Pets and Rho Royalty Points(RXP)
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Q: What is the requirement to activate the asset pet system on Rho?
A: Users need to supply at least 0.05 ETH or an equivalent amount in Stablecoin.
Q: How are points accumulated in the asset pet system?
A: For every additional 1 USDT amount staked, users accumulate an extra 1 point per day. Points are updated every 4 hours.
Q: Are there any benefits for users who supply a significant amount of assets?
A: Yes, users who supply more than 0.1 ETH will receive an exclusive invitation code. If a user invites others who then supply at least 0.05 ETH, the inviter receives 5% of the invited person's points.
Q: How do borrowing activities contribute to the asset pet system?
A: Borrow users accumulate 1 point per day for every 1 USDT (or equivalent ETH) borrowed. However, borrowing ETH by invited users does not count as an invitation reward.
Q: How are points utilized in the system?
A: Accumulated points contribute to the user's position on the leaderboard and also determine the level of the user's pet. Pet levels can increase with the supply of assets, with a maximum level cap of 99. Higher-level pets unlock more benefits.
