Pumps
Learn how PUMPS scores impact your token allocation in the Wallek ecosystem. Discover tenure's role and the formula behind token launches and rewards for Wallek users.
Last updated
Learn how PUMPS scores impact your token allocation in the Wallek ecosystem. Discover tenure's role and the formula behind token launches and rewards for Wallek users.
Last updated
PUMPS are points earned within the WalleK ecosystem. These scores play a significant role in determining your launchpad allocation and acquiring power score. PUMPS are generated based on a user's token depositing activity over a specific tenure period.
How to acquire PUMPS?
Users Should deposit LayerK tokens in the WalleK platform by selecting a tenure. There are five different tenures in WalleK, the higher the tenure you choose the chances of staying in the top tier is high, the different tenures are 6months , 1 year , 2 year , 4 year and 8 year . as a committed user if you deposit your tokens for a longer tenure period you would be getting more PUMPS .
The primary goal is to calculate PUMPS for each user, which serves as a key metric for determining token allocations in the launchpad.
PUMPS = ( A ) * T(x) * Pm
A = Total Number of LayerK Staked
T(x) = Tenure and multiplier based on tenure
Pm = This value will be promotional marketing value used by management for promotional offers
6 months
1x
1 year
1.2x
2 years
1.5x
4 years
2x
8 years
4x
Based on the above formula used , we have a transparent system to calculate PUMPS for each deposit, every new deposit from the same user ID would be cumulatively PUMPS will be added to the user that helps them achieve new tiers . Immediately after depositing your tokens your PUMPS will be calculated which then will be passed on to the launchpad for effective participation in the token launches.
For example : A user staking 1000 LayerK tokens for 6 months will receive 1000 PUMPS while a user staking for 8 years will receive 4000 PUMPS .