🤩Community Reward

What is a Community Reward?

Fans can stake Haip Tokens in a Community Pool.

Staked tokens earn yield. Percentage of claimable tokens depends on factors such as length of staking period (the longer the staking period, the higher the APY) and number of tokens staked. Tokens from staking will be available through an airdrop or will be claimed within the platform.

Thanks to Community Rewards a fan can truly participate in a community growth!

How it works?

1. Fan stakes Haip Tokens to the Community Pool.

2. All transaction fees from circulating Haip Tokens, both within and outside the platform, are flowing into the Community Pool.

3. Every time a new project is introduced to the platform, some of the Project Tokens minted, are transferred to the Community Pool.

4. Community Pool acts as a Fan and stakes received Project Tokens to the Project Growth Pool.

5. When Project Growth Share is payed out, Community Pool gets a share in Haip Tokens, corresponding to the number of Project Tokens staked and a stake period.