🔮TEM Use Cases
Last updated
Last updated
Payment Method: TEM can be used for paying transaction fees on the platform, purchasing lucky boxes, and utilizing lending services.
Staking: Users can stake TEM to earn rewards and interest. Longer staking periods offer greater rewards.
T2E Rewards: Users earn TEM through trading activities, providing incentives to those who contribute to platform activation.
Governance Participation: TEM holders have voting rights on major platform decisions and the platform operates on a DAO structure.
Fee Burn: A portion of transaction fees is burned to increase the token's scarcity, aiming to drive the token's value up in the long term. TEM tokenomics is designed to drive platform growth through user rewards, ecosystem expansion, and governance participation, with the goal of long-term value appreciation.
T2E (Trade to Earn) Rewards The Trade to Earn (T2E) model is designed to incentivize users by rewarding them for their trading activities on the digital asset trading platform. This system promotes active trading and allows users to earn real economic benefits from their engagement with the platform. T2E integrates rewards directly into the trading process, encouraging users to participate more frequently and with larger transactions.
Participation Rewards: Users earn basic rewards for each trade they complete. These rewards are automatically issued upon the successful conclusion of a trade, aiming to boost platform activity and encourage more frequent use.
Volume and Frequency-Based Bonuses: Additional rewards are granted based on the volume and frequency of trades. Users making larger or more frequent trades receive enhanced rewards, incentivizing them to increase their trading activity on the platform.
Basic Rewards for Trading Activity Users—both buyers and sellers—earn platform tokens (TEM) through a mining mechanism every time a trade is executed. A predefined percentage of TEM tokens is allocated to both parties involved in the transaction.
Buyer Rewards: Buyers receive TEM tokens equivalent to a specified percentage (e.g., 1-2%) of the transaction amount.
Seller Rewards: Sellers receive TEM tokens equivalent to a specified percentage (e.g., 3-5%) of the transaction amount.
This model encourages users to engage more actively with the platform by rewarding them with tokens based on their trading volume and frequency.
Note: The TEM token reward rates are subject to modification without prior notice.
Additional Rewards Based on Trade Volume and Frequency Enhanced rewards are given based on the volume and frequency of trades:
Trade Volume Incentives: Users who surpass certain trade volume thresholds are awarded additional bonuses. For example, users who achieve a monthly trading volume of $1,000 or more might earn an extra 5% in TEM tokens.
Trade Frequency Bonuses: Users receive incremental rewards after reaching specific trading activity levels (e.g., after completing 10 or 20 trades). This tiered system encourages users to engage in more frequent trading by providing stepwise incentives.
These additional reward mechanisms are designed to drive higher trading activity and greater engagement on the platform.
Special Rewards for Designated Assets Special rewards are available for trading certain assets or items highlighted by the platform:
Asset-Specific Bonuses: For transactions involving specific game items, NFTs, or other highlighted assets during promotional periods, users can receive boosted rewards. For instance, trading designated game items might yield double TEM tokens or special staking rewards for trading certain NFTs. This strategy is aimed at driving interest and increasing trade volumes for selected assets, thereby enhancing user engagement with featured items.
Staking Users can choose to stake their TEM tokens instead of earning transaction fees, which allows them to receive additional rewards:
Staking Incentives: By committing their assets for a predetermined period, users earn rewards in the form of interest or additional TEM tokens. Longer staking periods lead to higher rewards, encouraging users to lock their assets for extended durations.
Liquidity Pool Rewards: Users who contribute assets to a liquidity pool receive rewards such as transaction fees or additional incentives. This supports smoother asset exchanges and increases platform activity.
The staking and liquidity provisions are designed to promote user retention and enhance overall platform performance.
NFT Staking offers NFT holders the chance to earn additional rewards by keeping their NFTs locked in a staking program.
Adjustable Staking Durations: Users can choose staking periods that suit their needs, with options for both short-term and long-term staking. Longer durations typically result in higher rewards, encouraging users to commit their assets for extended periods.
Integrating NFT and staking functions as essential services can greatly enhance the platform’s ecosystem. By focusing on user experience, optimizing liquidity, and broadening partnerships, a dynamic and innovative environment can be developed. Leveraging the uniqueness of NFTs and offering staking rewards will boost user engagement and drive platform growth.
The platform enables the creation of NFT cards that users can stake to receive rewards and benefits. This approach transforms NFTs from simple collectibles into valuable assets for earning staking rewards and gaining special features.
NFT Card Issuance and Features
Exclusive Edition Cards: Limited edition NFT cards are released for specific events or special occasions to appeal to collectors.
Tiered System: Cards are classified into tiers (e.g., Common, Rare, Epic) to differentiate staking rewards and exclusive benefits.
Card Categories: Each NFT card may be linked to various themes or characters, items, or skills within a game.
Staking Rewards
Primary Rewards: Users who stake NFT cards receive platform-specific reward tokens (e.g., TEM) based on the staking period and card tier. Longer staking periods and higher-tier cards lead to more substantial rewards.
NFT Staking Pools allow multiple users to pool their NFTs together for collective staking, enabling them to share larger rewards.
Special Rewards and Benefits
In-Game Advantages: Users who stake NFT cards can receive exclusive in-game items, character enhancements, or access to special quests, providing them with a competitive edge within the game.
Transaction Fee Discounts: Staking NFT cards can earn users discounts on transaction fees, encouraging more frequent trading activity.
Additional Rewards: Users staking cards of certain tiers may receive airdrops, NFT mystery boxes, or exclusive event participation opportunities.
Community Voting Rights: Based on the number of staked NFT cards, users may gain voting rights, allowing them to participate in important platform decisions.
How the NFT Card Staking Model Works
Card Acquisition: Users can purchase NFT cards from the platform's marketplace or earn them through gaming activities.
Staking: Users deposit their NFT cards into the staking pool to start earning rewards and benefits.
Reward Distribution: Rewards, including platform tokens (e.g., TEM) and special incentives, are distributed daily or weekly based on the card’s tier and staking duration. Reward Utilization: Accumulated TEM tokens or items can be used for transactions within the platform, further staking, or purchasing additional NFTs.
Strategies to Encourage User Participation
Collection Bonuses: Users who complete specific NFT card sets will receive additional rewards, motivating more collection activities.
Leaderboards and Rankings: Users are ranked based on the total value of their staked NFT cards, with top performers receiving special rewards such as limited-edition NFTs or exclusive benefits.
Advantages
Enhanced Functionality of NFTs: Beyond being collectibles, staking NFTs offers users meaningful rewards, fostering sustained engagement and participation.
Blending Enjoyment with Profit: By combining entertainment with financial incentives through staking, user satisfaction is increased, and community interaction is enriched.
Growth of Platform Ecosystem: NFT staking rewards contribute to enhancing the value of digital assets within the platform, encouraging users to stay involved and contribute longer.
The platform employs a DAO (Decentralized Autonomous Organization) model for governance, allowing users to take part in decision-making processes. This model is designed to ensure continuous improvement and user-focused decisions, revolving around the Governance Token (TEM). The aim is to boost user participation and transparency within the platform.
Roles of Governance Token (TEM)
Voting Power: Holders of TEM tokens can vote on platform decisions, with voting power proportional to the number of tokens held. Higher token holdings translate to more significant voting influence.
Proposal Submission: Users with a substantial amount of TEM tokens are eligible to propose new features or changes to the platform, directly influencing its development and policy.
Incentive Mechanism: Users who actively participate in governance by voting or submitting proposals are rewarded with TEM tokens or exclusive NFTs, creating a system that motivates active involvement in platform governance.
DAO Operation Model
Decentralized Decision-Making: The DAO structure enables all significant decisions to be made directly by the user community through voting, without centralized management. This ensures transparency and allows users to deeply engage in the platform's operations.
Smart Contract-Based Voting: All votes and decisions are automatically recorded through smart contracts, with results applied immediately. This guarantees the reliability and transparency of decision-making.
Voting Participation Requirements: Only users holding or staking a minimum amount of TEM tokens are granted voting rights. This encourages long-term and contributing users to participate in the governance process.
Governance Voting Subjects
Platform Feature Updates: Voting on the addition of new features, issuance of game items or NFTs, and other major updates.
Fee Policy Changes: Decisions on adjustments to transaction fees, staking fees, and other fee-related policies.
Events and Reward Structures: Voting on the organization of specific events, reward systems, and contents of lucky boxes.
Asset Listings: Deciding on the listing of new digital assets (NFTs, cryptocurrencies, game items, etc.) on the platform.
Community Fund Allocation: Voting on the allocation of DAO-managed funds for various uses such as platform development, marketing, and partnerships.
Rewards and Incentives
Voting Participation Rewards: Users who participate in voting receive a certain amount of TEM tokens or exclusive NFTs that can be used within the platform.
Proposal Acceptance Rewards: Users whose proposals are accepted through voting receive additional TEM tokens or exclusive rights within the platform as a reward.
Governance Activity Rankings: A ranking system for active participants in voting or proposal submissions, where top users receive additional benefits or honorifics that enhance their role in important platform decisions.
Special Governance with NFTs
Exclusive Voting Power for NFT Holders: Users with certain NFTs issued by the platform receive enhanced voting rights in addition to standard TEM token voting rights. This grants them special decision-making powers related to their NFT type or role within the community.
NFT-Based Proposal Rights: Introduce a system where only holders of special governance NFTs can make specific proposals. This system grants exclusive proposal rights to certain NFT holders.
Ensuring Platform Transparency
Real-Time Voting Results Visibility: Voting results and processes are immediately available to the public, ensuring transparency and allowing users to follow the decision-making process closely.
Permanent Voting Record Storage: All voting activities and decisions are permanently recorded on the blockchain, providing a transparent and immutable record of past actions.
Open Proposal Review: Users can view and participate in discussions about proposed decisions before they are finalized, promoting a culture of democratic decision-making on the platform.
The model involves issuing NFT cards on the platform, which users can stake to earn various rewards and benefits. This model turns NFT cards into valuable assets that provide staking rewards and exclusive privileges.
NFT Card Issuance and Features
Limited Edition Cards: Issue NFT cards with limited availability based on special events or seasons, encouraging users to collect these exclusive items.
Tiered Grading System: Assign different tiers (common, rare, epic, etc.) to each card, with rewards and benefits scaled according to card tier.
Card Themes: Each NFT card can represent different themes, game characters, or items, adding variety and value to the collection.
Staking Rewards
Basic Staking Rewards: Users can earn platform reward tokens (e.g., TEM) by staking their NFT cards for a set period. The longer the staking duration or the higher the card tier, the greater the rewards received.
NFT Staking Pool
NFT Staking Pool: Implement a system where multiple users can pool their NFT cards together for collective staking. This allows participants to share in greater rewards by combining their assets.
Special Rewards and Benefits
In-Game Advantages: Users who stake their NFT cards receive special in-game items, character upgrades, or exclusive quest access, giving them a competitive edge within the game.
Trading Fee Discounts: Provide discounts on trading fees for users who stake their NFT cards, encouraging more active trading participation.
Additional Rewards: Offer bonuses such as airdrops, NFT lucky boxes, or special event access for staking cards of higher tiers.
Community Rewards: Grant voting rights based on the number of NFT cards staked, allowing users to participate in significant platform decisions.
NFT Card Staking Model
Card Acquisition: Users can obtain NFT cards through the platform’s marketplace or through in-game activities.
Staking: Users deposit their NFT cards into the staking pool to receive rewards and benefits.
Reward Distribution: Rewards in the form of TEM tokens and special bonuses are distributed daily or weekly based on the card’s tier and staking duration.
Reward Utilization: TEM tokens or items obtained as rewards can be used for trading on the platform, further staking, or purchasing additional NFTs.
Strategies to Promote User Participation
Card Collection Bonuses: Provide additional rewards for users who collect complete sets of NFT cards, incentivizing collection activities.
Leaderboards and Ranking System: Offer rankings based on the total value of staked NFT cards, with top users receiving special rewards such as limited-edition NFTs or exclusive benefits.
Advantages
Enhanced Utility of NFTs: Beyond being mere collectibles, NFTs offer tangible rewards through staking, encouraging long-term user engagement.
Combining Fun and Profit: By integrating both enjoyment and profitability through staking, user satisfaction is increased and community engagement is boosted.
Expansion of Platform Ecosystem: Utilizing NFTs and staking rewards elevates the value of digital assets within the platform’s ecosystem, incentivizing users to stay longer and remain active on the platform.
