one of the primary reasons for including tokens and tokenomics into any protocol design is to create the appropriate incentive mechanisms to achieve and maintain that ecosystem’s growth and success.
in the case of ‘proof of work’ blockchains like ethereum, coins or tokens (ETH), are used to incent miners to participate in the network and mine network transactions - thus being rewarded for providing “network security.”
in the emergent defi sector, tokens are being extensively used to reward participants for the provision of project token liquidity through “liquidity mining” reward programs. (this will be an important piece of handle.fi future incentive programs.)
however, prior to our $FOREX token launch, we have slightly different objectives; primarily being the growth of our community and project awareness. we want to find ways to incentive users to enter and add value to the community, ecosystem and protocol. we have introduced Protocol Incentive Experiments or PIEs🥧 to help us achieve this goal.
each PIE is a small “experiment” designed achieve project objectives and incentivise and reward users for their contributions to achieving these. dependent upon their success they may be short or long in duration, or be modified on the fly to increase effectiveness.
PIEs are a great way for early participants to be be rewarded and earn for their contributions.
currently 3 PIEs are in progress, and they are all directed at increasing project awareness, prior to our $FOREX token launch.
PIE #1 - retweets
PIE #2 - memes
PIE #3 - BONUS REWARDS
if you want to contribute towards project success and also get your hands on some $FOREX before launch, checkout the PIEs above and start earning!
join the troopers on discord and checkout the
PIEs channel to find out more… 🦍🦍🦍