🎆Rewards

Deer Protocol has a reward system where users can earn DEER for participating in the staking system and promoting the token.

In the staking system, users can lock their DEER tokens to earn an annual interest rate of 15%. In addition, users can also receive additional DEER rewards for participating in the staking system. These rewards are distributed on a regular basis and are based on how long users have locked their tokens and the number of tokens they have locked.

To promote the DEER token, Deer Protocol also offers a referral program where users can earn DEER by inviting friends and acquaintances to join the platform. Users can earn a percentage of the staking rewards of the friends they have invited to join Deer Protocol.

In addition, Deer Protocol also offers a regular Airdrop program, which is used to reward users and encourage DEER token adoption. Details of the Airdrop program have not yet been disclosed, but users generally must meet certain requirements to be eligible to receive DEER.

In short, Deer Protocol offers a robust and balanced rewards system where users can earn DEER for participating in the staking system, promoting the DEER token, and fostering adoption of the platform. These rewards are an effective way to incentivize user participation and build an engaged community around Deer Protocol.

Last updated