Whenever you make a claim on your MOSDEX staking rewards, you feel a little bit better, a personal experience anyways. Per conditions at the time of writing, MOSDEX offers up to 20% per month in rewards on funds staked to the arbitrage bot. The arbitrage Bot executes trades on behalf of stakers on the platform. it takes advantage of the price differences between trading pairs on the same exchange and asset pairs on the exchange.
Profits generated by the bot are distributed to the stakers and a little percentage is reserved for the project鈥檚 maintenance. The Profit Sharing Model (PSM) presides over fund distribution on the platform and stakers are rightly rewarded for playing a principal role.
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Arbitrage rewards are the base rewards on the platform. In a recent release, MOSDEX shared its plans to even widen the earning opportunities for users of the platform. This, it hopes to do via two separate programs channeled towards devotees.
One of these programs is the Loyalty program, through the loyalty program, MOSDEX will attempt to give more value to people who not only use the platform but invites others to adopt the protocol through promotional activities. The loyalty program rewards users for spreading information about MOSDEX and onboarding their peers to the platform. The loyalty program will see referrers earn lucrative rewards through staking commissions and rebates.
The loyalty rewards will vary according to the referral rankings. Pro-level referrers will earn higher rewards than normal users while higher-ranked referrers will also earn according to their rank.
On another news, MOSDEX has announced that it is improving the rebates for the referral rewards system. Rebates distribute an additional percentage of claims made by a staker to the staker鈥檚 wallet. That is, users who make a claim on the staking rewards will receive even more rewards in addition to the claim they already made. The rebate will be increased by 20% percent for pro-level referrers. For instance, a $200 staking reward claim can receive a rebate of up to 2 USDT.
These rewards add to the profitability of the MOSDEX platform. It is important to reiterate the variability of the rebate percentage and the stability of the referral and other loyalty programs. It is recommended that users explore how to employ the loyalty program to their maximum benefit while enjoying the rebates as they come.
MOSDEX claims to be exploring even better ways to give value to users while improving their technology and overall financial system. Do bear in mind that these can change according to decisions by the team as MOSDEX doesn鈥檛 operate a DAO yet.
While you get accustomed to these provisions, endeavor to do your own research and apply caution while investing. This content is meant to pass on these information and not deliver financial advice.
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