Custom Reward
What's the Custom Reward Staking option all about?
Its functions are similar to Simple option, but with the added flexibility to issue rewards in a different token. This means users can stake Token A and receive Token B as a reward. This variant is particularly useful for projects that want to distribute governance tokens, incentivize liquidity, or introduce strategic token distributions.
Use Cases
Blockchain Loyalty & Brand Engagement
A Web3 brand allows users to stake $COMMUNITY tokens and earn $ENGAGE, which can be used to redeem NFT collectibles, event tickets, or even governance perks.
Users can stake the project’s main token and receive rewards in a branded loyalty token that grants access to exclusive perks. This avoids issues that many blockchain projects and Web3 brands struggle with. They mostly lack to retain long-term engagement from their community members.
Tokenized Advertising Rewards for DeFi & Web3 Platforms
A Web3 ad network enables users to stake $WEBADS and receive $ADREV, which is tied to platform ad revenues and can be exchanged for discounts or premium services.
Fans can stake tokens to support their favorite creators and receive exclusive access tokens or fan rewards in return. This avoids that Web3 creators have to struggle to monetize their communities while relying on centralized platforms.
Staking for Real-World Asset (RWA)
A real estate-backed token for ($RPROP) allows holders to stake and earn $RENT, which represents rental income from tokenized properties.
Investors can stake real-world asset tokens and earn stablecoin-based yield or other financial instruments. This is an innovative approach for utilizing tokenized assets (e.g., real estate, commodities). These assets often struggle with liquidity and long-term investor retention.
Fan-Based Staking Rewards
A Web3 music label allows users to stake $SONG tokens and earn $PASS, which can be redeemed for concert tickets, meet-and-greets, or VIP event access.
This way fans can stake music or entertainment project tokens and earn concert or event passes as rewards. This is a fantastic way to connect the traditional music industry with modern and innovative blockchain technology. You've never seen that kind of exclusive fan engagement without relying on traditional ticketing models.
Why Should You Consider This Option?
Perfect for long-term incentive programs without depleting the primary token supply.
Enhances token ecosystems by linking rewards to utility-driven assets instead of inflationary staking models.
Encourages active user participation in communities, brands, and entertainment platforms.
Flexible use cases across different industries, from gaming and advertising to sustainability and real-world assets.
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