$YRX
$YRX is a soul-bound token designed to foster and reward community participation within the YOM ecosystem. This token represents the heartbeat of YOM's governance model, which emphasizes community participation and democratic decision-making over profit-driven motives. Community members earn $YRX by contributing positively to the network—whether through reliable node operations, active engagement in community events, or by staking $YOM.
Earning $YRX
The YOM dApp facilitates easy access for members to participate in activities where they can earn $YRX, enhancing their engagement and influence within the YOM community:
Staking $YOM: Members who lock their $YOM tokens demonstrate their commitment to the platform, earning $YRX in proportion to the duration and quantity of their stake.
Play-to-Earn: By participating in games on the YOM network with a connected wallet, users automatically accumulate $YRX, linking gameplay with tangible rewards.
Node Performance: To ensure reliable service, the $YRX distribution system rewards uptime and penalizes disconnects, encouraging node operators to maintain optimal performance.
Bounties: Community members can earn additional $YRX by engaging in promotional activities such as sharing articles, tweets, and posts.
DAO Participation: Active involvement in the DAO allows members to accrue $YRX, further increasing their stake in the community’s governance.
Social Leadership: Through a ranked voting system, the community regularly awards $YRX to peers, recognizing and supporting outstanding contributions and leadership.
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