Olyseum has established three bespoke incentive schemes to boost growth across the different sides of our community. They are as follows:
- Early Adopters Incentive: Token holders who participated on the pre-sale had the opportunity to avail of Olyseum’s comprehensive incentive program (our Early Adopters Incentive, EAI).
- Liquidity Providers Incentive: As outlined in our white paper, we aim to allocate about 10% of OLY Tokens to the Yield Farming program for Liquidity Mining rewards. These are specifically designed to incentivize Liquidity Providers (LPs) to increase liquidity in the pool created for the OLY:ETH pair on Uniswap. As part of the Olyseum Yield program, we aim to distribute 500,000,000 OLY Tokens to community members who provide liquidity to the OLY:ETH pool on Uniswap and subsequently stake their LP tokens. By adding liquidity to OLY:ETH Uniswap pool, and in turn, receiving the corresponding Uniswap LP tokens to your wallet, you will be eligible to participate in the program.
- Top Stars Incentive: This unique incentive scheme has been developed to drive acquisition levels of the Oly platform, while demonstrating the exponential growth of Olyseum’s exclusive roster of stars over time. The familiarity and credibility of Olyseum stars, coupled with their ongoing participation in the ecosystem, will help us extend the reach of OLY to new swathes of prospective users, and in tandem, encourage wider participation in the crypto sphere through our utility token.