$STREAM Stakers, it’s time!
The second phase of Community Rewards has officially started.
If you claimed and staked your initial allocation, you are now eligible to start receiving 4X your initial rewards over time.
🔹 How to access your rewards?
Direct link available in the first reply.
(you can also go to the
@streamflow_fi app, connect your eligible wallet, and find it in the "Airdrops" section of the app)
🔹Who is eligible?
Initial reward recipients who have staked (up to) the amount received at TGE will receive 4x the staked amount
🔹Wen?
Community Rewards (Part 2) started on March 18th at 13:00 UTC and will be gradually unlocked daily over a span of 3-12 months, with the release rate depending on the STREAM price.
🔹How does the dynamic release rate work?
We are making use of the latest Streamflow feature: price-based unlocks. (See explainer in the first reply)
🔹How come that I have staked STREAM and didn't receive anything/what I expected?
This is a delayed (second) part of the initial reward distribution.
Only wallets that have received initial allocation at TGE are eligible for this second part of the rewards.
The first part was 20% of the rewards, and this second part is 4x of the allocation (i.e., up to the remaining 80%, depending on how much of the initial 20% you staked), so the total amount is (up to) 100% of the rewards dedicated per wallet.
But don’t worry, if you're a STREAM staker, we got you. Keep reading. 👇
🔹What's next for
$STREAM?
🔹Transparency dashboard
In the upcoming days, we will share the
$STREAM transparency dashboard, where you can see where each and every token is, whether it's locked or unlocked, on CEX or DEX, in whose ownership, etc., and you will be able to verify (most of) this information on-chain!
We want to raise the bar for transparency for every token.
🔹Community Rewards... Part 3? 👀
We are rolling out the Active Staking Rewards system, in which Stakers (as first-class citizens of the STREAM ecosystem) will vote on important topics regarding Streamflow and receive STREAM tokens for their participation.
The voting system is very lightweight; STREAM rewards are accrued programmatically from
@streamflow_fi protocol revenue and distributed to active stakers frequently.
Contrary to most staking programs, where the goal is for each participant to maximize their share of the reward pool selfishly, this new system will have a built-in mechanism to grow the reward pool (% of protocol revenue) with each new token staked, encouraging active participation and growth of the ecosystem for everyone's benefit!
More information will be available in the upcoming days as we get ready to open this new stake pool for everyone, but the TLDR is:
This rewards system will fully unlock the
$STREAM token utility.
#HODL tight for the next phase, and in the meantime, tell us your thoughts below 👇