In addition to the benefit of participating in profitable token sales, every staked $PKF on Red Kite will be able to benefit users with up to 2 other bonuses: rewarded Red Kite Points from the Reputation System and APY from the token staking mechanism.

What is Reputation?

Reputation is the amount of Red Kite Points awarded to loyal users of the Red Kite Launchpad. The loyalty is assessed based on the age of $PKF that users stake in Red Kite's Staking Pools.

The longer the token is locked, the higher the Reputation calculation multiplier will be, specifically as follows:

The maximum Reputation calculation duration is 90 days. The first day that tokens $PKF are staked on Red Kite is counted as day 0.

How is User Reputation calculated?

On Red Kite, the age of a token is calculated from the time it is generated according to its transaction hash (the Tx hash), also known as the transaction ID (TxID).

Reputation = ∑(No. of staked tokens of each TxID x No. of day staked x Reputation multiplier)

When a user unstakes tokens on Red Kite, the system nullifies the Red Kite Points awarded for staking, starting from the oldest tokens (or the tokens derived from the earliest Tx hash).

Example

Alex staked 5,000 $PKF on Red Kite. On day 63, he staked an additional 15,000 $PKF. But until day 93, he unstaked 5,000 $PKF.

The change in his Reputation and the total number of Red Kite points he owns is shown by day in the table below.