Reward

Token Staking and Rewards:

Blocklance promotes active participation in governance through a token staking and rewards system. This mechanism encourages community members to actively engage in shaping the platform's future and aligns their interests with the long-term success of Blocklance.

Staking your BLK(Block) involves locking them in a smart contract for a specified duration. These staked tokens serve as voting power during governance proposals, allowing participants to have a direct say in the decision-making process. By staking their tokens, users contribute to the platform's stability and evolution.

In recognition of their active involvement, users who stake their $BLK tokens become eligible for rewards. These rewards, offered in $BLK tokens, provide an incentive for community members to participate in governance discussions, cast informed votes, and actively contribute to the decision-making process. Importantly, this system promotes inclusivity, ensuring that even those with smaller token holdings can engage and receive rewards for their contributions.