💰Sponsor
Last updated
Last updated
In order to increase platform traction and further incentivize our investors, we have introduced Sponsor. This is a feature that rewards users regularly based on their frequency and the value they transact on the platform, actions that result in value for the ecosystem.
It works as follows: the user enables their participation by depositing TIME tokens. During the period covered by the deposited TIME quantity, they will receive points for certain actions on the platform that result in higher value. The more frequent and higher the transaction value, the greater the points received. Please note that there is a goal to be achieved, so when this goal is reached, the round is concluded, and the prize is distributed to the winning users.
To release the prize, a minimum of 5 participants is required, and a maximum of 4 participants are awarded per round, following these criteria:
Address with the most frequent transactions.
Address with the highest transaction value.
Address with the second-highest transaction value.
Random address.
For the prize to be awarded, there must be a sufficient amount of TIME tokens deposited in the contract during the award registration. If the concerned address no longer has enough TIME tokens, it forfeits the points for the active round. After registration, the awarded participants can claim their prizes at any time.
After the round concludes, a new round starts automatically, the points are reset, and new participants must deposit more TIME tokens again.
IMPORTANT: It should be noted that this incentive is granted at the discretion of the development team and is not necessarily part of the protocol as an independent feature. Thus, the administrators of Sponsor reserve the right to withdraw funds from the contract at their own discretion at any time. Therefore, we recommend caution when participating and inform you that you should assess the associated risks.
