Tier System
Last updated
Last updated
ChainGPT.org
Are you ready to access some of the most exclusive and promising crypto startups? DegenPad is your gateway to early-stage investment opportunities, which our team has thoroughly vetted.
To ensure fairness, we’ve implemented a tiered access system that rewards community members who are serious about investing and staking, regardless of their capital size.
How does the Tier System work?
The tier system at DegenPad is designed to reward participants based on their level of involvement in our platform. By staking $CGPT tokens, you can earn points that determine your tier, which in turn affects your access to different stages of investment opportunities. The more points you have, the higher your tier, and the greater your benefits.
Whether you have $10 to stake or $20,000, our tier system is balanced to ensure everyone can participate and benefit according to their contributions. However, it’s important to note that staking points from other products like ChainGPT Pad will only reflect 50% on DegenPad, and vice versa.
Getting started on DegenPad To join DegenPad and start participating in sales, you need to meet two simple criteria:
Complete KYC: Verify your identity with our KYC partner to keep the platform secure.
Stake $CGPT: Don’t be a Beta and stake the required amount of $CGPT to earn points and qualify for at least the Ape tier.
Staking $CGPT Staking $CGPT tokens is a way of showing your commitment to the DegenPad ecosystem. By staking, you unlock access to various utilities and begin accumulating points that determine your tier level. 1 staked $CGPT = 1 tier point
Staking is divided into four pools based on time frames, each with its own point multiplier:
45 days = 1x multiplier
90 days = 1.3x multiplier
180 days = 1.5x multiplier
365 days = 2x multiplier
The longer you stake, the more points you earn, which boosts your tier status and rewards.
Point System The point system is the backbone of our tier structure. It calculates your participation impact based on the amount of $CGPT staked and the duration of your stake.
Total $CGPT tokens staked × pool multiplier = Tier Points
For example:
Staking 1,000 $CGPT in the 45-day pool gives you 1,000 points.
Staking 1,000 $CGPT in the 90-day pool gives you 1,300 points.
Staking 1,000 $CGPT in the 180-day pool gives you 1,500 points.
Staking 1,000 $CGPT in the 365-day pool gives you 2,000 points.
Tier System DegenPad features four tiers, each offering unique benefits. As you stake more $CGPT and accumulate points, you can climb the tiers and gain access to better opportunities.
Points Required: 2,000+
Pool Weight: 1x Allocation Multiplier
Refund Eligibility: Yes, 100%
Participation Rounds: #2 (First-Come, First-Served)
Ape tier is designed for users with limited capital. Participation in the first round is not guaranteed, but select Ape users who complete social tasks can gain early access.
Points Required: 20,000+
Pool Weight: Minimum 4x Allocation Multiplier
Refund Eligibility: Yes, 100%
Participation Rounds: #1 and #2 (Guaranteed and FCFS)
Special Benefits: Guaranteed Whitelist for future NFT launches
Chad tier guarantees access to the first round of IDO participation, with higher allocation weights.
Points Required: 50,000+
Pool Weight: Minimum 10x Allocation Multiplier
Refund Eligibility: Yes, 100%
Participation Rounds: #1 and #2 (Guaranteed and FCFS)
Special Benefits: Inclusion in Crowdfunding & Private Sales, Exclusive privileges in airdrops, Guaranteed Whitelist for future NFT launches, Shark tier members gain access to premium early-stage crowdfunding and private sales, along with enhanced airdrop opportunities.
Points Required: 200,000+
Pool Weight: Minimum 40x Allocation Multiplier
Refund Eligibility: Yes, 100%
Participation Rounds: #1 and #2 (Guaranteed and FCFS)
Special Benefits: Token airdrops from incubated projects, Occasional NFT airdrops, Private group for sale access & voting, Freemium access to ChainGPT's AI Tools, Whale tier is the ultimate level, offering the most extensive benefits, including passive rewards through token and NFT airdrops, private sale access, and exclusive privileges.
Note on Tier Allocation Multiplier The Ape tier has a fixed 1x multiplier, regardless of points. However, in the Chad, Shark, and Whale tiers, the multiplier scales with your points within the tier. For example:
A Chad with 20,000 points has a 4x multiplier, while one with 35,000 points has a 7x multiplier.
A Shark with 50,000 points has a 10x multiplier, while one with 100,000 points has a 20x multiplier.
A Whale with 200,000 points has a 40x multiplier, while one with 400,000 points may have a 80x multiplier.
The Whale tier has a theoretically limitless capacity, and multipliers are adjusted based on the final outcome of each IDO.
Conclusion The tier system at DegenPad is more than just a way to allocate investment opportunities; it’s a gateway to becoming part of an exclusive community dedicated to finding and supporting the most promising projects in the crypto space.
Whether you’re just starting or looking to maximize your involvement, our tier system offers a clear and rewarding path to success. Join us today and start climbing the ranks to unlock your full potential.
