Hey Everyone You might wanna read this. Earning on Only1 via Creator Staking Pool innovation in #socialfi.

23 Aug 2022, 14:05

Hey Everyone You might wanna read this 👇 Earning on Only1 via Creator Staking Pool🧵 innovation in #socialfi 1/ What is Creator Staking Pool? We make revenue from features like superfan & memberpass. Besides burning $LIKE 🔥 revenue is distributed to creators via creator staking pool for contributing to the platform 2/ How much do I earn if I have a pool? We analyse the 7-day moving averages of several data points, such as follower growth & number of posts. This increases or decreases your pool APY. You earn a % of the TVL in your pool over time. More social activity -> more earning. 3/ How do I decide where to stake $LIKE? Answer: creators that are consistently posting and engaging with community, because they will have a higher average APY We're also thinking to add Staker perks. e.g. 'Stake $1000 in my pool and I will give you my number😉' 4/ Where does reward come from? - Revenue goes to reward pool (e.g. $2.5m from The Ones $LIKE buyback contributed to months of reward) - Launch pool will require $150 (TBC) - There is an unstake period of 7 days or 2% instant unstake fee Read more: 5/ What's next? *Create your staking pool feature (testing) *Data-responsive APY smart contract (testing) *We will ship social features such as memberpass and improve marketplace first We just can't fkin wait to show you what we have in store for the future of web3 social🚀