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Originally published: Jan 9, 2025
At Demether, we believe in rewarding active participation, long-term commitment, and community engagement.The entire ethos is to incentivise members proportionate to the degree of their participation.
Demether is glad to announce the G(R)AIN programme — an overarching reward mechanism designed to acknowledge our community members & early supporters. The $GRAIN token, an omnichain token that users can collect for ecosystem engagement, is central to the programme. The more a given wallet participates, the more $GRAINs it accrues.
Whether you’re an early adopter, DeFi degen, or an active community member, G(R)AIN is your gateway to additional rewards and benefits. We’ll be counting down to the launch of G(R)AIN soon.🌾
$GRAIN, the ticker for the token from G(R)AIN programme, can be accrued by a bunch of activities:
1) dApp-based activities
🌾 Mint $demETH, receive $GRAIN:
Any wallet that mints $demETH shall automatically start receiving $GRAINs without any further action required. There are many activities through which users can accrue $GRAIN, including supporting the ecosystem, liquidity provision and participation in partner protocols. The most important two multipliers will be the amount of $demETH a user mints and the duration they hold $demETH on our partner chains. We’ll be releasing more details shortly. Note that these rules will be applicable across both testnet and mainnet activities.
🌾 Stake $GRAIN, direct rewards:
One of the key activities involving $GRAIN will be staking the token into designated blockchain vaults. This enables each blockchain community to vote to receive weekly emissions of rewards. Wallets participating in this governance-based mechanism shall receive amplified $GRAIN rewards, which can again be deposited back into the wallet — thereby creating a flywheel that rewards participation.
2) Off-chain activities
Demether deeply values community. We’ll also be evaluating rewarding our supporters for off-chain activities such as testnet feedback, participation in Cross Chain Conversations and other such contributions. The details for these are being finalised and will be released shortly.
The G(R)AIN program is not static; it evolves alongside the Demether ecosystem. With upcoming integrations on new chains, features and product launches driven by community feedback, G(R)AIN will continue to grow in value and utility.
The G(R)AIN program is your gateway to additional rewards and special perks for contributing to the ecosystem and the community. Whether you’re staking $ETH, completing off-chain quests, or leading discussions, every action helps you sow the seeds of a richer DeFi future.
Join us on Twitter and Discord to receive the announcements as they go live.
Originally published: Jan 9, 2025
At Demether, we believe in rewarding active participation, long-term commitment, and community engagement.The entire ethos is to incentivise members proportionate to the degree of their participation.
Demether is glad to announce the G(R)AIN programme — an overarching reward mechanism designed to acknowledge our community members & early supporters. The $GRAIN token, an omnichain token that users can collect for ecosystem engagement, is central to the programme. The more a given wallet participates, the more $GRAINs it accrues.
Whether you’re an early adopter, DeFi degen, or an active community member, G(R)AIN is your gateway to additional rewards and benefits. We’ll be counting down to the launch of G(R)AIN soon.🌾
$GRAIN, the ticker for the token from G(R)AIN programme, can be accrued by a bunch of activities:
1) dApp-based activities
🌾 Mint $demETH, receive $GRAIN:
Any wallet that mints $demETH shall automatically start receiving $GRAINs without any further action required. There are many activities through which users can accrue $GRAIN, including supporting the ecosystem, liquidity provision and participation in partner protocols. The most important two multipliers will be the amount of $demETH a user mints and the duration they hold $demETH on our partner chains. We’ll be releasing more details shortly. Note that these rules will be applicable across both testnet and mainnet activities.
🌾 Stake $GRAIN, direct rewards:
One of the key activities involving $GRAIN will be staking the token into designated blockchain vaults. This enables each blockchain community to vote to receive weekly emissions of rewards. Wallets participating in this governance-based mechanism shall receive amplified $GRAIN rewards, which can again be deposited back into the wallet — thereby creating a flywheel that rewards participation.
2) Off-chain activities
Demether deeply values community. We’ll also be evaluating rewarding our supporters for off-chain activities such as testnet feedback, participation in Cross Chain Conversations and other such contributions. The details for these are being finalised and will be released shortly.
The G(R)AIN program is not static; it evolves alongside the Demether ecosystem. With upcoming integrations on new chains, features and product launches driven by community feedback, G(R)AIN will continue to grow in value and utility.
The G(R)AIN program is your gateway to additional rewards and special perks for contributing to the ecosystem and the community. Whether you’re staking $ETH, completing off-chain quests, or leading discussions, every action helps you sow the seeds of a richer DeFi future.
Join us on Twitter and Discord to receive the announcements as they go live.
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