STE rewards calculation

There are 3 types of rewards: Merchant rewards, MOON bonus and NFT card rewards

1. Merchant rewards:

The reward amount depends on reward percent and transaction value of each transaction.
BaseReward(STE)=ProjectParamsf(TransactionValue,RewardPercent)BaseReward (STE) = ProjectParams * f(TransactionValue,RewardPercent)
Beside the partnered merchants available on ShopNEXT app, MOON members are also able to earn rewards when shop and pay with the linked Visa card at other merchants worldwide.

2. MOON bonus:

MOON members are offered a reward bonus, equivalent to 20% of merchant rewards

3. NFT card rewards

You can collect NFT cards to earn up to 4X more rewards if the category of your NFT card matches the category of merchant.
NFT card rewards for each transaction depends on base reward, reward index and the attributes of selected NFT Card.
Reward(STE)=ProjectParamsf(RewardIndex,BaseReward,CardEarning)Reward(STE)=ProjectParams*f(RewardIndex, BaseReward,CardEarning)
If you own multiple NFT cards, the system will auto select a card which gives you most rewards. You also have 48 hours after payment to delete or select another card.

4. How to redeem STE?

Accumulating a minimum of 100 STE in your Earning Balance, which you can redeem for an NFT card case or 1,000 STE to exchange for phone prepaid cards, shopping vouchers, or to cash out.