Home » Stake and Compete for REVV Rewards in the Elite League Time Trial
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Stake and Compete for REVV Rewards in the Elite League Time Trial

Disclaimer: The textual content beneath is a press launch that was not written by Cryptonews.com.

Able to Race for REVV?

The Elite League is a Time Trial that’s an thrilling 14-day racing particular occasion that provides you the chance to stake REVV in change for a assured REVV reward, PLUS a payout from a 1.6 million REVV (approx. US$50,00Zero at time of writing) prize pool primarily based in your gameplay efficiency over the course of the occasion!

Each participant that participates within the Elite League will obtain a REVV reward, and the highest gamers will win huge!

This occasion is a method to discover inventive methods to mix DeFi, NFTs, and sport mechanics as we construct a real play-to-earn financial system in F1® Delta Time, made potential by the distinctive capabilities of blockchain gaming. We’re giving all entrants one thing for participation and moreover rewarding probably the most expert gamers. Please tell us what you assume (see contacts beneath).

Be a part of us now at www.f1deltatime.com for our most enjoyable racing occasion but!

Fast Begin: F1® Delta Time’s Elite League Time Trial 14-Day Occasion

  • Guarantee you have got at the very least 10,00Zero to 100,00Zero REVV accessible for staking (you’ll declare it again after 14 days)
  • Personal at the very least one Automotive, Driver, and Tyres
  • Further Elements (Brakes, Suspension, and many others.) will enhance your Automotive however aren’t essential to play
  • To enter the occasion, stake your REVV on 5 October 2020 UTC (you may make your entry stake after 5 October if you want, however this implies you’ll miss some race days)
  • Racing begins on 5 October 2020, 00:01 UTC with a brand new race occurring day-after-day
  • You’ll be able to enhance your stake (or make your first stake) on 5–7 October and 12–14 October 2020

Want a Automotive, Driver, or Tyres? Purchase them and all different elements on OpenSea.

Want REVV? Get some right here.

Begin taking part in at www.f1deltatime.com!

REVV racing
Be sure you have the Automotive, Driver, Tyres and Elements to compete

The way it Works

Entry to the Elite League requires staking of REVV. This stake will probably be held by F1® Delta Time and might be claimed again in its entirety 14 days after a participant’s most up-to-date stake. Gamers who place in successful positions will obtain prizes in REVV. All gamers will obtain rewards, which will probably be primarily based on their efficiency in the course of the occasion.

NOTE: as a way to race within the Elite League Time Trial particular occasion you need to stake REVV. Racing begins on 5 October 2020 so we suggest that you simply stake on that day as a way to maximise your occasion efficiency. You’ll be able to nonetheless make your entry stake after that date, however late entry will trigger you to overlook race days and can lower your possibilities of success.

Like within the regular Time Trial sport mode, gamers of the Elite League Time Trial want to pick out the suitable Automotive, Driver, and Tyres composition for every race monitor. The monitor adjustments every day, requiring the participant to change their present composition day-after-day as a way to maximise race efficiency. Outcomes are for a every day foundation, with solely your greatest time being counted.

Not like the conventional Time Trial, no price is required to play on this particular occasion. As a substitute, gamers may have limitless tries (supplied after all that they’ve staked the REVV required to enter the occasion).

NOTE: Fuel charges apply to REVV staking and claiming.

Entry REVV Stake

To enter the Elite League, rivals should stake a minimal quantity of REVV in keeping with the Tier/s through which they want to compete. A REVV stake solely counts for a selected Tier, so if you wish to compete in a number of Tiers you will want to stake a number of occasions.

Reward Swimming pools and Minimal Stake (Staking Entry)

revv stake reward pools

*The Shared Pool is a hard and fast 2% of the whole rewards for every Tier, distributed evenly amongst gamers who didn’t place within the prime 20 of their Tier.

Every Tier has its personal entry requirement and rewards, with Tier A having the very best entry necessities and rewards.

The highest 20 gamers in every Tier will win a hard and fast quantity of REVV relying on their place (e.g, 1st place in Tier A will win 100,00Zero REVV). Gamers who place 21st and past will obtain an equal share from the Shared Pool, which is 2% of that Tier’s Reward Pool (e.g, In Tier A the Shared Pool for positions 21+ is 20,00Zero REVV, which will probably be cut up evenly among the many variety of relevant gamers).

As soon as staked, your REVV is locked for 14 days following your most up-to-date stake. You’ll be able to withdraw your REVV stake after this lockup interval ends. Rewards will probably be airdropped to individuals roughly two days after the tip of the Elite League, or round 21 October 2020.

Fastened Payout Tier A

fixed tier payout a

Fastened Payout Tier B

fixed payout tier B

Fastened Payout Tier C

Fixed Payout Tier C

Stacking Your Stake

Though there’s a minimal stake required to enter every Tier on this occasion, there isn’t any higher restrict. Gamers have the choice to stake REVV in the course of the first three days of each weeks (Monday to Wednesday UTC, being 5–7 and 12–14 October). This lets you enhance your stake in a Tier even after the occasion has began.

All stakes are topic to a 14-day lock interval. Gamers who stake early on Day 1 will be capable to withdraw that stake when the occasion ends 14 days later. Gamers who stake on Day 2 or later might want to wait 14 days to say again their stake in that specific Tier. Which means that your REVV might be locked up even after the tip of the occasion, relying on if you staked it.

Tiers and Rewards

Each participant will obtain two forms of rewards for collaborating within the Elite League particular occasion.

Fastened rewards: paid out to all gamers in each Tier. The precise quantity of REVV received is decided by a participant’s last place on the finish of the occasion. The highest 20 gamers in every Tier will obtain an quantity of REVV primarily based on their place, and all remaining gamers will obtain an excellent share of the Shared Pool, which consists of two% of that Tier’s Reward Pool.

Yield rewards: the High 10 gamers in every Tier may also obtain extra winnings within the type of a yield instantly proportional to the quantity of REVV that they staked. Fr instance, if a participant staked 1,000,00Zero REVV and finishes in first place, he/she’s going to obtain the primary place prize for his/her Tier from the fastened rewards, plus a further yield reward of 1.5% of the REVV that he/she staked for the Elite League particular occasion.

2 Week Yield Chart (All Tiers)

REVV yield chart

The staking yield proportion is similar for all Tiers and is predicated on the participant’s Leaderboard place.

Instance Winnings

Example Winnings

NOTE: The Complete Winnings column within the desk above exhibits solely the quantity of REVV gained, and doesn’t embody the unique REVV stake that gamers may also withdraw after the occasion.

What’s Subsequent

Make sure to try theF1® Delta Time gameplay teaser on YouTube boasting improved resolutions and textures. The complete gameplay of F1® Delta Time will probably be accessible to the general public in October!

And maintain your eyes peeled, as a result of within the coming month we’ll be launching the primary F1® Delta Time monitor sale. This will probably be your probability to personal a portion of a race monitor in F1® Delta Time, permitting you to earn a REVV dividend from each race it hosts!

Any questions, give us a shout!

Have questions? Hit us up on social media at Twitter or Fb, or be a part of us on the official F1® Delta Time channel on Discord.

F1® Delta Time on Discord: https://discordapp.com/invite/dFBprfN

F1® Delta Time on Twitter: https://twitter.com/F1DeltaTime

F1® Delta Time on Fb: https://www.fb.com/F1DeltaTime

You may also discover out extra about REVV over on the official Twitter and Telegram channels.

REVV on Twitter: https://twitter.com/REVV_Token

REVV on Telegram: https://t.me/REVVCommunity

The F1 FORMULA 1 emblem, F1 emblem, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and associated marks are emblems of Components One Licensing BV, a Components 1 firm. All rights reserved.


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