🏆$YRX
$YRX is the soul-bound, non-tradeable token within the YOM ecosystem, designed to measure and reward long-term commitment, participation, and contribution to the network. Unlike $YOM, which is a liquid, market-traded asset, $YRX serves as a reputation and engagement score, providing tangible benefits to holders while reinforcing the decentralized structure of the YOM network.
Purpose of $YRX
The core purpose of $YRX is to:
Incentivize Participation:
Encourage users to actively contribute to the YOM ecosystem through node operations, community engagement, and staking activities.
Boost Node Rewards:
The more $YRX a node operator holds, the greater their ranking on the leaderboard, leading to higher reward allocations and better workload opportunities.
Enable Governance Influence:
$YRX represents influence within the ecosystem, allowing holders to participate in governance initiatives, propose improvements, and help shape the network’s future direction.
Qualify for $YOM Airdrops:
Users who accumulate $YRX become eligible for exclusive $YOM reward drops, further enhancing the incentives to remain active within the network.
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: Members who lock their $YOM tokens demonstrate their commitment to the platform, earning $YRX in proportion to the duration and quantity of their stake.
Activities: Community members can earn additional $YRX by engaging in promotional activities such as sharing articles, tweets, and posts.
DAO: Active involvement in the DAO allows members to accrue $YRX, further increasing their stake in the community’s governance.
Mods: Through a ranked voting system, the community regularly awards $YRX to peers, recognizing and supporting outstanding contributions and leadership.
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