Droplet Loyalty Program
Accumulate “DROP3” to get “LAK3”
The LAKE ecosystem is proud to introduce the “Droplet Loyalty Program”, designed to reward active participants within the ecosystem. By accumulating Droplet (DROP3) tokens through various activities, users can convert them into LAK3 tokens, providing additional incentives for engagement and participation.
— Droplet (DROP3)
Droplet ($DROP3) is the official loyalty token of the LAKE ecosystem, an unlisted token with infinite supply. It serves as a reward for users who actively participate in various transactions and activities within the ecosystem. The more you engage, the more $DROP3 tokens you accumulate, enhancing your potential to earn LAK3 tokens.
— Active Player: Get Rewarded for your Activity
The Droplet Loyalty Program operates on the principle of Proof of Activity. Users earn $DROP3 tokens by performing actions such as making purchases, contributing to Event Sale Pools, participating in the Burn to Secure protocol, and donating water. This system ensures that active participants are consistently rewarded for their engagement.
The accumulation of Droplet tokens follows a simple conversion ratio: for every 1,000 $DROP3 tokens earned, users can redeem them for 1 LAK3 token. This ratio provides a tangible and rewarding incentive for continued participation within the LAKE ecosystem. To further ensure LAK3 price stability, the DROP3 to LAK3 conversion happens over a set time period, according to the number of tokens redeemed. Game on!
— How it works
Let’s take User C, an active member of the LAKE ecosystem. She regularly engages in various activities, such as purchasing water, contributing to Event Sale Pools, and donating to verified charities. Each time User C completes a transaction, she receives Droplet tokens as a reward. For instance, if User C buys water, she might earn 50 $DROP3 for that transaction.
Every time User C completes a transaction, Droplets are automatically airdropped into her LAKE Wallet during the transaction confirmation process. This seamless integration ensures that User C's contributions and engagements are instantly acknowledged. Over a certain time, User C accumulates 5,000 $DROP3 through multiple transactions and activities.
After accumulating 5,000 $DROP3, User C decides to convert her loyalty rewards into LAK3 tokens. She accesses her LAKE Wallet and initiates the redemption process. According to the ratio of 1000:1, User C’s 5,000 $DROP3 are converted into 5 LAK3 tokens.
User C can now use her newly acquired LAK3 tokens for further activities within the LAKE ecosystem, such as investing in water springs or participating in additional Event Sale Pools. This not only enhances her involvement but also allows her to benefit from the various opportunities and returns offered by the LAKE platform.
In short, the Droplet ($DROP3) loyalty program is a core component of the LAKE ecosystem, designed to incentivize and reward active participation. By accumulating Droplet tokens through various activities and transactions, users can convert them into valuable LAK3 tokens, enhancing their engagement and investment in the ecosystem. With an intuitive and rewarding system, the Droplet Loyalty Program not only fosters loyalty but also ensures that every action within the LAKE ecosystem is acknowledged and rewarded.
The best part? All LAKE users are automatically enrolled in the Droplet Loyalty Program: start earning rewards for your active participation!
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