Community

The community rewards program is designed to give back to the active members of the Bloxwap ecosystem. When winners are paid out from each round, a 1% fee is sent to the Bloxwap treasury. A portion of that fee is allocated to community rewards for contributors, content creators, and engaged participants.

Community Rewards Example

1. 100 users place $5 predictions for a price, all in the same round (each round is 1 second long).
2. 20 users win and 80 users lose in that round.
   Losing predictions80%

   Winning predictions20%
3. A 1% fee is applied to the $500 winning pool, which is $5.
   Payouts99%

   Treasury1%
4. $5 is sent to the Bloxwap treasury.
   Treasury100%
5. 20% of the treasury is allocated to community rewards. The details about the rewards split are here.
   Team10%

   Community20%

   Prizes30%

   Buybacks40%
6. $1 is used to reward community contributors including content creators, moderators, and active participants.
7. Community rewards are distributed based on contributions and engagement metrics.

What the Community Does

The community allocation rewards active participants who help grow and strengthen the Bloxwap ecosystem:

• Content Creators: Streamers, video creators, and writers who showcase Bloxwap and educate new users
• Moderators: Community leaders who help maintain a positive, helpful environment across social channels
• Ambassadors: Active members who onboard new users and represent Bloxwap in their communities
• Translators: Contributors who help make Bloxwap accessible to users worldwide
• Feedback Providers: Users who provide valuable insights, bug reports, and feature suggestions

Community rewards are distributed based on measurable contributions and engagement, ensuring those who actively support and grow Bloxwap are recognized and rewarded for their efforts.