OATs are tokens earned by users as rewards for completing specific microtasks within the Web3 ecosystem. Tasks could involve simple social media actions, participating in DeFi protocols, or engaging in community activities. Through OATs, users earn tokens that represent their contributions to the ecosystem.
How Do You Complete OATs?
Completing OATs is straightforward. Users engage in microtasks, such as liking a social media post, sharing project updates, or even interacting with DeFi protocols. These actions are designed to encourage active engagement and foster community involvement with the project.
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Introducing OATs on Assetux! Get to know OATs (On-chain Achievement Tokens) — an exciting way to earn rewards for completing simple tasks on the blockchain. Whether you’re completing microtasks or supporting Web3, OATs are your key to engagement.
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Types of OATs
OATs come in various forms to reflect different activities. Here are a few examples:
Social OATs: Earned through social media engagements, such as liking or sharing posts on platforms like Twitter or joining Telegram groups.
DeFi OATs: Awarded to users who participate in DeFi protocols, trade digital assets, or stake tokens.
Community OATs: Designed for users who actively support project growth by participating in community discussions or attending events.
These diverse OAT types offer multiple ways for users to engage and earn rewards within the Web3 ecosystem.
Impact of OATs on the Blockchain Network
OATs increase engagement within the blockchain network by incentivizing specific actions, making the community more dynamic and involved. As more users earn OATs, blockchain ecosystems benefit from greater user activity, leading to a healthier, more resilient network.
How Startups Can Benefit from OATs
For startups, OATs are a valuable tool to attract and retain users. By rewarding participants for completing simple microtasks, startups can easily foster an engaged and loyal community. This community-driven growth strategy helps projects scale efficiently, building a strong foundation for long-term success.
Final Thoughts
OATs offer a unique way to incentivize engagement within the Web3 ecosystem, rewarding users for completing small but impactful tasks. This drives a more active community and enhances overall blockchain health.
