To begin, we must establish a few assumptions in order to make this easy for any stakeholder, old or new.

Let’s consider a scenario. There are 5 tokens available in the upcoming pool. Here are the token distribution details:

The pool is going to last a total of 180 days.

Let’s assume that you decide to stake Token A (as an example — for the calculation going forward in this blog).

WEEK 1: You exclusively farm Token A.

WEEK 2: You farm Token A and Token B.

WEEK 3: You farm Token A, Token B, and Token C.

WEEK 4: You farm Token A, Token B, Token C, and Token D.

WEEK 5: You farm Token A, Token B, Token C, Token D, and Token E.

UniFarm provides you with the flexibility to choose which token you would like to begin staking and farming within the available pool. As time progresses, you will earn multiple token rewards during the lifetime of the pool.

Assuming that you stake 1800 A tokens.

From Table 1, you can see Company A has contributed 45,000 Tokens to the rewards pool.

The pool is live for 5 projects. So, for the long-term interest, the rewards are distributed equally across each project w.r.t. the timeline of the pool.

Reward distribution (No. of tokens): 45,000/5 = 9,000

Now, if you stake Token A, you earn Token A for 180 days. To calculate the daily reward earned, 9,000 must be divided by 180.

Total Token A’s Daily Reward (No. of tokens): 9,000/180 = 50

As a consequence, the daily token incentive will be earned by all Token A stakeholder participants, individually.

Let us now calculate your Stake Ratio.

Assume you have staked 4000 Token A.

From Table 1: Total Number of Token A staked = 180,000

From the above calculation we gathered that:

Reward distribution (No. of tokens): 45,000/5 = 9,000 Total Token A’s Daily Reward (No. of tokens): 9,000/180 = 50

Let us calculate the rewards earned by you on a daily basis:

For the next 180 days, your daily Token A reward is 0.80 tokens.

From Table 1, we gather that the price of Token A is $1

Therefore, if you stake Token A for 180 days, you will receive:

Daily reward x Number of Days x Price of the token: 0.80 x 180 x 1 = $144

From Table 1, we see that Company B has contributed 90,000 Tokens to the reward pool.

Again, in order to distribute the rewards to each project, we must divide it by 5.

Reward distribution (No. of tokens): 90,000/5 = 18,000

Total Token B’s Daily reward (No. of tokens): 18,000/173 = 104.04

For the next 173 days, your daily TOKEN B reward is 1.665 tokens.

From Table 1, we gather that the price of Token B is $0.50

Therefore, if you stake Token B for 173 days, you will receive:

Daily reward x Number of Days x Price of the token: 1.665 x 173 x 0.50 = $144

From Table 1, we see that Company C has contributed 1,50,000 Tokens to the reward pool.

Again, in order to distribute this amount to each project, we must divide it by 5.

Reward distribution (No. of tokens): 1,50,000/5 = 30,000

Note: Because you earn Token C starting in WEEK 3, you will earn it for 166 days only.

Total Token C’s Daily Reward (No. of tokens): 30,000/166 = 180.72

For the next 166 days, your daily TOKEN C reward is 2.89 tokens.

From Table 1, we gather that the price of Token C is $0.30

Therefore, if you stake Token C for 166 days, you will receive:

Daily Reward x Number of Days x Price of the token: 2.89 x 166 x 0.30 = $144

From Table 1, we see that Company D has contributed 90,000 Tokens to the reward pool.

Again, in order to distribute this amount to each project, we must divide it by 5.

Reward distribution (No. of tokens): 90,000/5 = 18,000

Note: Because you earn Token D starting in WEEK 4, you will earn it for 159 days only.

Total Token D’s Daily Reward (No. of tokens): 18,000/159 = 113.20

For the next 159 days, your daily TOKEN D reward is 1.81 tokens.

From Table 1, we gather that the price of Token D is $0.50

Therefore, if you stake Token D for 159 days, you will receive:

Daily Reward x Number of Days x Price of the token: 1.81 x 159 x 0.50 = $144

From Table 1, we see that Company E has contributed 45,000 Tokens to the reward pool.

Again, in order to distribute this amount to each project, we must divide it by 5.

Reward distribution (No. of tokens): 45,000/5 = 9,000

Note: Because you earn Token E starting in WEEK 5, you will earn it for 152 days only.

Total Token E’s Daily Reward (No. of tokens): 9,000/152 = 59.21

For the next 152 days, your daily TOKEN E reward is 0.95 tokens.

From Table 1, we gather that the price of Token E is $1

Therefore, if you stake Token E for 152 days, you will receive:

Daily reward x Number of Days x Price of the token: 0.95 x 152 x 1 = $144

Before we begin computing the total APY of the tokens you farmed, there is one thing we need to reiterate -

“When we start the pool, we freeze the DOLLAR value of each token.”

Assume the tokens’ DOLLAR value is locked at the time of pool start.

This is what your reward structure for the pool looks like if you are staking for a period of 180 days:

Note: Since we are annualizing the yield, your reward is multiplied by 2. Your total APY is 36%

NOTE: If the APY falls below the minimum APY that we have promised, we will introduce additional $UFARM tokens after 8 weeks of farming to meet the required APY.

UniFarm is a one-of-a-kind staking solution that brings together the finest projects in DeFi to offer value to investors. UniFarm enables you to invest one token but receive several high-value tokens, thus your returns are automatically diversified in addition to a fantastic APY.

Feel free to refer to the google sheet for detailed information or connect with our lead on twitter.

Originally published at https://blog.unifarm.co on March 10, 2022.

What is Gamification?

When you play a game, you must make choices. Whenever you want to confront your opponent, buy a new weapon, or pick a team, it’s always up to you. In real life, your choices are often limited. You have to accept what comes along.

Now, imagine that you can be more proactive during day-to-day activities. You can give directives and feedback. You have free rein to collect points, achieve levels, and go on missions. This is how gamification works. It’s a transition of game mechanics to real-life situations like learning or working.

How Gamification Works?

Gamification influences people by triggering powerful emotions. When using game mechanics in non-game activities, tasks are more pleasing. For example, users can participate in the learning program through competition with other participants. Gaining new levels or unlocking secret features makes the entire activity more entertaining and resonates with users’ demands.

There is endless evidence proving that gamifying various processes leads to impressive results. 85% of workers were shown to be more engaged at work, while 80% believe game-based workplace training is more effective. Also, gamification participants score 14% higher during skill-based assessments.

However, the real value of gamification is setting a bridge between engagement and business. Through gamification, people are more willing to interact with certain products or services. User engagement gives brands a better picture of what really stimulates them. On top of that, every customer-brand interaction translates into business results.

How Big Is the Gamification Market?

To answer this question, we need to find out how often people check their phones on average. It’s 80 times a day. Quite a lot, right? Smartphones and other mobile devices keep us company all the time, being the first point of contact with the outside world. Also, there is a gradual shift from desktop to mobile that creates solid ground for applications with gamification solutions.

With that in mind, it shouldn’t be a surprise that the mounting growth in the number of mobile devices is the key factor supporting gamification’s market size. According to Mordor Intelligence’s report, which outlined the trends and forecasts for gamification, its global value was USD 10.19 million in 2020, and experts claim it will reach USD 38.42 million by 2026.

There is another crucial drive that puts a spin on the popularity of gamification. It’s people’s behavior. Simply put, people are bored with the traditional manner of studying, working, and even socializing. They need a booster. And gamification is doing exactly that, increasing people’s engagement or gratifying them with an entirely new experience. For brands, it works as a way to retain their customers.

Brands and Companies Using Gamification

Many companies worldwide use gamification to enhance the productivity of their employees and user engagement. For example, Domino’s Pizza created the Pizza Maker course. It’s a training course with gamification elements that rewards employees during the learning process. Thanks to this initiative, new employees prepare and deliver pizza quicker, which is a sought-after skill in a highly competitive fast-food industry.

Like Domino’s, Microsoft has a single headquarters but operates in numerous locations with employees using umpteen languages. The question the company faced was how to ensure those language translations were accurate and made sense. For that reason, Microsoft created a “Language Quality” game allowing staffers around the world to view and check their language accuracy.

Many global brands have to fight a duel over their customers’ loyalty. It was no different with Starbucks when it launched the “My Starbucks Rewards” program. It’s a collect-miles-gamified system that rewards customers with free products for their loyalty.

Future Trends

Think of one industry that expands continually despite any health or economic turmoil. Which one would it be? Retail is the correct answer. Sales in this sector have been growing steadily since 2012, and even the COVID-19 crisis didn’t affect them.

Today, retail is a combination of products reflecting people’s attitudes and the shopping experience. For that reason, gamification in both retail and e-commerce will likely become a top trend, leading to bigger user engagement.

Since the COVID-19 pandemic has boosted remote work, it has become clear that recruitment and training processes will also be fully online. In consequence, HR specialists are facing the need to create engaging and feasible onboarding programs and training for remote newcomers. Gamified solutions are predicted to address online recruitment challenges as well.

Noticeably, IT is the sector that has been booming lately, setting a particular spot for gamification. Some experts claim that IT organizations will transfer some of their recruiting activities into gamified job applications.

Gamification is likely to expand across various industries, including banking, the public sector, and the military. Also, typical gaming elements, such as point scoring, competition, and rules of play apply to the cryptocurrency sector. For example, GameFi users can swap game assets programmed as NFTs (Non-Fungible Tokens), which have value among players and can also be sold.

The Nebu Exchange

While NFTs have been a lovable phenomenon of late, the real crypto rush takes place on the exchanges. The massive trading volumes are proof of this. But what else do the exchanges provide apart from the buy-sell options? Nothing, in fact. And this is something that the Nebu exchange dhopes to change.

Nebu is a gleaming cosmos-and-universe crypto exchange that incorporates gamification elements. They involve collecting experience, streaks, and loot-boxes and attaining new levels. While operating on the exchange, users must complete tasks to access novelty items and features. The AI concierge accompanies them during the entire process, making it easier to discover the concepts and mechanics of trading.

Final Words

Crypto trading can be pleasing and straightforward if you know how to buy into the whole idea. This is something that the Nebu exchange is trying to convey. By adding gamification elements to its platform, Nebu helps users enhance their trading skills.

The motto is: play while trading, learn by playing. It’s something that people who are into gaming should appreciate. There’s a thin line between being a gamer and being a trader and Nebu wants to help you cross that line.

Bruce Lee’s Ethernity Protocol Lee Family Company and NFT will drop the NFT collection on Saturday 8th January 2022, the collection aptly named “Formless Form” as an allusion to Lee’s provocative philosophy of “being like water breaking through cracks.”

Like the name, the contents of the collection are also inspired by Li’s philosophy and teachings. It features works by a variety of prominent artists such as Bosslogic, Raf Grassetti and Anthony Francisco. Lee’s daughter, Shannon Lee, who is also the chairman and CEO of the Bruce Lee family company and the One Family Foundation, said the following:

“My father believed in honest expression. We are honored to have the opportunity to collaborate with these immensely talented artists whose artistic expression will continue to genuinely spread the positive message of Bruce Lee’s philosophy and teachings around the world. “

In the announcement, Ethernity CEO and Founder Nick Rose also shed light on the company’s excitement over their involvement in Lee’s first-ever NFT collection:

“We thrive on exploring the possibilities for newly expanded worlds of important personalities, and an incredibly influential figure like Bruce Lee is perfect for our great ambition and endeavors. We can’t wait to give Bruce Lee fans new opportunities to celebrate his life’s work, for which our team shares so much affection. “

“The Formless Form” is not the first collection to celebrate the late pop culture legend, as NFT collections fell in 2021 in memory of the likes of Jerry Garcia, Kurt Cobain, Muhammad Ali and Tupac Shakur.

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