Kaby Arena Leaderboard schedule and Reward Cheque Details: https://medium.com/kaby-arena/kaby-arena-leaderboard-rewards-schedule-and-the-introduction-of-early-cash-out-tax-ce7d8d664de8
Our very first Leaderboard reward schedule: Leaderboard Reset: Nov, 21st - 05:00 AM UTC
Reward distribution: Nov, 23st - 05:00 AM UTC
The reward will be in the form of Reward Cheque
Reward Cheque & Early Cash-out Tax- Tax is starting at 30%, decrease by 2% per day. After 15 days, the full value will be automatically added to the in-game balance.
- Player can still cash-out anytime to receive the taxed amount.
- All revenue from tax will be burnt.
Reason for the introduction of Early Cash-out Tax- Minimize the risk of sudden influx of $KGT every reward cycle.
- Encourages in-game economy between top players (receive $KGT) rewards and casual players (receive Treasure Boxes). The P2E profits are shared among all players.
Spread the words: https://twitter.com/KabyArena/status/1462046857996251144?s=20
