KiX
  • GETTING STARTED
    • 👁️KiX Vision - An Introduction
    • 📣Onboarding Simplified: Wallet or No-Wallet
      • Onboarding using a Social Login
      • Onboarding using a Wallet
    • 🌠KiX Token Ecosystem
      • Buying $KIX platform token
        • Step by step buying KIX with USDT
      • Built on Ethereum & Polygon
  • THE BASICS
    • 🪙KiX Platform Token
      • On-Demand $KiX Issuance Mechanism
      • $KIX Liquidity Program
    • ⚽DAT Footballer NFTs
      • Trading DAT
        • DAT Sales Ticket
        • DAT Liquidity
        • DAT NFT Standard
        • DAT Bonding Curve
        • DAT Commissions
      • Portfolios
      • IPOing Footballers
    • 🪙Rewards
      • KiX Node Runner Program
      • KiX Rewards Contest
      • Game Groups
      • Sustainability
    • 📊Performance Scores
      • Performance Matrix
    • 💰KiX Economy
      • Economy Schematic
      • KiX Tokenomics
      • Locking $KIX
      • Fees & Commissions
  • FURTHER INFORMATION
    • Why KiX is a DAO
      • DAO Voting & Governance
    • KiX Team
    • KiX vs The Competition
      • We're a DAO
      • Trading Tokens vs Collecting NFTs
      • The Importance of Liquidity
      • Complete Ecosystem
      • KiX vs Alt Coins
    • KiX Revenue
    • Roadmap
    • FAQ
    • Glossary
    • Account Abstraction
    • KiX Constitution
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  1. THE BASICS
  2. Rewards

Game Groups

Rewards Contest Game Groups

Each football season is divided into Game Groups with two per week. Consequently, there are two Rewards payouts per week.

Please note: To be eligible to win, a trader must have bought the relevant footballer DAT NFTs before the following times:

Midweek Game Group (Mon-Thurs):

Before 17:00 UTC on the same matchday that generated the winning performance.

Weekend Game Group (Fri-Sun):

Friday - Before 17:00 UTC on the same matchday that generated the winning performance.

Saturday and Sunday - Before 12:00 UTC on the same matchday that generated the winning performance.

In addition to the above, traders cannot sell their DAT NFTs before midnight of the day of the performance, so by this, we mean DATs need to be held till at least midnight on the same matchday that generated the performance if they want to be eligible for Rewards.

For example, if a trader buys Kylian MBappe before 12:00 UTC on Saturday, they will need to hold their NFTs until midnight to be eligible for the rewards.

Rewards comprise 90% of the DAT trading commissions generated during a particular Games Group, so trading commissions are returned to traders almost instantly. External yield is apportioned fairly to each Games Group, as are any $KIX emissions that might be used to supplement the Rewards Pool.

Rewards Pool is allocated to winners in the ratio

First Place 50%

Second Place 30%

Third Place 20%

* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *

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Last updated 3 months ago

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