🤯Gems & XP FAQs
Last updated
Last updated
The Gem and XP Rewards system is a feature on Film.io designed to enhance your staking experience. By staking your $FAN Tokens, not only do you earn your normal Fan Governance Rewards (FGR) but also Gems and XP. This system rewards your commitment to staking and holding $FAN Tokens, allowing you to accrue more benefits the longer and more you stake.
Stake Your $FAN Tokens: Choose your preferred film projects and stake your $FAN Tokens on them.
Hold Your Stake (HODL): The longer you maintain your stake without withdrawing, the greater your rewards.
Earn Daily: Every day, you will earn Gems and XP in addition to $FAN tokens from FGR.
Reward Growth: Watch as your rewards increase daily, enhancing your total returns and benefits from participating in the Film.io ecosystem.
Gem and XP rewards are distributed daily. This means you will see an increase in your Gems and XP each day based on the tokens you have staked and the duration for which you've held them.
The amount of Gems and XP you earn is determined by:
Amount of $FAN Staked: The more $FAN Tokens you stake, the higher the number of Gems and XP you will earn.
Duration of Stake: Longer staking periods result in higher Gem and XP accrual. The system is designed to reward long-term holders, encouraging sustained engagement with the platform.
Staking your $FAN Tokens and earning Gems and XP can significantly enhance your interaction with Film.io. These rewards can be used within the platform for various privileges and enhancements, such as accessing exclusive content, participating in special events, or enhancing your voting power in community decisions.
Yes, in a positive way! By staking $FAN and earning Gems and XP, you are essentially boosting your overall rewards. The Gems and XP act as additional incentives on top of the regular FGR, amplifying your total earnings from participating actively on the platform.
To maximize your rewards:
Increase Your Stake: The more $FAN you stake, the greater your daily rewards in Gems and XP.
Maintain Your Stake: Avoid withdrawing your stake prematurely to benefit from the cumulative reward effect.
Stay Active: Engage with the platform regularly to take advantage of any updates or changes to the rewards system.