💰Rewards
An overview of the rewards mechanism within /Reach.
Last updated
An overview of the rewards mechanism within /Reach.
Last updated
Rewards play a pivotal role in the /Reach ecosystem, serving as a motivating factor for contributors to engage actively and provide quality interactions to different missions. Here, we provide a detailed overview of how rewards are structured, distributed, and claimed on the platform.
A reward is attached to each mission which is distributed among all the mission participants:
Your reward share is influenced by several factors:
Reach Score: A higher Reach Score increases your portion of the reward.
Mission type and audience size: Rewards will vary slightly depending on mission type and audience size set by mission creator.
Number of Mission Participants: The larger the number of participants in a mission, the smaller your share of the reward becomes.
Comment Relevancy: The more relevant your comment is to the mission, and the more value add it is, the more points you will receive.
Engage missions: - Like only: Get full points by only applying a Like to the mission post. - Retweet only: Get full points by only applying a Retweet to the mission post. - Like / Reply: Get full points by applying a Like + Reply to the mission post. - Like /Reply / Retweet: Engaging with a mission through two interactions—either a like and comment or a like and retweet—yields the highest reward. While a single interaction still earns points, it results in a smaller reward compared to two interactions. However, completing all three types of interactions results in a penalty." Over engaging will result in a penalty or zero rewards. Follow instructions carefully.
Claiming Rewards:
Rewards are displayed on the claim page, accessible at https://app.getreach.xyz/claim. They are credited to your account after a mission's completion. Contributors may claim their rewards at any time, once they accumulate a minimum of 1000 $REACH, receiving them in $REACH tokens directly in their in-app wallet.
Once credited, rewards can be transferred to an external wallet of your choice, converted to ETH, or used to create your own missions. To transfer rewards, visit the wallet page at https://app.getreach.xyz/wallet/.