Multipli is a cross-chain yield farming platform that offers users the opportunity to earn rewards through two primary mechanisms. You can farm both Crystals and Orbs, each with it's perks!
A quick degen reminder about Turtle Club boosts! If you're a "turtle" and deposited into Multiplifi .... you get to claim your free ORBs. Whatever ORBs you’re receiving on the Multipli website, Turtle Club gives you a 20% boost. This held by Turtle and converted to $TURTLE during the TGE.
This boost also applies to Yarm deposits, and applies at the end of it's campaign. It pays better to be part of the Turtle Club, as earning towards the $TURTLE allocation wasn't good enough!
Both Crystals and Orbs play distinct roles in the Multipli ecosystem, with Crystals focusing on rewarding content creation and community engagement, while Orbs are tied to financial activity and investment within the platform.
Together, they aim to create a balanced incentive system that promotes both active participation and financial commitment. I first came along ORBs on Yarm, where I backed creators to earn yield.
As the "Yarm" is powered by Multipli, the backing amount also earns ORBs. So far I got 8.6k ORBS with my maUSDC, and I am more intrigued by this dual rewards system.
Orbs are rewards given to users for holding xTokens, those yield-bearing tokens like xUSDC or xUSDT, on the Multipli platform. For every $100 worth of xTokens held, users earn 6 Orbs per day.
Additionally, users can earn 10% of the Orbs generated by each successful referral. Orbs are distributed periodically and are part of Multipli's incentive structure to encourage long-term engagement and growth within the platform
The first deposit perk on Multipli gives new users a limited-time boost to their Orb earnings. When you make your initial deposit, you receive a 20x multiplier on Orbs plus 2 Orbs for every $1 deposited. This first deposit is significantly increasing your rewards.
This offer is designed to encourage early participation and is only available for a short window, expiring seven days after you first connect your wallet. To take advantage, simply connect your wallet, deposit USDC or USDT, and your Orbs will start accumulating with the enhanced multiplier.
Based on my activity and balance on BNB and Ethereum mainnet ... I got 192.15 ORBs as a bonus! Not massive but still a good start for this journey into the unknown! The clock was ticking!
You can earn more Orbs by increasing your holdings of xTokens, since Orbs are generated based on the value you hold. You can also boost your earnings by referring others, as you receive a percentage of the Orbs generated by users you bring in.
Participating in special campaigns or events occasionally rewards extra Orbs, and simply staying engaged long-term ensures a steady accumulation, as the system is designed to favour sustained participation.
I swapped and bridged any asset that was unlocked, and consolidated into USDC on mainnet. All this effort was for that first deposit boost, and I decided to take full advantage of 20x ORBs multiplier for every dollar!
Crystals serve as the creator currency within the Multipli ecosystem. They are primarily earned by engaging with the platform's content, such as participating in discussions, creating educational materials, or contributing to the community in other meaningful ways.
Crystals are designed to incentivize and reward active participation and content creation, fostering a vibrant and engaged user base. They were introduced with the Multipli campaign on Kaito!
Each week, the top 200 yappers earn Crystals based on their performance in the Multipli x Kaito leaderboard. This takes into account engagement, the quality and number of followers, and the amount of sKaito they hold.
Creators can choose to hold their Crystals until the TGE to maximize their allocation or sell them along the way for immediate liquidity. The initiative aims to foster a vibrant, engaged community while aligning content creation with the growth of the Multipli ecosystem.
Residual Income:
Claim your Zerion XP!
Mindshare: Kaito / Cookie / Wallchain / Mindo
Play2Earn: Splinterlands & Holozing