💸Rewards tokens

History and past experiments

Reward tokens have always been very fascinating to us, and we think they have a very strong use case when done correctly as they can provide self-yielding assets.

Past experiments

Most reward tokens will get an initial hype cycle providing good rewards for holders but eventually will lose volume and not be an ideal hold for huge price fluctuations.

Solution

To create a sustainable reward token that has a long term viability, we will implement our extensive app with many services that charge fees with a portion of those fees buying directly into our token creating rewards for holders, volume, and our 1% for development. That will give holders incentive to hold sBTC and collect rewards, thus lowering volatility.