Mizar has officially announced the completion of its April Farming Program, where a substantial 11.4 million MZR tokens were successfully distributed among its users, dubbed 'Mizarnauts'. This initiative is part of a broader effort to incentivize participation and investment within the platform's ecosystem.
Detailed Breakdown of Rewards
The April segment of the farming program saw a grand total of 11,439,935 MZR tokens distributed. The highest individual reward given out was an impressive 1,662,339 MZR tokens. As it stands, there are 514,764,198 MZR tokens staked on the platform, which contributed to a total reward allocation for April of approximately 7,721,463 MZR, translating to about 1.5% in rewards.
The rewards were strategically divided among different user categories. Staking activities and C-Mizar users each received 3,860,731 MZR. Interestingly, no tokens were allocated to D-Mizar users this time around due to their comparatively lower usage rates. Additionally, special categories like Black Hole and Supernova users received distributions amounting to 1.0% and 0.5% of their staked totals respectively, summing up to 3,718,472 MZR tokens.
User-Centric Decisions and Outcomes
In an effort to optimize the rewards system, the decision was made to focus this month’s rewards on C-Mizar users who showed higher engagement levels. This approach underscores Mizar’s commitment to adapting its strategies based on user activity and platform dynamics.
All participants in the program have already received their respective airdrops directly into their staking wallets, as confirmed by the organization's latest updates. Mizar expresses gratitude towards all its traders and stakeholders for their continued support and participation in these monthly farming initiatives.