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1/ Channels can now launch Tokens using Cura! @curabot Transform your Farcaster channel into a sustainable community with a token. Channel owners and moderators can introduce a way to reward meaningful contributions and drive sustained engagement. How do these tokens work? - Channel wallets launch tokens and earn fees - A portion of tokens are liquid and remaining go to a community rewards pool - Rewards are distributed based on channel leaderboards using openrank scores Read more here: https://cura-docs.openrank.com/channel-wallet-and-tokens Let’s dive deeper.👇
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2/ Earn tokens based on channel leaderboard Channel tokens become a reward system based on reputation scores. - Tokens are distributed using channel-specific OpenRank scores that are allocated weekly based on users daily contributions in the channel. - Cura’s autonomous AI agent then distributes weekly rewards to channel users based on the weekly scores. No more manual effort in tracking contributions. Cura handles it for you.
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3/ Channel wallets Every community needs its own Channel wallet. Using Cura, moderators get a channel wallet and use it to launch a token, distribute it fairly to community members, and set up sustainable incentives for engagement and contribution. - Channel wallet is owned by the community, not an individual. - Fees go straight to the wallet and are automatically shared with the community. - Transactions of the channel/community are onchain and open Simple. Transparent. Fair.
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