OpenWorld Points System - Introducing
The OpenWorld points system is designed to incentivize, reward, and engage platform users. Points can be earned through various actions and exchanged for rewards.
Objectives
Incentivize product usage and adoption
Reward community participation
Distribute 1M OPEN
OpenWorld Points System Roadmap
Phase 1: Accrual Period - 3 months
No limit on points earned,
1 million OPEN allocated to the rewards pool
Users earn points for platform activities
System snapshots activity and awards points daily
Duration: 3 months for users to accrue point
Phase 2: Redemption Period - 3 months
Total accrued points evaluated
Redemption rate set based on total points vs 1 million OPEN
Duration: 3 months for users to redeem points for OPEN
Unredeemed points expire after this period
Phase 3: Lockup Period - 3 months
OPEN redeemed locked for 3 months before trading
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