🪙Tier 1 Rewards
Overview Page
Tier 1 Staking Rewards Overview
Tier 1 staking rewards are designed for participants who stake their $R4RE tokens in the RareArt project. This reward tier is aimed at encouraging early and active participation in the ecosystem, providing a dual-reward system that enhances the staking experience. Below are the components of the Tier 1 staking rewards:
1. Transaction Tax Sharing
Mechanism: A portion of the transaction tax collected from all transactions involving $R4RE tokens is distributed among Tier 1 stakers. This creates a continuous reward stream that grows with the activity within the RareArt ecosystem.
Distribution: The share each participant receives is proportional to the amount of $R4RE tokens they have staked compared to the total staked $R4RE tokens in Tier 1. This ensures a fair distribution based on participants' contribution to the liquidity pool.
Benefit: This system rewards stakers for their commitment and provides an incentive for holding tokens, thereby stabilizing the token's value and the ecosystem.
2. $GALIX Token Accumulation
Introduction to $GALIX: $GALIX tokens are an additional form of reward for stakers in Tier 1. These tokens represent another aspect of the RareArt ecosystem and offer various utilities within and potentially outside the RareArt platform.
Earning Mechanism: Similar to the transaction tax sharing, $GALIX tokens are distributed among Tier 1 stakers based on their proportional share of staked $R4RE tokens. This mechanism incentivizes broader participation and longer-term staking.
Usage and Benefits: $GALIX tokens may be used within the RareArt ecosystem for exclusive access, purchases, or traded on external platforms. Holding $GALIX tokens could provide additional financial benefits and exclusive opportunities within the RareArt community.
How to Participate in Tier 1 Staking
Token Staking: Stake your $R4RE tokens through R4RE.IO website - STAKING.
Monitor Rewards: Keep track of your earned transaction tax shares and $GALIX tokens through the platform's dashboard. Regular updates will provide insights into your rewards accumulation.
Manage Stakes: You can adjust your stake by adding more $R4RE tokens to increase your rewards or by unstaking, following any lock-up periods or conditions specified by the RareArt project.
Key Benefits
Continuous Rewards: Earn ongoing rewards through transaction tax sharing and $GALIX token accumulation.
Ecosystem Support: By staking $R4RE tokens, you're directly contributing to the liquidity and stability of the ecosystem, supporting the project's growth and success.
Exclusive Opportunities: Access to $GALIX tokens opens up exclusive opportunities within the RareArt ecosystem, including special purchases, access, and community events.
This detailed information provides a clear understanding of the Tier 1 staking rewards, designed to reward participation, support ecosystem stability, and offer unique opportunities within the RareArt project.
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