We take daily snapshots of our delegators, and allocate IBEX points to all the participants that stake with us, every day. IBEX points can be exchanged at any time against $ATOM, coming from the commission of our validators.

Each year in December, a variable amount of ATOMs will be distributed to all the participants, prorated to the IBEX points they earned over the past year, and the number of days they delegated to High Stakes.

The allocated amount of ATOMs will depend on the overall financial results of the company and global market trends, but we will ensure that those who have been loyal to us receive a reward that matches our gratefulness.

Participants can register by connecting a wallet (either through Cosmostation or Keplr, more integrations to come), and are identified by the Cosmos Network address associated with this account.

They can afterwards activate any available network: the staked amount will be picked up and used to calculate their IBEX allocation. All delegators can register, however, they can start earning IBEX points only if they stake overall at least $500.

Each day, the IBEX points earned will be calculated and allocated; their amount will vary based on the changes in the user’s delegations, exchange rates, and other participants. A quadratic function is used to ensure that “whales” do not earn a disproportionate amount of the daily available IBEX.

To register, you will need to sign a small JSON message with your wallet. This message serves as proof of ownership that you own the wallet and its seed phrase.

Refer to the user guide for more information.