Active Rewards

🟠 Status: Vision

This page outlines a conceptual incentive mechanism designed to enhance user engagement and align rewards with ecosystem participation. The Active Rewards system is part of the long-term architecture of the 0Fx Protocol.

Active Rewards

Engage to Earn: Maximizing Participation through Dynamic Incentives

The Active Rewards system in the 0Fx protocol is designed to incentivize user engagement by allowing participants to undertake various missions to earn 0Fx protocol points. These points grant users a proportional share of a weekly reward pool, distributed in 0Fx tokens. The size of this reward pool is determined by the protocol's weekly revenues and the allocation decisions made through governance and user votes.

Earning Points

Weekly Reward Pool

Each week, users can accumulate points that entitle them to a share of the weekly reward pool. The more points a user earns, the greater their share relative to the total points accumulated by all participants. The reward rate per point is announced at the end of each week and is expected to decrease as the 0Fx protocol's market capitalization grows.

Missions and Tasks

Users can earn 0Fx protocol points through various missions, including:

• Token Holding: Holding small quantities of the 0Fx protocol token or any token from its ecosystem to ensure equitable reward distribution.

• Data Sharing: Providing personal information to assist with the protocol's marketing efforts.

• Social Engagement: Performing actions related to the 0Fx protocol’s social media platforms, such as following accounts or engaging with posts.

• Referral System: Inviting others to participate in the point farming campaigns.

• Services and Contributions: Completing tasks or providing services that enhance the protocol and its ecosystem.

• Monetized Links: Visiting sponsored links provided by the protocol.

Reward Multipliers

Users have the option to spend their accumulated points on reward multiplier companions. These companions amplify the final number of points earned at the end of the farming week, thereby increasing the user's share of the weekly reward pool.

The Active Rewards system empowers users to actively contribute to the 0Fx ecosystem's growth while earning proportional rewards. By participating in diverse tasks—from token holding to social engagement—users can maximize their benefits and play a pivotal role in the protocol's success.