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Coop
@coopahtroopa.eth
Staking is live on @cooprecs ✅ Earn rewards for collecting music - stake those rewards to earn COOP. 1 COOP for every 100 $IJN or $DAYS locked. Built using the @degentokenbase locker contracts! Check it out at cooprecords.xyz/stake
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Coop
@coopahtroopa.eth
Why staking? Coop Records is a community owned record label. Our goal is to allow artists, collectors and fans to vote on what songs they want to see on the label, and which of those songs should be released as tokens on cooprecs.fun We use those tokens to fund our campaigns, which gets artists paid and allows us to onboard better music. Mint fees from collectible sales are used to buy back song tokens and fund future campaigns. We noticed a large number of people claiming rewards and immediately selling it - so we're hoping staking can be one of many ways that collectors hang onto their rewards for increased ownership and governance in the wider label. We're going to be putting a lot more love into how COOP works in the day to day ops of the product so stay tuned for more to come!
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