Staking Rewards
Rewards are how you turn a token into a community. In Token Factory you can fund a staking reward program: people lock up a chosen token, and for as long as they keep it staked they earn a daily prize. It's a simple, powerful way to thank the people who back your project and encourage them to stick around.
Create a staking reward
When you set up a program, you decide the whole shape of it:
The staked token β what people lock up to take part. It can be your own token, or even an LP token from a liquidity pool, so you can reward the people providing liquidity for you.
The prize token β what stakers earn. Choose any token you like as the reward.
Prize per day β how much of the prize token is shared out among all stakers each day.
Duration β how many days the program runs.
Lock period (optional) β a minimum time stakers must keep their tokens in before they can withdraw. Leave it off for a come-and-go program, or set one to reward longer commitment.
Minimum stake (optional) β the smallest amount someone can stake to join.
The entire prize is funded upfront, and it's non-refundable. When you create the program, the full reward pot β prize per day Γ duration β is taken from your wallet and locked in immediately. You can't pull it back out. So before you confirm, be sure of the numbers: a large daily prize over a long duration adds up to a serious commitment. Start with amounts you're completely comfortable giving away.
Extend a program
A running program can always be topped up β and not just by you. Anyone can extend it, adding more days and funds to keep the rewards flowing. That means your community can rally to keep a popular program alive even after your initial funding runs out.
Coming soon
Token Factory is growing, and two more ways to reward people are on the way but not available yet:
Airdrops β send rewards directly to your holders, or to the people who stake another coin, putting your token in front of a community that's already active.
Trading rewards β reward the people who trade your token in a chosen market.
For example. The book club wants to reward loyal readers, so it creates a staking reward: stake $PAGE, earn a daily share of a $PAGE prize pot over 90 days, with a short lock period to encourage members to stay. The club funds all 90 days upfront. Later, when it's proving popular, a couple of members chip in to extend it another month.
The bigger picture of what token creators can build β including the rewards still to come β lives here:
Create Your Own TokenLast updated