# Prize Pools & Multipliers ## What is a Prize Pool? The prize pool is the total amount of funds or rewards available to be distributed among Tekika holders. It serves as one of the main incentives outside of the collectable gear to journey through and gain XP. Our prize pool will be made up of $TLOS as well as other tokens our partners have contributed. *** ## How is the $TLOS Prize Pool Funded? **Season 2:** **With each new Tekika mint, we are increasing the Total $TLOS Prize Pool.** For the first **0 - 10,000** mints total prize pool increases by $8 for each new mint. For **10,001 - 20,000** mints total prize pool increases by $6 for each new mint. For **20,001 - 30,000** mints total prize pool increases by $5 for each new mint. This creates a total prize pool potential of $190,000 in $TLOS tokens. You can share your referral code to further gain XP and increase the $TLOS prize pool. *** #### **Distribution of the Prize Pool** The distribution of the total prize pool is based on the total XP attributed to each Tekika NFT. $TLOS tokens will be available to claim at the end of each month, following the calculation of all totals.\ There will be a total of three $TLOS claims throughout the season. *** **Month 1 Distribution** * The total prize pool is divided by 3 to calculate the **Month 1 Available Claim Pool (ACP)**. * To calculate each user's individual claim amount from the ACP: 1. Divide the ACP by the total XP of all Tekika NFTs to determine the reward per XP. 2. Multiply this figure by the current XP of the individual's Tekika NFT. * This calculation provides the claimable amount in USD per Tekika NFT. * The **average market value of $TLOS** is then used to determine the number of $TLOS tokens that can be claimed. *** **Month 2 Distribution** * The **Month 2 ACP** is calculated as follows: 1. Determine the increase in the total prize pool since the end of Month 1. 2. Divide this increase by 2. 3. Add **one-third of the Total Prize Pool from Month 1**. * To calculate each user's individual claim amount from the Month 2 ACP: 1. Divide the ACP by the total XP of all Tekika NFTs to determine the reward per XP. 2. Multiply this figure by the current XP of the individual's Tekika NFT. * This calculation provides the claimable amount in USD per Tekika NFT. * The **average market value of $TLOS** is then used to determine the number of $TLOS tokens that can be claimed. *** **Month 3 Distribution** * The **Month 3 ACP** is calculated as follows: 1. Determine the increase in the total prize pool since the end of Month 2. 2. Add **one-third of the Total Prize Pool from Month 1**. 3. Add **half of the Total Prize Pool from Month 2**. * To calculate each user's individual claim amount from the Month 3 ACP: 1. Divide the ACP by the total XP of all Tekika NFTs to determine the reward per XP. 2. Multiply this figure by the current XP of the individual's Tekika NFT. * This calculation provides the claimable amount in USD per Tekika NFT. * The **average market value of $TLOS** is then used to determine the number of $TLOS tokens that can be claimed. *** #### **Notes** * Users’ XP resets at the start of each month, so only XP earned during the respective month contributes to the claim calculation. * The ACP grows over time as the total prize pool increases, reflecting additional users and engagement throughout season 2. *** ``` // Some code ``` ## Partner Quests Completing partner quests makes holders eligible for their prize pool. The XP gained via each partner's quest will determine your allocation. Your allocation will be calculated at the end of Season Two. Similar to claiming $TLOS, you can claim partner tokens. *** ## What are XP Multipliers & XP Boosts? XP multipliers do not exist in season 2 and boosts are factors that increase the amount of rewards a participant can claim. *** **Relic NFT collections** The Tekika Relics NFT collection is our XP-boosting collection that helps you earn more of our prize pool. As you may know by now the XP you earn not only helps you unlock gear but gives you more weight when claiming rewards. There will be a relic available to claim each week of the season 2 duration. They will all be free to claim on Rarible.com There may be a WL component utilised to ensure all Relics are minted by Tekika NFT holders. Each Relic will be FCFS. {% embed url="" %} Season 1 Relic Overview {% endembed %} In Season 1 we had a total of 7 relics which you can read more about [here](https://tekika.gitbook.io/tekika/tekika-lore/season-1-relics) Discover the Relic Season 1 page here on [Altura Marketplace](https://app.alturanft.com/collection/40/0x5866692c8cb7011e6d61db6bbff956297ee430d0) **In Season 2 we aim to have a total of 12 Relics:** * Week 1: 30,000 Relics - 500 XP * Week 2: 13,000 Relics - 1,000 XP * Week 3: 10,000 Relics - 1,500 XP * Week 4: 5,000 Relics - 2,500 XP * Week 5: 4,000 Relics - 4,000 XP * Week 6: 3,000 Relics - 6,000 XP * Week 7: 2,000 Relics - 8,000 XP * Week 8: 1,000 Relics - 12,000 XP * Week 9: 900 Relics - 18,000 XP * Week 10: 800 Relics - 25,000 XP * Week 11: 250 Relics - 40,000 XP * Week 12: 50 Relics - 60,000 XP ### **Applying Relic XP** \ If you miss out on a relic or want to get your hands on more to increase your XP, you will be able to buy, sell and trade them!
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