In order to encourage users to place votes on which projects should be selected for the next cycle and thus use the ARE token for its main purpose within the ecosystem, we will implement a comprehensive gamification system that will offer fee cashbacks to our community members that are based on their collective contribution.
Arealeum collects a 3% on all transactions with the ARE token. 50% of the funds collected through fees will be dedicated to the community rewards and will flow towards a dedicated community participation pool. Furthermore, all ARE spent on voting also flow towards the community participation pool.
Placing votes with the ARE token as well as any other transaction is charged with a 3% transaction fee. Users who place votes with ARE are still incentivized to do so with the opportunity of receiving much higher cash back than the fee they have to spend on placing their vote.
The rank hierarchy for community rewards: