Open Loot Wiki
  • πŸ‘‹Welcome to the Open Loot Wiki!
    • πŸ›’Participating in an Open Loot Sale
  • πŸͺ™$OL Token
    • πŸ†Open Loot Reward Points (OLRP)
    • πŸ’ŽVIP Tier Details
    • 🎁$OL TGE Airdrop
    • πŸ“ŠTokenomics
    • πŸ‡ΊπŸ‡Έ$OL and US Residents
  • πŸ”—Open Loot Social Media Points
  • πŸ€–Clockie Chaos Telegram Game
Powered by GitBook
On this page
Export as PDF
  1. $OL Token

VIP Tier Details

PreviousOpen Loot Reward Points (OLRP)Next$OL TGE Airdrop

Last updated 3 months ago

Open Loot VIP tiers provide users with exclusive privileges, including reduced transaction costs, special airdrops, unique features, and more. VIP tier access is determined by two main factors:

  1. 30-Day Open Loot Activity Score: This score is calculated as a weighted sum of all marketplace activities over the past 30 days. Activity weights vary depending on the type. Purchases made using $OL on the Open Loot marketplace contribute 30% more efficiently to the activity score.

  2. 30-Day Average $OL Balance: This balance is calculated by recording the minimum $OL balance in each user's account daily, then averaging these daily minimums over a 30-day period.

These values determine the appropriate VIP tier for each Open Loot account. The VIP tier will correspond to the lower tier of the two factors mentioned above. Please see the table below for detailed information on each tier:

Open Loot VIP Tier

30-Day Average $OL

30-Day Activity Score

Discount

Unique

???

10,000,000

2.50%

Transcendent

???

250,000

2.00%

Exotic

???

100,000

1.80%

Exalted

???

50,000

1.60%

Mythic

???

25,000

1.40%

Legendary

150,000

15,000

1.20%

Epic

90,000

12,000

1.00%

Rare

50,000

8,000

0.85%

Uncommon

30,000

5,000

0.70%

Common

15,000

3,000

0.60%

No VIP

0

0

0.50%

Transaction Discount: This discount percentage applies to USD-value of purchases made on the Marketplace. The discount only applies if the user pays with $OL.

Note: VIP Activity Score and $OL Balance calculations are based on data from the previous day and reflect activity over the prior 30 days. If a user completes a transaction today that qualifies them for a higher tier, the discount for that higher tier will apply to transactions starting tomorrow.

While the primary benefit of the Open Loot VIP tiers is discounted transactions, additional tier-dependent benefits include:

  • Discounted rates on limited-time premium currency packs

  • Access to special airdrops

  • Increased voting power for feature voting and community decisions

  • Access to exclusive NFT primary sales, with purchase limits on the number of NFTs per user

  • Special in-game perks, such as an extra Hourglass Slot in Big Time, a highly desirable feature

These values determine the appropriate VIP tier for each Open Loot account. The VIP tier will correspond to the lower tier of the two factors mentioned above. Please see the table below for detailed information on each tier:

πŸͺ™
πŸ’Ž