🪨POL and BGT Rewards on LODE

Why is PoL Important to LODE?

LODE serves as a productive outlet for Berachain’s sticky liquidity, offering traders extensive opportunities and sustainable yield strategies. By leveraging deposited collateral in trading accounts and resource-harvesting vaults, LODE enables users to enhance their profitability with minimal effort while earning native ecosystem rewards. This creates a synergistic flywheel effect that benefits both the protocol and its users.

PoL supports long-term growth by driving competitiveness among dApps on Berachain. The best-performing platforms earn the most rewards, incentivizing continuous improvement and innovation. This alignment ensures that LODE attracts users and liquidity, fostering a thriving ecosystem.

LODE: In-App Rewards Overview

LODE’s in-app reward system is designed to incentivize user engagement and contributions to the platform’s growth. The system rewards users for trading activity, collateral deposits, and exploring new features. This approach not only drives engagement but also creates opportunities for collaboration with ecosystem partners.

Key Reward Mechanisms

• Trading Activity: Rewards based on volume, frequency, and profitability.

• User Growth: Incentives for referring new users and engaging new traders.

• Collateral Deposits: Rewards users for depositing USDC into trading accounts and resource-harvesting vaults.

• Feature Adoption: Encouragement to try new products and features.

Berachain Vaults

Vaults act as a versatile tool to incentivize desired actions without diluting the native token. They enable targeted rewards for single or ongoing activities, allowing the protocol to adapt rewards dynamically to align with strategic goals.

XP-Based Reward System Overview

LODE’s XP-based system encourages user engagement through seasonal progression. Seasonal XP tracks activity within specific periods, advancing users through levels.

• Seasonal XP: Users earn points for trading activity and completing platform-specific quests.

Simplified XP Framework

• Earning XP: Points are awarded based on trading volume, profitability, and quest completion.

• Levels: Progression tiers reward users as they engage more deeply with the platform.

• Quests: Provide additional opportunities for users to earn XP and explore platform features.

This streamlined system ensures a balance between accessibility and challenge, incentivizing meaningful participation while driving platform growth and rewarding active users.