earn and benefit from the Core Ignition Drop.
- Enhanced Engagement: The new system encourages more participants to actively engage in the ecosystem, knowing that they can compete on a more equal footing.
- Sustainable Growth: A balanced reward system contributes to the long-term sustainability and growth of the Core ecosystem, fostering a healthy and vibrant community.
How It Works
The new caps on Tier Multipliers will come into effect immediately. Participants will see these changes reflected in their Core Ignition Dashboard. The maximum multiplier you can achieve will now depend on your tier, with Supernova at the top with a 10x cap.
Stay Engaged, Stay Rewarded
To maximize your rewards under the new system, continue to engage with the Core ecosystem by:
Bridging Assets: Transfer eligible assets to Core and increase your Sparks.
Participating in dApps: Engage with dApps within the Core ecosystem to earn additional Sparks.
Watch for Asset Multipliers and Badges: Boost your daily Sparks and collect badges to climb up the tiers and increase your multiplier cap.
Inviting Friends: Expand your network and earn Sparks from your invitees’ activities.
Looking Ahead
The Core Ignition Drop is an evolving journey, and these changes are the beginning of a new stage. There's a commitment to enhancing the program and bringing more value to the Core community. Stay tuned for more updates and opportunities to engage and earn within the Core ecosystem.
About Core
Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking and the world’s first yield bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security and over 4,800 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed millions of Core adopters - over 19M unique addresses and 260M transactions since its mainnet launch in January 2023.