The Event Passes act as a unique DeFi game that empower mEvents.
Their purpose is to support and incentivize 3 key contributors: LinkUp Space Initiators, Event Creators, Fans.
How do they do that?🤨
By minting mShards to each of the 3 key pillars when used.
Here’s how it works👇
A user must burn their Event Pass.
To enable burning, first it must be activated during an event.
Once burnt:
→ LinkUp Space Initiators get mShards directly to their LinkUp Space mWatch which increases the passive daily farm ratio of their space.
→ Creators get a % of the total mShards obtained by the user who burns the Pass.
→ Users get mShards depending on the EPY, Shards Pool Completion Rate & Activity Score of their Pass.
How many Event Passes have you crafted until now?