Airdrop and rewards
This is a summary of the whitepaper. For more detailed information, please refer to the official whitepaper.
Airdrop and Rewards: Fueling the Alchemical Ecosystem
The success of any decentralized ecosystem is forged in the strength and commitment of its community. At Koraxon, airdrops and reward programs are not merely marketing tools, but fundamental components of our alchemical quest to build a vibrant and engaged network. We are committed to strategically distributing value back to our community, incentivizing participation and rewarding loyalty from day one.
Strategic Airdrop for Community Genesis
Our airdrop strategy is designed to kickstart the Koraxon ecosystem by widely distributing our native KRXN token. This is a crucial step in our genesis phase, ensuring that our decentralized governance is robust and community-owned from the very beginning. By airdropping tokens to early supporters and new users, we are not just giving away value; we are building a foundation of stakeholders who are empowered to participate in our DAO and contribute to the project’s long-term success.
Incentivizing Participation through Rewards
Beyond the initial airdrop, Koraxon offers a multi-layered rewards system to sustainably cultivate a loyal and active community:
* Alchemical Yield (Staking): Users can earn passive income by staking their KRXN tokens. Our dynamic staking rewards, ranging from 5-12% APY, incentivize long-term holding and provide a tangible benefit for securing the network.
* Referral Rewards: Our referral system encourages organic growth, rewarding users for inviting new alchemists to join the Koraxon ecosystem. This decentralized marketing approach ensures our growth is powered by our own community.
* DAO Governance Rewards: Active participation in our DAO is at the core of our project. We will implement mechanisms to reward users for contributing to the governance process, such as submitting proposals and voting on key decisions.
* Tiered Membership: As users ascend through our membership tiers (Bronze, Silver, Gold), they unlock exclusive staking bonuses, enhanced governance privileges, and other unique rewards, creating a powerful incentive for deeper engagement.
In conclusion, our approach to airdrops and rewards is integral to building a fair, transparent, and thriving ecosystem. We believe that by consistently and strategically rewarding our community, we can ensure Koraxon’s sustainable growth and shared prosperity for all.
Who Can Participate
Participation in the Koraxon Airdrop is open to eligible community members who meet the program requirements.
To qualify, you must:
- Be at least 18 years old.
- Not be a resident of a country or region where cryptocurrency participation is restricted or prohibited by law.
- Complete the official airdrop registration process through our verified channels.
- Agree to the Airdrop Terms & Conditions and Koraxon Disclaimer.