We are thrilled to announce the launch of the open beta of our MMVH Passive Earning Schemes, where you can passively earn and collect UPX on a monthly basis by investing in our UGC assets! While the base earning is 15% p.a., it can be boosted to a staggering 20% p.a.!
During the PES open beta, we’ll limit the number of participants to 50 and the number of PES eligible assets, based on mint numbers. We’ll potentially allow more participants to join and increase the number of PES eligible assets, as and when we deem appropriate, depending on how things are moving on our end. All eligible map assets, with the mint numbers and prices, as well as the different schemes can be found below:
- How to register and participate in the PES open beta?
1) Follow MatsudaR on Upland, 2) Repost MatsudaR’s feed about MMVH PES on Upland and 3) Register an account on our website. Only the first 49 to complete the above 3 steps will be enrolled under PES open beta and have the opportunity to buy our limited number of PES eligible assets and start earning the corresponding passive UPX!
- How to earn and collect UPX under PES?
Once we go out of the open beta, a snapshot of PES eligible assets of all enrolled participants will be taken at start and end of each month. At end of month, the month’s earnings will be credited to you, as long as you held the asset(s) over the whole month! You can then request an immediate payout of your earnings or choose to redeem them anytime for the purchase of other PES eligible assets to increase your monthly earnings! Specifically during the open beta, you’ll earn UPX calculated pro-rata on a daily basis, starting from July 1st to the end of July, when your July earnings will be credited based on the number of days you held the asset(s).
- What happens if you sell/trade your PES eligible asset(s) to someone else?
At the end of the month, you’ll not be credited the month’s earnings for the asset(s) sold/traded during the month. The new owner(s) will start earning the passive UPX as from the next month, provided they are also enrolled under PES.
We reserve the rights to make any amendments to PES as we make continuous assessments, in good faith, to maintain its profitability and sustainability for everyone.
If you have any questions about PES, please talk to us on our Discord!
Great!
Great to see someone adding Utility to some of the game assets.