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We have partnered with VeChain's VeBetter DAO to integrate our Health Index with $B3TR rewards, aiming to motivate and reward users for maintaining healthy lifestyles.
On a broader scale, the distribution system operates with a pooled structure. Each period, the cumulative Health Index generated by the community is divided by the total $B3TR tokens available for distribution. This calculation determines the value of $B3TR per Health Index point for that period.
For example, assuming:
- 100,000 $B3TR Tokens are available for distribution for the period
- 250,000 HIS generated by the user base
100,000 $B3TR / 250,000 = 0.40 $B3TR which is the value for each Helath Index point for that period.
At an individual level, the amount of $B3TR you receive is determined by your Health Index Data NFT level, which applies a multiplier to your total Health Index Score:
- Level 1 is a 1x multiplier
- Level 2 is a 2x multiplier
- Level 3 is a 3x multiplier
- Level 4 is a 4x multiplier
For example:
If you have earned a Health Index of 50 for this example period and each point of the Health Index is worth 0.40 $B3TR, you would receive 20 $B3TR (0.40 $B3TR × 50 = 20 $B3TR)
if you possess a level 3 Data NFT, which has a 3x multiplier, the $B3TR Rewards would be calculated as follows: 20 $B3TR × 3 = 60 $B3TR tokens.
To Import inPersona Wallet into VeWorld
1. Download the 'VeWorld' app.
2. Open the inPersona app, navigate to the Wallet section and tap on the key icon. Complete the security quiz and copy the Private Key. ( Do not show or share this key to anyone as they will be able to steal your funds!)
3. Open the 'VeWorld' app and select 'Import Wallet'>'Local Wallet'.
4. Paste your private key into this text box, then select 'Verify'.
To connect VeWold Wallet to the Health Index
1. Open the VeWorld app, click the yellow box at the top right with your wallet address.
2. In the pop up page click the yellow box at the bottom to copy the wallet address.
3. Open the inPersona app and select your Data NFT on the dashboard tab.
4. Select the Health Index, paste your VeWorld wallet address in the box, and select 'Save'. You can now start earning $B3TR!
To vote for Vyvo Smart Chain on VeWold
1. Open the VeWorld app and go to the 'Discover' Tab. Type in governance.vebetterdao.org in the address bar then tap the search icon.
2. Bookmark the website so you don't have to type it again and then select 'Connect Wallet'.
3. Select 'Sign' and then 'Confirm'.
4. To be able to vote you need to swap your $B3TR tokens for $VOT3 tokens. Select the swap icon to do so.
5. Scroll down to the 'Allocation Rounds' area and select the current one that is 'Active'.
6. Scroll down until you see the different projects you can vote for at the bottom. Put in the percent of your $VOT3 tokens that you want to allocate to Vyvo Smart Chain and then select 'Cast Vote Now'.
7. Your vote should now be registered! Make sure to vote each week before 11:59 PM UTC.
Please note:
- The Health Index is only available for Data NFTs Level 1 and up
- If you don't have a VeChain Wallet you will still receive the Health Index insights, but will not be rewarded with $B3TR tokens.
- The index is recalculated every Monday using data collected from the previous week.
- Missing readings for a specific measurement will result in negative or no points being awarded for that measurement.
- The algorithm is in the beta phase and will be gradually improved and might change over time.