Community
XP: The Soul-Bound Experience System in YOM
XP a soul-bound metric within the YOM ecosystem, designed to measure and reward long-term commitment, participation, and contribution to the network. XP is untradable and linked to your account. It functions as a reputation and engagement score, providing tangible benefits to participants while reinforcing the decentralized structure of the YOM network.
Purpose of XP
The core purpose of XP is to:
Incentivize Participation:
Encourage users to actively contribute to the YOM ecosystem through node operations, community engagement, and staking activities.
Boost Node Rewards:
The more XP a node operator has, the greater their ranking on the leaderboard, leading to higher reward allocations due to better workload opportunities.
Enable Governance Influence:
XP represents influence within the ecosystem, allowing holders to participate in governance initiatives, propose improvements, and help shape the network’s future direction.
Qualify for $YOM Airdrops:
Users who accumulate XP become eligible for exclusive $YOM reward drops, further enhancing the incentives to remain active within the network.
Earning XP
The YOM dApp and Discord facilitate easy access for members to participate in activities where they can earn XP, enhancing their engagement and influence within the YOM community:
Staking: Members who lock their $YOM tokens demonstrate their commitment to the platform, earning XP in proportion to the duration and quantity of their stake.
Activities: Community members can earn additional XP by engaging in promotional activities such as sharing articles, tweets, and posts.
DAO: Active involvement in the DAO allows members to accrue XP, further increasing their stake in the community’s governance.
Mods: Through a ranked voting system, the community regularly awards XP to peers, recognizing and supporting outstanding contributions and leadership.
Last updated
Was this helpful?