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πŸ† INVF Token Utilization & holder Rewards in L2

Introduction to INVF on zkBitcoin L2​

The introduction of the INVF token into the zkBitcoin Layer 2 ecosystem marks a pivotal development in enhancing user engagement and securing the network. As this new L2 chain aims to expand functionality while improving transaction efficiency and security, INVF will play a central role in its operational and economic model.

Rewarding Early Holders​

  • Early Adopter Incentives: Recognizing the importance of early supporters in achieving network security and liquidity, the INVF protocol on the zkBitcoin L2 chain will reward its early holders generously. Enhanced staking rewards, reduced transaction fees, and exclusive access to new services are part of the incentive package designed to reward early adopters.

    \text{Early Holder Rewards} = f(\text{Time of Holding}, \text{Amount Held})
  • Staking Rewards: To encourage long-term holding and network participation, INVF holders will benefit from a dynamic staking reward system. The longer and more tokens they stake, the higher the returns, calibrated to support network growth and holder commitment.

Importance of Holding INVF​

  • Network Influence: Holding INVF tokens grants users a say in the governance of the zkBitcoin L2 chain. This influence grows with the duration and size of the holding, aligning network development with user interests.

  • Transaction Fee Reduction: Holders of INVF tokens will enjoy decreased transaction fees on the network, linking usage benefits directly with token possession, encouraging both holding and active participation.

Planned Airdrops​

  • Airdrop Campaigns: To further incentivize participation and distribute ownership widely across the community, the zkBitcoin L2 will conduct several airdrop campaigns. These events are designed to reward active community members and attract new users to the platform.

    \text{Airdrop Amount} = g(\text{User Activity Level}, \text{Current Holdings})
  • Criteria for Airdrops: Eligibility for airdrops will be determined based on factors such as the length of time tokens are held, user activity on the platform, and contributions to the network’s security and governance.

Conclusion​

The INVF token's integration into the zkBitcoin Layer 2 architecture is designed to bolster the platform's usability, security, and community governance. Through strategic incentives like rewarding early holders, significant airdrops, and the intrinsic benefits of holding INVF, the new L2 seeks to foster a robust and engaged user base. These mechanisms ensure that the token's utility and value are closely tied to the actual usage and growth of the network, securing a mutually beneficial relationship between INVF holders and the broader zkBitcoin ecosystem.