Update on the ReDeFi Community Engagement Program: Ensuring Fairness and Quality Content
Dear ReDeFi Community,
As our Community Engagement Program comes to a close in just 4 days, we wanted to provide you with an important update regarding the program’s status and rewards distribution. We’ve received invaluable feedback from our community and have carefully reviewed the participation in the bounty program. Unfortunately, the program did not unfold as we had hoped, with numerous complaints surfacing regarding individuals attempting to exploit the program through various dishonest means.
After thorough consideration and in the spirit of transparency and fairness, we have made several adjustments to the bounty program structure and reward distribution:
1. Removal of Non-Compliant Participants:
Those who breached the rules, created multiple accounts, submitted fake BABB account credentials, or plagiarised content will be removed from the list of eligible participants. Only those who made genuine efforts and adhered to the rules will be considered for rewards.
2. Revised Reward Tiers:
We have decided to lower the number of rewarded participants to the first 50 individuals. Reward tiers will be determined based on the quality of content produced and the genuine efforts made. The new reward tiers are as follows:
Number 1: $500
Numbers 2 to 4: $250 each
Numbers 5 to 10: $100 each
Numbers 11 to 20: $60 each
Numbers 21 to 50: $30 each
3. Criteria for Participation:
Participants must have a current BABB USDT wallet to receive rewards. Multiple submissions from the same account will be reviewed internally, with only the highest-quality content counted. Participants found to have submitted inaccurate or misleading information, engaged in cheating or failed to make some tangible efforts will be disqualified from the program.
These adjustments are aimed at ensuring that rewards are allocated fairly and to the most deserving participants, while also upholding the integrity and transparency of our community.
We appreciate your understanding and support as we strive to improve the bounty program and maintain the highest standards of quality and fairness.
For those content creators interested in collaborating with us on future initiatives, please don’t hesitate to reach out to us at contact@redefi.world with your proposals.
Thank you for your continued support for the ReDeFi Project and the BAX token.
Interested in keeping up with ReDeFi and BABB? Follow us on our socials: https://linktr.ee/babbredefi
And don’t forget to voice your thoughts using the hashtags #babb & #ReDeFi.
About BABB and ReDeFi
ReDeFi is a Financial Market Infrastructure (FMI) platform that integrates blockchain technology with traditional financial systems. It prioritises empowering various businesses and banks through a decentralised framework conducive to various financial operations, from cross-border B2B transactions to e-commerce and boosting government fiscal procedures. With the Onchain Money model, ReDeFi maintains the singleness of money principle, while expanding the ‘financial inclusivity’ and ‘banking the unbanked’ vision of BABB.
