PADD Reward
Each $PADD reward will kick start right after TGE.
$PADD Staking
Similar to APE staking, Paddle allows holders of $PADD tokens to actively utilize their idle tokens. By staking them in the $PADD staking pool, holders can earn additional rewards in the form of more $PADD tokens. The rewards are distributed in real time based on the Pool Rewards and Total Pool Size. There are no lock up periods, so you can add and remove $PADD to the pool at any given time.
You can get yourself familiar with the staking mechanism at https://apestake.io/.
Seasonal Reward Distribution
Paddle rewards users who contribute to liquidity and actively engage with the platform by distributing $PADD tokens. This incentivizes continuous loan offerings, maintains sufficient liquidity, and drives product usage.
Seasonal rewards will be distributed to:
Users earning points through P2P Lending and OTC trades
Trade Battle depositors
Trade Battle leaderboard winners
NFT Instant Loan suppliers who contribute to the cash-side TVL
NFT Instant Loan borrowers who contribute to the NFT-side TVL
Further details will be announced right after TGE.
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