Explanations & Rules
Last updated
Last updated
The Reward Center is a new feature that allows you to earn rewards by completing various actions within Virgo Wallet. It’s a fun and engaging way to maximize your use of our platform while being rewarded for your participation.
To earn rewards, you need to accumulate XP (experience points) by performing different actions. Here’s how you can earn these valuable points:
Daily Reward: Log in daily to receive XP. The longer your consecutive login streak, the more XP you earn, up to a maximum of 50 XP per day after five consecutive days.
Swaps: Earn XP by performing swaps, earning 1 XP per dollar spent. There is a daily cap of 500 XP for swaps.
Airdrops remain a core element of Virgo Wallet, and now, they also earn you XP for each participation. It’s an excellent opportunity to boost your XP while enjoying free cryptocurrency distributions.
Invite your friends to join Virgo Wallet and earn XP. Your friends also earn XP, making it a win-win situation for everyone.
The rankings are based on the daily performance of all reward centre users: if you’re Gold at the start of the season, you won’t necessarily be Gold at the end of the season.
In addition to the usual rank-based rewards, we’re launching a second reward program that’s completely independent of your rank and based solely on the XP you collect.
For this first season, a total of 5000 VGO will be shared among all users based on the amount of XP they’ve accumulated. The more XP you earn, the bigger your share of the 5000 VGO!
Let’s say that all users combined collect 10,000 XP this season. If you’ve earned 500 XP, you can calculate your additional reward like this:
Reward = (Your XP / Total XP collected) × 5000 VGO = 500 / 10000 × 5000 = 250 VGO
So, by collecting 500 XP, you’ll receive 250 VGO on top of your rank rewards! That’s right, this system ensures that your extra efforts are directly rewarded.
This new system allows you to maximize your earnings in a fairer way, without worrying about your rank. All you need to do is collect as much XP as possible and enjoy the extra rewards. So, what are you waiting for? Join us this season and double your rewards!
The Reward Center is structured into seasons, each lasting a quarter, or around 90 days, giving users enough time to accumulate XP, climb the ladder and reach higher ranks.
At the end of each season, VGO rewards are distributed to all users, according to their position in the rankings. Once the rewards have been distributed, all the counters are reset to zero and a new season begins. This means that all users start from the same starting point for the new season, ready to take on new challenges and collect new XP.
