LingoPod Rewards Programme
The total supply of mining with LingoPod is 16.5billion. There are several phase for users who can participate in.
Phase 1 Incentive
LingoPod TestNet Beta (1st July 2024-30th July 2024): 100million LINGO Rewards Pool
Get LingoPod
Receive 10,000 LINGO Points via wallet
Deposit 10,000 LINGO Points, receive 100 LINGO Points per day
The first 10,000 participants will have the opportunity to purchase an LingoPod (physical node) , and each node will receive an initial 10,000 LINGO points. Wallet address should be bounded after ordered. Users need deposit the LINGO points and receive 100 points per day, which will be unlocked after 7 days.
Phase 2 Incentive
LingoPod Main-net Launch (1 August 2024 onwards)
Stake 40,000 LINGO token
Receive 200-400 LINGO token per day
Staking Period: 12 months
Each node should deposit 40,000 LINGO token to launch corpus mining. Users record and upload their speech corpus to receive 200-400 LINGO tokens. The exact number of mining tokens is according to the quality of the uploaded corpus. 50 tokens will be rewarded as a reward for using LingoPod every day. Miner can apply for unlocking the staking, T+7 refunded to the account after the expiration of staking period.
Phase 3 Node providers Incentive
To form a mining pool, node providers need to gather 1,000 LingoPods. By staking 10 million LINGO tokens, the mining pool can achieve the status of a corpus contribution super node. These super nodes reap benefits from dividends across the entire network. Additionally, node providers gain early access to airdrops and earn rewards from corpus contributions and community services in later phases.
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