LAVA Protocol's Guidebook
  • Get started
    • πŸ”–Preface
  • Protocol Overview
    • ♦️BRC20
    • πŸ”·BEC109 Protocol
    • 🎯Our Vision
    • πŸ‘οΈβ€πŸ—¨οΈDePIN Terminlogy
    • πŸ†Point Program
      • How to join LAVA Airdrop
      • FAQ
  • Features
    • 🧰LAVA Protocol's Features
    • πŸ”ΆCross-Chain Bridge
      • BRC20 to EVM Transfers
      • Transaction and LP Creation
      • Cross-Chain Launchpad Storage
      • Future Vision: Decentralized Bridge
    • πŸ’ AMM Protocol
      • Decentralized Exchange (DEX) Integration
      • Selected Trading Platforms
      • Proprietary AMM Protocol
      • Community-driven Applications
    • πŸš€Launchpad
      • Inscription Tokens
      • Rune Tokens
      • For B-Side Partners
      • Future: Open to C-Side Users
    • 🏚️Marketplace
      • Collection Filtering
      • Cross-Chain Trading Process
      • Digital Artwork Trading
      • Candlestick Charts
    • 🚏Staking and Lending
      • Staking and Lending Mechanism
      • Single/ LP Staking
    • πŸͺ™Tokenomics
      • BRC20 Tokens
      • SBT (Soulbound Tokens)
      • ERC20 Tokens
    • πŸŽ‹Applications
      • Fees
      • BRC20 Mini-Games
      • Community Engagement
  • Roadmap
    • πŸ—ΊοΈRoadmap
    • 🧩Conclusion
  • Social media links
    • πŸ”—Links
  • Website
  • X (Twitter)
  • Telegram Chat
  • Telegram Announcement
  • Medium
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  1. Features
  2. Tokenomics

SBT (Soulbound Tokens)

SBT (Soulbound Tokens) are a unique feature of LAVA Protocol, created to reward early users for their participation and loyalty, and used for KYC (Know Your Customer) and OG (Original Gangster) checks.

KYC and OG Checks: SBT tokens act as keys for KYC and OG verifications, giving early users a unique way to dive into the platform's ecosystem. Holding SBTs unlocks extra benefits and access to special services after completing verification steps.

Limited Supply: There are only 10,000 SBTs available, making them rare and valuable. This limitation also provides room for flexibility and future growth of the platform.

Exclusive Benefits: SBT holders gain access to exclusive perks, including priority in IDO (Initial DEX Offering) opportunities. These advantages encourage early engagement and platform loyalty.

Rewarding Early Users: Introducing SBTs aims to thank and incentivize users who contribute from the start. It's all about building a strong community, keeping users around, and fostering the growth of the platform.

Introducing SBT tokens, LAVA Protocol offers early adopters unique chances to engage, and brings a fresh dose of energy and commitment to the ecosystem. This token strategy is all about fostering an active, reward-rich community to support the platform’s growth well into the future.

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Last updated 1 year ago

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