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Reward system

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Last updated 7 days ago

💰 Rewards System

Memotic’s economy is driven by trading volume, with a 10% fee on all in-platform transactions (card trades, token swaps, etc.). This fee is distributed to incentivize engagement across all levels of the platform:

🔹 Fee Allocation (from trading volume):

  • 4% → Holding Pool

    • Distributed to users who hold $MEMO tokens, vote regularly, or stake NFT cards

    • Encourages long-term participation and holding

  • 4% → Challenge Pool

    • Funds weekly or seasonal challenges, such as:

      • “Top battler this week”

      • “Most accurate predictor of political events”

      • “Faction with the most wins”

    • Boosts daily activity and competitive engagement

  • 2% → Grand Prix Pool

    • Grows over time and is awarded during major seasonal events

    • Tied to global or national political milestones (e.g., U.S. Presidential election, EU Parliament season, etc.)

    • Winners based on a mix of battle rank + prediction accuracy + faction loyalty

🏆 Earning Paths for Players

Action
Reward

🔮 Predict outcomes accurately

Card NFTs + XP

🗳️ Vote regularly

Reputation + passive pool access

⚔️ Win battles

$MEMO tokens + card upgrades

🥇 Climb leaderboards

Challenge pool rewards

🧠 Participate in Grand Prix

Share of major prize pool