🪙Space Token
Space Token (SPACE) is the utility token for Final Autoclaim, a crypto earnings site. It allows users to earn over 70 different cryptocurrencies by completing surveys, doing small tasks, staking coins, or playing games.
Additionally, Space Token is a cross-chain token designed to maximize profits through DeFi (Decentralized Finance) Yield Generation and Crypto Earning Systems. This innovative approach positions it as a key component in earning, staking and decentralized finance applications.
Vision
The Space Token ecosystem envisions bridging the gap between traditional online engagement and decentralized ownership models. It focuses on simplifying the entry into the cryptocurrency world by enabling newcomers to earn small crypto rewards through everyday digital activities like surveys, games, and videos. This approach is designed to make the initial steps into crypto safe, rewarding, and educational.
Our ecosystem is designed to bridge the gap between traditional online engagement (Web2) and decentralized ownership models (Web3). It aims to simplify the complexities of blockchain technology and decentralized finance (DeFi) through user-friendly interfaces and comprehensive educational resources. This approach demystifies Web3 concepts, making them accessible to a broader audience, including traditional internet users. By offering a seamless experience, the platform encourages these users to explore and adopt blockchain technology, fostering a more inclusive and expansive digital economy.
Goal
The Space Token ecosystem aims to improve the 'Learn and Earn' experience by introducing users to the intricacies of blockchain technology, including interaction with Automated Market Makers (AMMs) for token swapping and liquidity provision, and with No Custodial Staking. Educational content covers topics like risk management, understanding liquidity pools and staking delegation.
The platform introduces users to various EVM and IBC networks, enhancing their understanding of the multi-chain crypto environment and its diverse applications. The unique 'Learn and Earn' model rewards users for engaging with educational content, encouraging continuous learning and practical application. This bridges the gap between theoretical knowledge and real-world blockchain usage, with Space Bonuses serving as a motivator for deeper engagement and practical exercises.
The goal of the Space Token ecosystem is to anchor crypto participation in mainstream society. It aims to achieve this through education, incentivization, and simplification, making community ownership open and beneficial for people across all cultures, classes, and nations. This approach seeks to leverage decentralized principles for societal value propositions.
Features
Key features of the Space Token include:
Serving as a reward for user participation in various tasks on the Final Autoclaim platform.
Strengthening community involvement in decision-making processes.
Enabling cross-network accessibility, ensuring users can engage with the platform across various blockchains.
Space Bonuses: The Space Token ecosystem introduces Space Token Bonuses on Final Autoclaim, designed to enhance user experience and provide value to the community. Key highlights include:
Enhanced Autoclaim Rewards: SPACE holders enjoy up to a +100% increase in autoclaim rewards.
Increased Staking Rewards: Holding SPACE can earn users up to +20% more on staking rewards.
Exclusive Discounts: Up to -20% discounts on gift card purchases for SPACE holders.
Additional Bonuses for Liquidity Providers: Up to +100% bonuses on roll games and shortlinks, and up to +20% on surveys and offers tasks for those providing liquidity via SPACE LP Tokens.
Eligibility and Participation: To unlock SPACE bonuses, users need to hold a minimum of 200 SPACE across supported networks. For SPACE LP Token holders, a minimum of 5 SPACE LP tokens is required.
Core Element: Staking is a pivotal component in the Space Token ecosystem, crucial for product development and tokenomics. It modulates the circulating supply of SPACE tokens and fosters a stable token economy.
Staking Allocation: 5,000,000 of the 55,000,000 SPACE allocated for staking is earmarked for off-chain staking, particularly for newcomers to Web3 and DeFi.
Cooldown Period: A 12-hour cooldown period is implemented for staking to manage reward distribution systematically.
APR and Reward Structure: The staking program offers an attractive APR, initially set high and decreasing over time to maintain a balanced token economy.
Community-Driven Features: In the future, features like the cooldown period and minimum staking amounts will be governed by community consensus with Space DAO.
Future
The future of the Space Token ecosystem includes the launch of a Decentralized Autonomous Organization (DAO) within its faucets/learn-and-earn platform. This DAO, scheduled for Q2 2024, is expected to mark a significant step towards community-driven governance. It will empower token holders to propose, vote on, and implement critical decisions, thereby nurturing a self-reinforcing economy and ensuring that the Space Token ecosystem is truly governed by its users.
Additionally, You can find the Space Roadmap here.
Whitepaper
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