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Rewards Program

Definition

A rewards program in the digital asset space offers incentives to users for specific actions or contributions to a platform. These programs often distribute tokens, discounts, or exclusive access as compensation for activities like staking, providing liquidity, participating in governance, or referring new users. The goal is to encourage user engagement, promote network growth, and align user interests with the long-term success of the underlying protocol. Such programs are a common mechanism for community building and ecosystem bootstrapping in decentralized applications.