Tokenomics & Rewards
Last updated
Last updated
The Bistroo Token will be used as the incentive to reward contributors to the network and ecosystem. Each user vertical can unlock rewards through different avenues, ensuring that all users are incentivized to contribute to growth and are aligned with the network's long term success.
Next to the $BIST token being the reward and payment vehicle within the network, there are also additional utilities that can be unlocked with the token. This provides additional demand for $BIST while also rewarding usage of the token.
Lower fees: Pay with $BIST to receive discounts or double your stamp card rewards which qualify you for a free meal.
Unlock premium features: Unlock premium features like increased contribution rewards, extra dashboard features, or store enhancements.
Advertising: Enable merchants to access your profile data for enhanced ad targeting to receive $BIST rewards. Merchants can access advertising features by using $BIST.
Staking: By staking $BIST, users can earn rewards or unlock premium reward tiers.
Merchant financing: Food businesses will be able to request funding from the community and borrow $BIST to supercharge their offerings. Token holders get a fair return for staking their $BIST.
Full details regarding all reward & feature programs will be published prior to release.
