Passive Rewards Mechanism
The passive rewards mechanism in the BoxingCocks platform works by allowing users to earn a share of the Bockpool prize pool daily, based on their level. Hereâs how it works:
Level-based Rewards: Each level (from Wood to Diamond) corresponds to a specific percentage of the daily Bockpool prize pool. The higher the level, the larger the share of the prize pool they receive.
Daily Pool Distribution: Every day, a portion of the total Bock tokens (e.g., 50 million BOCK) is allocated to the prize pool. The prize pool is then distributed according to the percentages assigned to each level. Users who have reached a specific level will earn their portion based on that percentage, regardless of whether they continue to bet.
Passive Earnings: Once users reach a level, they automatically receive daily rewards from the prize pool. The rewards are credited to their account daily, based on their level's percentage of the total prize pool. This process continues indefinitely as long as they remain at their level.
Sustainable Income: This system creates a sustainable passive income for users. They donât need to place new bets to earn rewardsâthey simply earn a percentage of the prize pool each day, tied to their level.
In short, the passive rewards system allows users to earn a consistent income from the prize pool daily, based solely on their level, without needing to continue participating actively.
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