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Roundup: Sweat Wallet Rewards
Since the SWEAT launch six weeks ago, we have distributed 24,426 rewards.
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News, ideas, and stories from the Movement Economy.
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Page 9 of 10
First month: foundations for the future
The first month of SWEAT has been a foundational block on our journey to creating a true economy of movement.
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Significant inflation reduction: minting difficulty increase
The Foundation has decided to increase the minting difficulty rate of SWEAT by 400%. The change will be implemented today (Mon 10th October at 12:00 UTC).
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What makes SWEAT unique?
SWEAT is unique in its purpose of inspiring the world to move. The scale and adoption of SWEAT is merely an effect of this purpose, a validation of the mission.
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Commitment: 50% profit for buy and burn/yield
The Sweat Foundation will use 50% of its profits to buy SWEAT from the secondary market. This SWEAT will be burned/destroyed, or distributed as staking yield.
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How to: yield farm with SWEAT on Ref Finance
From Wed 14th September, Ref Finance is launching one of the most impactful liquidity farming programs ever seen on NEAR Protocol. The pool has a huge amount of extra rewards…
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Step verification and fraud detection
SWEAT is a cryptocurrency minted directly by movement. We have therefore taken great measures to ensure the authenticity of movement that goes into minting SWEAT.
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SWEAT allocation at launch
In April, we anticipated minting 21BN SWEAT at the Token Generation Event to match all the sweatcoins ever produced. However, we know that there were 25.8BN sweatcoins ever…
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How to: join the SWEAT token sale on DAO Maker
The SWEAT token sale is live on DAO Maker this week. To learn more about our project, you can read the DAO Maker Sweat Economy research page.
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Demand for SWEAT
Most engage to earn products lack this value. In these games, users buy NFTs to earn more of the token. Why do they want more of the token? To upgrade their NFT. And so on.
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Supply of SWEAT
In only 16 weeks, the Sweat Community has created 11.5 million Sweat Wallets.
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Press release: $13M funding complete
London, UK | July 26, 2022 — The Sweat Economy team behind the most downloaded Health and Fitness app in the world — Sweatcoin — has completed $13M in funding, including a…
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