🏆Game Reward Mechanism
In the Libera ecosystem, game rewards are earned through various activities such as playing games, levelling up, and completing quests. Players get rewarded as they progress through game levels, showcasing their skill and dedication. Additionally, completing quests and challenges within games unlocks additional rewards, providing incentives for exploration and achievement.
Reward Distribution
Libera's reward distribution system is designed to ensure that a significant portion of the prize pool goes directly to the players, while also accounting for platform sustainability and development. Here's how the reward structure is broken down:
Players: 90% of the prize pool
Top 50 players from the total participants will be rewarded from this 90%.
Top 10 players will receive 45% of the prize pool, offering the largest share of rewards to the highest performers.
Players ranked 11-22 will receive 30% of the prize pool, recognizing their competitive performance.
Players ranked 23-35 will receive 15% of the prize pool, ensuring a reward for mid-tier players.
Players ranked 36-50 will receive 10% of the prize pool, rounding out the distribution for players who performed well.
This tiered system ensures that top-tier competitors are appropriately rewarded while also spreading rewards across a broad spectrum of participants, promoting ongoing competition and engagement.
Developer fee: 5% A small portion of the prize pool is allocated to the development team to ensure ongoing updates, maintenance, and improvements within the Libera ecosystem.
Weekly Leaderboard: 3% To keep the community engaged over time, 3% of the pool is set aside for players excelling in the weekly leaderboard, offering additional rewards for consistent play.
Platform fee: 2% The platform takes a small percentage of the prize pool to cover operational costs, infrastructure, and ensure the overall sustainability of the Libera ecosystem.
Earning In-Game Assets
Libera's tournaments aren't just about earning $LIB tokens. Players also have opportunities to earn in-game assets through Free to Earn game campaigns. On specific campaign days, the top 10 players in each Free to Earn game will be rewarded. This will happen at intervals, not regularly, making these rewards special and tied to certain events or challenges within the game.
Quest System
Complete Quests: Players can engage in the Libera Quest System by completing various in-game tasks and challenges.
Claim Rewards: After completing quests, players can claim their rewards, which may include in-game assets like gems or avatars.
Weekly Leaderboard Rewards
Play Games: Players earn experience points (XP) by playing games across the ecosystem.
Earn $LIB: The top 100 XP gainers each week are rewarded with $LIB tokens, encouraging consistent play and long-term engagement with the platform.
For example, while defeating special enemies, there are certain drop items which can be then used within the game while crafting or it can be listed for sale.
Thereafter, other players have access to buy the listed NFT and use it within the game. These rewards can take the form of in-game currency, exclusive items, or even $LIB tokens, enhancing the gaming experience and fostering a sense of accomplishment. By rewarding players for their engagement and achievements, Libera motivates continued participation and creates a dynamic gaming environment where players are constantly motivated to push their limits and strive for excellence.
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