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Early Staking

Rewards
This document defines the Early Staking Rewards Distribution Programme, a
six-month operation following the World Mobile Token Generation Event (TGE)
and before the mainnet launch. It’s worth noting that 1 WMT can be subdivided up
to 6 decimal places (1 million units: “Marconis”).

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Early Staking
Rewards

Distribution
Fifty million tokens will split between the different stakers, according to Figure 1.
FIGURE1

Staking Type Number of tokens Time of Distribution

Earth Node Operators 20,000,000 After 6 Months

Public Sale Pool 20,000,000 Every Threshold Reached

Private Sale Pool 10,000,000 Monthly

Total Tokens 50,000,000

Earth Node Operators


You must reserve 100,000 tokens to stake an Earth Node. There will be 1000 Earth Nodes available to
reserve during the Early Staking Rewards Programme. Reserving an Earth Node earns you additional
incentives and makes you one of the first to secure the network.

If a user decides to stake their tokens using their TGE wallet, they will be permitted to stake with no
additional proof.

If a user decides to stake their tokens using a wallet that was not used in the TGE, they will be required to
send a transaction from their new wallet as proof of ownership.

As the Cardano network does not yet support smart contracts, if the tokens have not been moved from
the wallet at the end of the six months, the reward will be issued.

There will be a maximum reward available for early stakers who reserve their Earth Nodes first. You can
see in Figure 2 that rewards decrease until the final 101st-1000th node.

If not all Earth Nodes are reserved by the end of the six months, then the remaining reward tokens will be
split equally: 15% will be sent as an additional reward to the Earth Node reservists and the remaining
85% will be sent to the WM Operations Fund.

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Early Staking
Rewards

Earth Node Operators Table FIGURE 2

Node Number of Tokens required Tokens per Monthly dist. Monthly 6 month 6 months
Operators nodes per node cohort per node dist.per dist.per dist. per
cohort node cohort

1st - 5th 5 100,000 500,000 15,667 78,333 94,000 470,000

6th-10th 5 100,000 500,000 13,000 65,000 78,000 390,000

11th-20th 10 100,000 1,000,000 10,000 100,000 60,000 600,000

21st-30th 10 100,000 1,000,000 8,000 80,000 48,000 480,000

31st-40th 10 100,000 1,000,000 6,000 60,000 36,000 360,000

41st-50th 10 100,000 1,000,000 5,000 50,000 30,000 300,000

51st-100th 50 100,000 5,000,000 4,000 200,000 24,000 1,200,000

101st-1000th 900 100,000 90,000,000 3,000 2,700,000 18,000 16,200,000

Total 1000 100,000,000 3,333,333 20,000,000

Example 1 User reserves 1st Earth Node at the start of the Early Incentive Rewards
Programme, and keeps them in early staking for the full six months:
*Not including potential additional rewards if reservations are not full.

NUMBER OF TOKENS STAKED NUMBER OF TOKENS EARNED* CALCULATION

100,000 94,000 15,667 x 6

User reserves the 20th Earth Node in month three, keeps them in
Example 2 early staking for three months:

*Not including potential additional rewards if reservations are not full.

NUMBER OF TOKENS STAKED NUMBER OF TOKENS EARNED* CALCULATION

100,000 30,000 10,000 x 3

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Early Staking
Rewards

Public Sale Pool Staking


The public sale pool is an early staking pool for those who would like to stake their tokens but do not
want to commit to reserving an Earth Node.

Stakers can stake any amount of tokens at any time during the programme. The release of tokens occurs
each time a threshold is achieved, as detailed in Figure 3.

Stakers earn rewards if they hold their tokens for a minimum of 30 days following the token release
threshold. During these 30 days, the participant must hold a minimum balance of their staked amount
taken at the snapshot to qualify for their rewards.

If a user decides to stake their tokens using the wallet in the TGE, then they will be permitted to stake
with no additional proof.

If a user decides to stake their tokens using a wallet that was not used in the TGE, they will be required to
send a transaction from their new wallet to prove they have the funds.

Each time a threshold is reached, a snapshot of the addresses that are staking in the pool is taken. At
the end of the 30 days following the threshold release, the address is checked to ensure the tokens
were held continuously.

Suppose not all thresholds are achieved at the end of the six months. In that case, the remaining reward
tokens will be split: 15% will be sent as an additional reward to the stakers (distribution will depend on
how long stakers have staked their tokens), and the remaining 85% will be sent to the WM operation
fund.

Stakers may leave and rejoin the staking pool. However, if they leave within the 30 days following the
previous threshold token release they will forfeit their rewards.

When 100 million tokens are staked in the public pool, there will be no further early staking rewards
available in this programme.

As tokens are released, they'll be added automatically to the total staked by the participant, and hence
there is a cumulative total for the next threshold.

Tokens earned are unlocked.

Copyright © 2021 World Mobile Token Ltd. All rights reserved. https://worldmobiletoken.com
Early Staking
Rewards

Public Sale Pool Staking FIGURE 3

TOKEN RELEASE THRESHOLD (WHEN TOTAL


THRESHOLD STAKE REWARD RELEASE
TOKENS STAKED REACHES THIS AMOUNT)

1 500,000 45,767

2 1,000,000 91,533

3 2,000,000 183,066

4 5,000,000 457,666

5 10,000,000 915,332

6 20,000,000 1,830,664

7 30,000,000 2,745,995

8 50,000,000 4,576,659

9 100,000,000 9,153,318

Total Tokens 20,000,000

Copyright © 2021 World Mobile Token Ltd. All rights reserved. https://worldmobiletoken.com
Early Staking
Rewards

Public Sale Pool Staking

Example 1 User stakes 1,000 tokens before reaching the first threshold and
keeps them in early staking until 100 million tokens are staked.

NUMBER OF TOKENS
NUMBER OF TOKENS

THRESHOLD calculation
(CUMULATIVE) EARNED
1 1,000 92 (1000/500000) x 45767

2 1,092 100 (1092/1000000) x 91533

3 1,191 109 (1191/2000000) x 183066

4 1,301 119 (1301/5000000) x 457666

5 1,420 130 (1420/10000000) x 915332

6 1,549 142 (1549/20000000) x 1830664

7 1,691 155 (1691/30000000) x 2745995

8 1,846 169 (1846/50000000) x 4576659

9 2,015 184 (2015/100000000) x 9153318

Total 1,200

Example 2 A user stakes 1,000 tokens before the fifth threshold is reached and
keeps them in early staking until 100 million tokens are staked.

NUMBER OF TOKENS
NUMBER OF TOKENS

THRESHOLD calculation
(CUMULATIVE) EARNED
5 1,000 92 (1000/10000000) x 915332

6 1,092 100 (1092/20000000) x 1830664

7 1,191 109 (1191/30000000) x 2745995

8 1,301 119 (1301/50000000) x 4576659

9 1,420 130 (1420/100000000) x 9153318

Total 549

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Early Staking
Rewards

Private Sale Pool Staking


There are 10 million tokens allocated to private sale participants. The private sale participants’ tokens will
be locked for nine months following the sale. If they choose to stake, they will be entered into the private
pool Early Staking Rewards Programme.

The private sale staking pool will operate for 6 months and the rewards will be released monthly. These
rewards will be unlocked.

FIGURE 4

TYPE OF POOL Total Number of tokens token release total token


staked in public pool per month rewards

Auto Staking Pool 20,000,000 1,666,667 10,000,000

Example 1 User stakes 1000 tokens and then keeps them in early
staking for six months.

number of tokens number of tokens earned calculation

1,000 200 (1,666,667 x (1000/50000000)) x 6

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