Loyalty

DeFi Loyalty Pools: Merging Rewards and Liquidity

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DeFi Loyalty Pools: Merging Rewards and Liquidity

What Are DeFi Loyalty Pools? DeFi loyalty pools are smart contract-based platforms that reward users for the ongoing use of a platform. Instead of earning points for flights or purchases, users earn crypto rewards for staking tokens, providing liquidity, or simply holding assets for a duration of time. These programs combine reward farming with liquidity … Read more

Tokenized Loyalty Points: Blockchain Changing Customer Retention

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Illustration of tokenized loyalty points exchanged through a blockchain-based rewards system

What Is Tokenized Loyalty? Tokenized loyalty is the process of converting loyalty points into digital tokens on a blockchain. These tokens are like cryptocurrencies but are designed for individual companies. They are accumulated by customers through purchases, activities, or referrals. Unlike traditional points, tokenized loyalty points can be stored safely, transferred easily, and even traded. … Read more