Frequently Asked Questions (FAQ)
REPS is a social-based rewards platform that encourages thoughtful Web3 discussions and community insights through progressive incentivization. Crypto projects can set up loyalty programs to track, in real-time, positive contributions by community members and deliver fair rewards.
For Projects
REPS helps in promoting community loyalty and optimizing marketing campaigns. Projects can save significantly on marketing costs while recording improved results using REPS.For Users
REPS offers fair rewards for contributing to conversations related to a project. REPS ensures that community members and KOLs are duly rewarded for their efforts in promoting their favourite projects on social media platforms.Both KOLs and regular community members are eligible, with no preferential treatment. KOLs and community members will be ranked on separate leaderboards, recognizing that each group plays a distinct and important role in driving different audiences and types of engagement. This ensures fair recognition and tailored rewards for both KOLs and the broader community, while maintaining the integrity and inclusivity of the REPS system.
Only meaningful, original, and relevant content is eligible for rewards. Shilling, especially when creative and original, is accepted and can earn points. However, users are encouraged to maintain a balanced mix of shilling and meaningful content to maximize their scores. Additionally, users must include the token $ticker in their posts for their contributions to be recognized and considered for rewards.
REPS helps new projects build a thriving community by influencing viral conversations. With efficient incentivization, newly launched and existing projects can track their supporters and encourage more KOLs and regular social media users to talk about their projects.
Through a DAO vote by DCK stakers. DCK stakers will decide projects that will be featured on the reward dashboard. The voting power of each DAO member is relative to the amount of DCK tokens they have staked on the staking portal.
REPS is open to all blockchain projects. However, projects undergo a review and community voting process before they are featured on the platform.
Rewards earned on REPS depend on the points accumulated for a specified period according to the weighting score. POS protocol determines the weight score of posts by analyzing their content and drawing inferences based on the quality of posts and engagement.
The reward pool and payout structure are transparent and published in advance on the leaderboard.
Rewards will be open to be claimed within 2 working days after the weekly or monthly leaderboard completion.
Rewards will be withheld for any accounts identified as duplicates or engaging in fraudulent or cheating behaviors.
Updates on developments related to REPS can be found on our social media handles and community channels.
No, you do not need to connect your X profile to REPS to start earning points. Connecting or logging in with your X profile is only required if you want to claim your rewards, provided you are eligible. You can accumulate points without linking your X profile, and only need to log in when you’re ready to redeem your rewards.