How To Claim Rewards

Steps

After logging in, select [Rewards], and you will see the rewards and amount you can currently withdraw on the page, including new rewards.

Click [Confirm] to authorize the transaction.

How are the Rewards calculated?

The rewards consist of 2 parts:inflation rewards OGX, and handling fee rewards oUSD.

Inflation Reward: to encourage the holders of OGX to actively participate in staking at the beginning of the project, OGX will continuously issue inflation rewards after launch, and it will increase the amount from 100 million to 245 million in 3 years, while the inflation rate will decrease every year. Inflation tokens will be allocated on a weekly basis and based on the ratio of user debt / total system debt. All users who meet the minimum rate can claim them. Some tokens that do not meet the rate requirements and tokens that are not claimed in time will be redistributed in the next round.

Simply put, the more OGX you stake, the more OGX and oUSD rewards you can get.

Note

  • Rewards are calculated once a week.

  • Each round of rewards distribution has a prescribed collection time. Users who do not claim the rewards manually on time will lose the round of rewards.

  • You must ensure that your stake rate is higher than 800% before you can receive the reward(s).

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