Mullet Machine
The rewards engine that powers Mullet — funded by real yield and provably fair.
Overview
The Mullet Machine is the reward mechanic that powers Mullet. It takes activity and deposits on the platform and rewards users with points that can be used to earn prizes.
The value of the prizes offered is directly tied to the status a user earns in Mullet. You earn status by holding an active stablecoin deposit, maintaining streaks, growing your account, and referring new users.
The Mullet Machine restocks prizes through a percentage of yield earned by users on the platform. That means the more users deposit on Mullet, the better the rewards offered in the Mullet Machine.
Funded by real yield
Mullet is funded by real yield, not inflationary token mechanics.
How it Works
The Mullet Machine is an aggregator of both onchain and offchain rewards — similar to real-world vending machines or the gacha mechanics commonly seen today. It combines stablecoin rewards with tiered incentives to create sustainable growth for users.
The core concept: each incremental deposit added to Mullet grows the rewards pool and provides better rewards for all users. Users are incentivized to deposit more, earn more, and grow the entire Mullet ecosystem — because it means better odds and better rewards long term.
Ultimately, as the Mullet Machine grows, users earn higher status and the overall experience of the platform gets better. There are different tiers of Mullet Machine that can be unlocked depending on your account level.
Status, Tier & Prize Eligibility
| Status | Tier | Prize Eligibility |
|---|---|---|
| Bald | 1 | TBD |
| Baby Mullet | 2 | TBD |
| Party Mullet | 3 | TBD |
| Golden Mullet | 4 | TBD |
| Legendary Mullet | 5 | TBD |
Coming Soon
More info on prize inventory and odds coming soon.
Provably Fair
The Mullet Machine uses Chainlink VRF as a provably fair and verifiable random number generator, so prize draws can't be tampered with.