Gamified Points

Earning Points:

• Staking ETH or LST: Every unit of ETH or LST staked on DeFcor earns you points. The amount of points per unit will be clearly communicated and may vary depending on the asset and staking duration.

• Loyalty Bonus: The longer you continuously stake your assets on DeFcor, the higher your points multiplier becomes. This incentivizes long-term commitment and platform loyalty.

• Social Engagement: Participate in DeFcor's social media channels, refer friends, and complete educational quizzes to earn bonus points.

Using Points:

• Boost Re-staking Rewards: Redeem points to increase your effective re-staking APY. This allows you to earn even more rewards on your re-staked assets.

• Tier Upgrades: As you accumulate points, you'll progress through different tiers (e.g., Bronze, Silver, Gold). Higher tiers unlock exclusive benefits like:

  • Governance Rights: Gain voting power on platform proposals and influence DeFcor's development.

  • Lower Trading Fees: Enjoy reduced fees when swapping or trading assets within the DeFcor ecosystem.

  • Priority Access: Get early access to new features, product launches, and staking opportunities.

  • Exclusive Merchandise: Redeem points for limited-edition DeFcor apparel or collectibles.

Benefits for Retail and Institutional Stakers:

• Increased Engagement: Gamification adds a fun element to staking, encouraging active participation and platform interaction.

• Enhanced Rewards: Points provide additional avenues to boost your staking returns beyond base APYs.

• Unlocking Value: The tiered system offers tangible benefits and a sense of achievement for long-term stakers.

• Community Building: Social engagement activities foster a stronger DeFcor community amongst users.

• Reputation and Recognition: High-tier users gain recognition within the platform and potentially voting rights, fostering a sense of importance.

Transparency and Communication:

DeFcor will ensure clear communication regarding point allocation (once finalized), tier requirements (if implemented), and available rewards. The point system will be designed to be fair and beneficial for both retail and institutional stakers, regardless of their investment size.

By implementing and iterating on this gamified points system (subject to change), DeFcor aims to create a more engaging and rewarding staking experience for all users, attracting both retail and institutional investors to participate in the future of DeFi.