As peaq nears its official launch, anticipation is building, particularly regarding the $PEAQ rewards for early adopters. Having followed peaq’s progress for a while, I wanted to share some key insights and my personal views on what this means for the project’s future.
Key Points: 🔥Rewards for Early Adopters: peaq has increased the allocation for early adopters from 1% to 2.5% of the total $PEAQ supply. If you hold 2,000 $KREST tokens at launch, you’ll be eligible for these rewards. The longer you hold $KREST, the more $PEAQ you’ll receive. 🔥Liquidity Pool Options: You can amplify your rewards by providing liquidity for $PEAQ, locking $KREST tokens for six months to boost your potential earnings. 🔥Vesting Period: To avoid market turbulence, the rewards will be linear-vested over 18 months, ensuring a more stable distribution process. 🔥Compliance and KYC: To receive rewards, participants will need to complete a KYC process, which aligns with peaq’s goals of regulatory compliance and enterprise adoption.
Opinion: From my perspective, peaq’s decision to reward early adopters generously is a smart move to strengthen its community. However, the long vesting period and KYC requirements could frustrate some. Still, these measures are necessary for peaq’s sustainable growth and long-term success, particularly in the regulated world of decentralized infrastructure. peaq is clearly positioning itself as a key player in the DePIN space, and the upcoming rewards are a clear nod to the community's role in its journey. Despite the challenges, it’s exciting to see the project take these important steps toward decentralization and compliance.
Source: https://www.peaq.network/blog/early-adopters-drop-first-snapshot-date-allocation-increase-and-more Show Less