LayerMarket Protocol
  • Welcome
  • Getting Started
    • Quick Links
    • How to use
    • Table of contents
    • Introduction
  • Key Features
    • Seller KYC Verification
    • Comprehensive Marketplace
    • Gasless Product Listings
    • Secure Payment & Escrow
    • Product Verification
    • Dispute Management
    • Search & Reviews
    • Activity Earnings
  • Contracts
    • Fees
    • Products
    • PurchaseEscrow
    • RatingsReviews
    • Treasury
    • Validators
    • Rewards
    • Addresses
  • Expansion Strategy
    • Overview
    • Digital Products
    • Physical Goods
    • Strategic Partnerships
    • Services
  • Utility Token Design
    • Overview
    • Locking
    • Governance
    • Fee Discounts
    • Fee Distribution
    • Exclusive Access
  • Conclusion
    • Overview
  • Support
    • Contact Us
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  1. Utility Token Design

Locking

Users can stake tokens not in an anticipate for earning rewards simply by depositing ETH and/or the utility token and staying idle, but by locking, participating, and being active on the platform.

Additionally, rewards will not be distributed on a per-activity basis but will be based on a probability, which is designed to be random enough to avoid extreme predictability.

Activity may include:

  • Completing KYC verification

  • Browsing or interacting with certain products

  • Listing products

  • Buying products

  • Daily sessions (log in and/or visit the site)

  • Signing up for product verification

  • Verifying listed and/or purchased products, datasets, documents, .etc

  • Participating in the resolution process

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Last updated 10 months ago