💎Rewards

SCOP Rewards

The SCOP Rewards system is a cornerstone of the Scopuly platform, designed to encourage active participation, enhance liquidity, and drive the overall growth of the ecosystem. Here we outline in detail how the rewards system functions and the various channels through which SCOP token holders can benefit.

Holder Rewards:

SCOP token holders are eligible for Holder Rewards simply by keeping SCOP tokens in their wallet. These rewards aim to recognize and incentivize the long-term holding of SCOP tokens, contributing to the stability and security of the network. The distribution frequency and amount are calculated based on various factors, including the duration and quantity of SCOP tokens held, promoting a healthy token economy.

Liquidity Provision Rewards:

Participants who provide liquidity to the various pools on the Scopuly platform are rewarded for their contribution. These rewards are designed to ensure deep liquidity across the platform’s trading pairs, facilitating efficient and seamless trading experiences. The rewards vary depending on the liquidity pool’s size, the participant's contribution, and market demand for the particular trading pair.

Trading Rewards:

To foster a dynamic and active trading environment, Scopuly offers Trading Rewards. Active traders engaging in buying and selling operations within the platform can earn SCOP tokens as incentives. The rewards are calibrated based on the volume of trades executed, rewarding users who contribute significantly to the platform's trading volume.

Cashback on Payments:

Users utilizing the Scopuly payment options, such as the Scopuly Crypto Card, benefit from cashback rewards. A percentage of each transaction made using Scopuly payment solutions is returned to the user in the form of SCOP tokens. This feature enhances the appeal of using Scopuly for day-to-day transactions, merging utility with rewards.

Referral Program Rewards:

The referral program is designed to expand the Scopuly community by rewarding users who introduce new participants to the platform. Existing users receive SCOP tokens for every successful referral, encouraging community growth and platform usage. The rewards structure is designed to benefit both the referrer and the new user, enhancing the overall network effect.

Staking Rewards:

Users staking their SCOP tokens on the platform benefit from Staking Rewards. This mechanism not only supports the security and efficiency of the platform but also provides users with a passive income stream, rewarding them for their contribution to network robustness.

Special Events and Airdrops:

Scopuly periodically conducts special events and airdrops, offering additional SCOP tokens as rewards. These events aim to engage the community, introduce new functionalities, and thank users for their loyalty and participation.

Governance Participation:

Participation in the governance of the Scopuly platform may also be incentivized with SCOP rewards. Users who actively take part in voting on proposals or contribute to the decision-making process can be rewarded for their engagement, fostering a decentralized and community-driven development approach.

In essence, the SCOP Rewards system is intricately designed to encourage participation across all facets of the Scopuly platform. From trading to liquidity provision, from holding to governance, each activity within the ecosystem is recognized and incentivized, ensuring vibrant participation and promoting the sustained growth of the Scopuly community.