Everything you need to know about TeraBlock Rewards

TeraBlock
3 min readApr 19, 2022

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We’re thrilled to announce the launch of the TeraBlock Rewards Program, an exceptional rewards mechanism designed to incentivise our dedicated community for their active participation and loyalty towards TeraBlock. As we expand our DeFi ecosystem, we aim to offer you rewarding ways to earn crypto, regardless of your trading experience.

What are TeraBlock Rewards?

With TeraBlock, we’re democratising access to DeFi rewards. Through TeraBlock Rewards, users staking TBC tokens can reap multiple benefits. These include a competitive APR, redistribution of a portion of the total transaction fees collected on our platform, and up to a 40% discount on transaction fees across the TeraBlock ecosystem.

In addition to the Annual Percentage Yield (APY) you accrue from staking your TBC holdings in TeraBlock’s staking pools, users can earn additional rewards. Our strategy incentivises our community members to acquire, utilise, and retain TBC, enhancing their overall DeFi experience.

Detailed infographic outlining the three types of TeraBlock rewards: transaction fee discounts, payback rewards in TBC tokens, and premium access to upcoming products and events.

Types of TeraBlock Staking Rewards

As a community-oriented platform, TeraBlock is dedicated to fostering the mass adoption of DeFi. The TeraBlock Rewards Program is part of this commitment, incentivising users to acquire and retain TBC. Here’s a breakdown of the types of rewards available for users participating in TeraBlock’s staking:

Reward 1: Ecosystem Fees Discount

Stake more, save more! Enjoy discounts of up to 40% on transaction fees across the TeraBlock ecosystem. The more TBC you stake, the higher your discount.

*The above VIP levels structure is subject to change without prior notice in correlation to the total staked TBC in the market

Reward 2: Payback Rewards

As a TBC staker, you stand to earn additional rewards in the form of TBC tokens. We’re distributing a percentage of the fees collected on the TeraBlock ecosystem amongst TBC stakers as payback rewards.

Reward 3: Exclusive Access

Beyond the financial incentives, TeraBlock Rewards Program also opens doors to exclusive access to our upcoming innovative products, events, and more. We value your loyalty, which is one way we express it.

The TeraBlock Rewards Program begins our plans for a more rewarding and inclusive DeFi ecosystem. Whether you’re a seasoned trader or a crypto newbie, we’ve ensured there’s something for everyone. Get ready to take your crypto journey to the next level.

Stake, earn, and grow with TeraBlock.

Whether you have questions about our products, features, or anything else, our team is ready to answer all your questions. Please feel free to contact us

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TeraBlock

TeraBlock empowers you with the knowledge, tools and support to easily transition from a centralised (Web2.0) to a decentralised (Web3.0) economy. #timefordefi