How to maximize your earnings
Validating prediction market outcomes is a simple process, but there are a number of ways in which you can increase your earning power as an Analyst.
Compound your rewards
Rewards are provided for accurate validation of markets based on your share of the total validation power. Once a market closes, you will be able to either claim your rewards as FORE into your wallet, or compound your rewards. If you claim your rewards, the FORE will be compounded into your NFT as additional power, giving you a larger share of validation rewards.
Let’s say you just minted an NFT, and let’s take the very conservative assumption that a single validation would reward you with 20 FORE. The below table can help you understand the value of compounding versus withdrawing your rewards. Please note, this will depend on market size and the relative power of the validator compared to the total validator pool.
Rewards
No compound
Compound
Single validation
20 FORE
20 FORE
After a month (10 validations)
220 FORE
242 FORE
After a quarter (30 validations)
768 FORE
1,113 FORE
After 6 months (60 validations)
1,678 FORE
3,673 FORE
Total NFT power
(starting at 1,000)
2,678 FORE
4,673 FORE
Total return (%)
167.8%
367.3% (+75%)
Upgrade your NFTs
Each NFT is minted as a blue NFT with a 1x multiplier. Consecutive validations give you the opportunity to level up to silver, gold, and black tiers. Each subsequent tier will give you a higher reward multiplier, providing you with a greater share of the total validation pool.
FIRST
45 DAYS
AFTER
45 DAYS
TIER
Validations Required
Reward Multiplier
Validations Required
Reward Multiplier
BLUE
0
1x
0
1x
SILVER
5
1.2x
30
1.1x
GOLD
15
1.38x
75
1.175x
BLACK
25
1.518x
150
1.225x
Fast-track your earnings
As the above table shows, becoming a validator within the first 45 days can dramatically increase your earnings. For the first 45 days, we’ve reduced the number of validations required to level up your NFT, and increased the reward multiplier to allow you to earn a greater share of the total reward pool.
If you’re an active Analyst from day one, you can set yourself up for success by accruing power at a much faster rate. While the Reward multiplier and number of validators will change after the first 45 days, your power will remain intact - allowing you a greater share of the validator reward pools versus newer validators.
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