Hashflow’s Open Beta Rewards System
Hashflow Open Alpha has ended on October 9th, the project is in the Open Beta phase! While Open Alpha proved half of the Capital Efficiency thesis by reaching outstanding turnover rates, Open Beta aims to double up on that by completing the other half: high-yield liquidity pools
With a new phase come new rewards. Hashflow introduce the new Rewards System and aim to shed light on some of the core principles behind it.
The Rewards System stands on the following pillars:
- Community Focus — the Hashgang is the foundation of the Hashflow protocol and they want to recognize and reward the vibrant contributions from their community
- Transparency — rather than describing the rules retroactively, they want to communicate them ahead of time and measure them as transparently as possible
- Growth Metrics — the system is designed to incentivize the growth of Hashflow’s Core Metrics and further test the capabilities of the protocol
- Distribution Equity — they recognize that different contributors have access to different means of capital that they can use on Hashflow; they aim to make it more accessible for lower volume traders to earn highly desirable rewards
Hashflow’s protocol structure is an institutional liquidity-powered mechanism with Traders on one side and Liquidity Providers on the other. These two types of users contribute in tandem and are reliant on each other. Therefore, during the Open Beta stage, both Traders and Liquidity Providers will be rewarded. In this post, we only cover rewards for Traders. Rewards for liquidity providers will be announced once Public Pools launch in Q4 2021.
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