Genius X Tier System

Tier structure

The tier system is based on the number of $GENSX tokens staked in the Genius X Staking center.
Tier Name
$GENSX token staking
Mars
2500 - 14,999 $GENSX
Venus
15,000 - 49,999 $GENSX
Neptune
50,000 - 149,999 $GENSX
Jupiter
> 150,000 $GENSX

Tier benefits

Each Tier will provide several benefits, the higher tier you are, the better benefits you’ll unlock from the platform.
Those Benefits are :
  • A guaranteed allocation on the Genius X launchpad public sales
Each $GENSX staker eligible for a tier will have the opportunity to purchase in any ICO’s launched on the Genius X launchpad by applying to the sale they are interested in.
  • Increased maximum allocation on the public sales on the Genius X launchpad
Maximum allocations for each public sale will be defined by the pool weights between all $GENSX stakers eligible for a tier that applied for this specific sale.
Pool weights are described below:
Tier name
Pool weight
Mars
1
Venus
3
Neptune
5
Jupiter
10 +" Genesis Round" allocation
Whatever the number of participant for each public sale is, the pool weights ensure that:
  • Venus Tier stakers will always have 3X more maximum allocation than the Mars tier
  • Neptune Tier stakers will always have 5X more maximum allocation than the Mars tier
  • Jupiter Tier stakers will always have 10X more maximum allocation than the Mars tier.
  • The "Genesis Round" is a special round for Jupiter stakers where 5% of the total supply of each public sale will be available for purchasing, prior to round 1 and 2, at same price, as an additional allocation.
  • In Round 1, 95% of the tokens allocated to any IDO will be sold with a guaranteed allocation for every tier.
  • In Round 2, the unsold tokens from round 1 are made available on a First Come First Served basis. This round is open until all tokens are sold. After that, the IDO is concluded.
  • Increased number of different tokens earned through the Genius X accelerator program redistribution.
Based on their tier, $GENSX stakers will have the opportunity to choose how many projects they want to receive tokens from the redistribution of the accelerator program.
Tiered redistribution model is described below:
Tier name
Number of projects redistributed
Mars
Up to 2
Venus
Up to 4
Neptune
Up to 6
Jupiter
Up to 8
Each $GENSX staker eligible for a tier who has decided to unlock the tokens of a project, will share into an "accelerator reward pool", with the other stakers who have done the same, the tokens distributed each epoch, in proportion to their respective $GENSX staking (weight).
Only utility tokens will be part of the redistributon program. Security tokens are excluded for regulation compliance.
Users staking less than 2500 $GENSX are not part of the tier staking program, therefore not eligible to public sales on the launchpad as well as redistribution in project's native tokens from the accelerator. They will however receive 20% of the platform fees earned by the launchpad in each public sale in proportion to the amount of $GENSX they stake.
We will be collecting feedback and data on the Genius X tier system in order to optimize it over time as well as taking into consideration community feedback