BIZVERSE - DOCUMENTATIONS
  • STORY OF BIZVERSE
  • THE WORLD 3D MAP IN BIZVERSE
  • MY SOCIAL IN BIZVERSE
    • Overview
    • Bizverse Social Features
      • 3D Character
      • Your Profile
      • Newsfeed
      • Timeline
      • Status/Post
      • Like, Comment, Or Share
      • Other Reactions
      • Story
      • Notification
      • Messenger
      • Video Meet
      • Friending
      • Followers
      • Pages
      • Groups
      • Events
      • Memories
      • Find Friends
      • Earnings
      • Movies
      • Games
      • Jobs
      • Digital Assets
      • Mystery Card
      • Write to Earn
    • Getting Started With Bizverse Social
    • Customize Your Profile
    • Community
      • Page Settings
      • Group Settings
      • Event Settings
    • Friending on Bizverse Social
    • BIZGift Game on Bizverse Social
    • Privacy and security
  • MY BUSINESS IN BIZVERSE
    • Bring Your Business to Metaverse of Bizverse
    • Manage Your Business in Bizverse Social
      • Create a New Business
      • Manage Your Business
  • MY SPACE IN BIZVERSE
    • Sign-in to Bizverse My Space
    • Create and Join Space
    • Creating Custom Avatar
    • Bizverse My Space Features
    • Sharing Avatar Links Privately
    • Building Your Private Space with Bizverse Space Studio
    • User Settings
    • My Space Settings
    • Controls
    • Troubleshooting
    • FAQ
  • EARN IN BIZVERSE
    • Reward Mechanism
    • Deposit and Withdraw VRA Informations
    • BIZGift Game
      • Overview
      • Login to BIZGift Game
        • Creating a Bizverse Social account
        • Sign in to Bizverse Social account
      • BIZGift Game Interface
      • Types of Gifts
      • Getting Started with BizGift Game
        • Business
        • Player
      • Note
    • Play to Earn
    • Watch to Earn
    • Build to Earn
    • Write to Earn
    • Shopping to Earn
    • Other to Earn
  • 360 SPACE IN BIZVERSE
    • Sign-in to Bizverse 360 Space
    • Create and Join Space
    • Creating Custom Avatars
    • Use Full Body Avatar created on Bizverse Social to join Space
    • Share webcam on Avatar when joining Space
    • Switch perspective
    • Animation for characters
    • Create and manage Gifts in Space
    • Bizverse 360 Space Features
    • Sharing Avatar Links Privately
    • User Settings
    • Space Settings
    • Controls
    • Troubleshooting
    • FAQ
  • VIDEO MEET IN BIZVERSE
    • Overview
    • Start a Bizverse Video Meet
    • Join a Bizverse Video Meet
    • Share a Bizverse Video Meet
    • Supported browsers
    • Use Bizverse Video Meet on Mobile
    • Keyboard shortcuts
    • Basic options
    • Advanced options
  • GAME CENTERS IN BIZVERSE
    • BIZVERSE GAME CENTER
      • Overview
      • Getting started with Bizverse Game Center
      • Enjoying exciting games
      • Earning free VRA and bonuses
      • Bizverse Game Center on Mobile
    • BIZVERSE RELAX ZONE
      • Overview
      • Getting started with Bizverse Relax Zone
  • E-COMMERCE IN BIZVERSE
  • E-CLASS IN BIZVERSE
    • Overview
    • Getting Started
    • Account & Profile Settings
    • Key Features
    • FAQs
  • E-REAL ESTATE IN BIZVERSE
  • RENTALL IN BIZVERSE
    • Overview
    • Getting Started
    • User Roles
    • Product features that make our product distinctive
    • Pages
    • Host Workflow
    • General Workflow
    • Testing Accounts
    • Terms & Privacy
  • NFT MARKETPLACE IN BIZVERSE
    • Overview
    • Get Started with NFT Marketplace
    • Interface
    • How to create and sell NFTs on MarketPlace
    • Details NFT
  • BIZVERSE WORLD BROWSER
    • Install Bizverse World
    • Bookmark a page in Bizverse World
    • Resize the Bizverse World window to full screen or focus view
    • Using Voice Search in Bizverse World
    • Bizverse World for VR headsets
    • Private Mode in Bizverse World
    • Switch to another language on Bizverse World
    • Crash reporting in Bizverse World
    • End of support for Bizverse World
  • BIZVERSE MOBILE APP
  • GROW (STAKING BIVE) IN BIZVERSE
    • REWARDS
  • VOTE IN BIZVERSE
    • ADMINISTRATION POOL
  • GET VRLAND
  • PROPOSED DEVICES IN BIZVERSE
  • BIZVERSE WORLD HISTORY
  • WALLET SYSTEM IN BIZVERSE
    • Instructions for withdraw VRA Bizverse Social
  • FAQs
    • How to claim purchased BIVE token?
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  • Overview:
  • The main components of the Administration Pool
  • What do users need to do?
  1. VOTE IN BIZVERSE

ADMINISTRATION POOL

Overview:

Bizverse's admin pool is active for X days. Each cycle will record the revenue during the period and share it with the members participating in that cycle.

The main components of the Administration Pool

  • Ongoing cycle: time and parameters of the current cycle, information about the account participating in Grow and the expected reward;

  • Revenue sharing history: Information on cycles that have taken place;

  • Proposal: the system's important proposals need to be approved by the community Voting (the Voting section above)

At 0:00 UTC on the first day of the cycle, the system will fix the number of BIVEs of users participating in the Administration Pool (the number of BIVEs that users have joined Grow for 12 months). The number of BIVEs will determine each member's reward rate.

Current Admin Pool information:

  • Total number of BIVEs participating in the cycle;

  • Number of people participating in the cycle;

  • Cycle time;

  • Shared volume for the Admin Pool;

User's Grow Information:

  • Number of BIVEs participating in Grow in the Admin pool;

  • Shared rate;

  • Expected reward;

What do users need to do?

To participate in the reward, users need to join the Grow BIVE 12-month package and join the Administration Pool before 0:00 UTC on the first day of a cycle.

The system will pay the bonus for the previous cycle within the first 7 days of the next cycle.

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Last updated 2 years ago