Discount Trees

 

Discount Trees

Q1: What is a Discount Tree?
A: A Discount Tree produces two things: additional MERCs (8% more MERCs annually) and Element Tokens (ETs).

Q2: How do I create a Discount Tree?
A: Users can create a Discount Tree by staking MERCs in the LM staking wallet. To create a Small Discount Tree stake 10,000,000 MERCs and to create a large Discount Tree 50,000,000 MERCs. Users can create/grow as many trees as wanted

Q3: What is an Element Token (ET)?
A: ETs are the Discount “fruit” of your Tree. Think of each ET as a discount that has the theoretical value of a dollar that LM clients can use to reduce their monthly invoices. “Discount Farmers” can take their ETs to the Element Token Exchange (ETX), where they can be traded with LM clients in exchange for MERC Reward Points (MRPs).

Q4: What are the benefits of staking more MERC to grow my Tree?
A: As you stake more MERCs, your Tree will not only grow more ETs and additional MERCs, but you can increase your production ratio (number of MERCs to create each ET) as you reach each new level.

Small MERC Discount Tree: 10 million staked

1. The current rate is 200 ETs for each 10mm MERCS

Large MERC Discount Tree: 50 million staked

1. Current rate is 300 ETs for each 10mm MERCS for a total of 1500 ET monthly