M-Points and Calculations

Understanding M-Points

M-Points are our way of saying thank you for staking your assets with us. They are points you earn based on how much you stake, measured in the value of Bitcoin ($BTC).

• Hourly Snapshots: The system takes a snapshot of staked assets every hour, converting their value into Bitcoin ($BTC) equivalent. This process ensures that the rewards are calculated based on the current market value, providing a fair and dynamic way to accumulate M-Points.

• Daily M-Points Calculation: The daily M-Points you receive are calculated by multiplying the total value of your staked assets in $BTC by 10,000. This amount is then rounded down to the nearest whole number to determine your M-Points for the next day. The points for each user are updated once every 24 hours.

Example of M-Points Calculation

Let's break down the calculation with a simple example:

• Suppose you have staked 10 $ORDI tokens.

• The average daily price of $ORDI, based on hourly snapshots, is $60.

• The average price of $BTC for the same day, based on hourly snapshots, is $40,000.

• The calculation for your M-Points would be as follows:

  • First, convert the value of staked $ORDI to $BTC: (10 $ORDI * $60) / $40,000 = 0.015 $BTC.

  • Next, calculate the M-Points: 0.015 $BTC * 10,000 = 150 M-Points.

Accumulating More M-Points

• Keep Staking: The more you stake, the more M-Points you can earn. It's that simple!

• Daily Growth: Your M-Points are based on the total value of what you've staked up until the previous day, allowing your rewards to grow over time.

Reward Distribution

• Earning $MERL Tokens: The M-Points you earn decide how many $MERL tokens you get. We use a straightforward formula: (Your M-Points / Total M-Points) * Total $MERL amount.

• Fair Share: This means the more M-Points you have, the bigger your share of the $MERL rewards.