🧑💼 Holder Rewards
Last updated
Last updated
Scopuly Holder Rewards is a program aimed at acknowledging and rewarding the commitment of users who hold their SCOP tokens for an extended period. Here's a detailed explanation of the program:
Encourage Long-Term Holding: The program is designed to incentivize users to hold onto their SCOP tokens, thus reducing market volatility and encouraging a more stable token economy.
Reward Loyalty: It acknowledges the loyalty of long-term token holders by offering them additional benefits for their continued support of the Scopuly ecosystem.
Periodic Rewards: Holders of SCOP tokens can receive periodic rewards, typically as a percentage of their holdings. These rewards are paid out in more SCOP tokens, effectively allowing users to accumulate more tokens simply by holding them.
Token Vesting: The program may require users to hold their tokens for a certain minimum period to be eligible for rewards, commonly referred to as "vesting."
Reward Distribution: Rewards distributions are usually done after regular intervals, such as on a monthly or quarterly basis, depending on Scopuly’s specific program rules.
No Active Management Needed: Once users hold SCOP tokens in their wallets, they can passively earn additional tokens without needing to perform any active trading or management.
Compound Rewards: The rewards can often be re-invested to increase the holder's token balance, leading to compounding benefits over time.
Dynamic Rate Adjustments: The reward rate can be dynamic, potentially adjusting based on various factors such as total amount of tokens staked within the network or the duration for which tokens are held.
Rewarding Investment: By rewarding holders for their investment and patience, users are compensated for the opportunity cost of holding a long-term position.
Financial Incentives: These rewards can be seen as a form of passive income, as users earn additional SCOP tokens without needing to make further investments.
Supporting Token Value: The Holder Rewards program encourages the locking up of tokens, which can have a positive impact on the token's value by reducing sell pressure on exchanges.
Scopuly Holder Rewards is an integral part of Scopuly's approach to building a strong, engaged community. It rewards users who believe in the long-term vision of the project and are willing to hold their tokens through various market cycles. These rewards, part of Scopuly’s broader tokenomics, aim to align the interests of the token holders with the overall success of the platform.
APY Bonus: SCOP token holders with a balance of 500 SCOP or more are automatically eligible for a +10% APY bonus. This bonus is credited annually and added to your balance daily, providing a steady stream of passive income.
Daily Payouts: Your rewards are deposited directly into your Scopuly wallet on a daily basis. You don't need to take any action to start earning: if you have 500 SCOP or more in your account, you're already in the rewards program. Read more about how to buy SCOP tokens here:
Increasing rewards: The more SCOP tokens you have in your wallet, the higher the reward percentage. By accumulating more SCOP tokens, you can increase your passive income over time.
Automatic Participation: Once you meet the minimum balance requirement of 500 SCOP, you will automatically become a member of the Holder Rewards program. There are no additional steps or requirements to start earning rewards.
