Let's Understand Bulb staking Model.

Good Morning BULB Family!

Notw: This post is going to be my entry for the contest.

I hope you all are doing well. I am doing well too. Yesterday, I joined a Discord group where members of the bulb community had created a quest on Zealy. It was a contest where participants had to share their staking journey. This post is my entry for that contest.
If you also want to join the quest then here is the link for the Community.

BULB Community Rush
But remember one thing "This isn't an official Bulb Zealy. Just a community run thing".

All you need to know is

As the cryptocurrency world continues to evolve, platforms like Bulb are introducing innovative ways for users to engage and earn rewards. With the much-anticipated Bulb Liquidity Event approaching on April 13th, the platform has implemented radical changes to its tokenomics and introduced a new staking model. These changes have sparked excitement among users, offering them a chance to earn rewards like never before.

Let's Understand Bulb staking Model.

Bulb's new stake-to-earn model is revolutionizing how content creators get paid. Instead of relying solely on views and clicks, users can now stake their tokens to earn tangible rewards based on their engagement and contribution to the platform. This shift means they no longer have to share valuable content with web2 providers who offer minimal or no compensation.

Transition from Leaderboard Rewards

Previously, Bulb operated on a leaderboard system where users accumulated points based on their activity and were rewarded with Bulb tokens. While effective in the platform's early stages, the new staking model incentivizes users to stake their tokens for long-term earning potential, encouraging them to remain active and committed to the platform.

Maximizing Rewards with Multipliers

In addition to staking rewards, users can now earn multipliers based on the number of tokens they've staked. These multipliers enhance users' points-earning ability, leveling the playing field for both long-term and daily users of the platform. Paired with Bulbmoji NFTs, users can significantly boost their rewards and broaden their token holdings.

How to stake?

You just need to go to your profile and then click on the three dots. After that, click on Bulb Tokens, and you'll see an interface like this in front of you.
Afterwards, click on "Start Staking" and select the coins of your choice as many as you want.
That's all. By doing this, your Bulb tokens will be staked, and you don't need to do anything else. In exchange for this stake, you'll receive rewards as you can see in this picture.

By the way if you wants some tips from me for maximizing rewards and for participation then here are some tips for you.

 Stay Informed: Follow Bulb's official channels on Medium, Twitter, and Discord for updates on the liquidity event and other relevant information.
BulbApp on Medium
Bulbapp on X / Twitter
Bulb’s official User Discord
Bulb user AndrewSaul on X / Twitter
Our Own X / Twitter for contest updates
Our Crypto Telegram for Contest Updates

 Engage with the Community: Join discussions on social media platforms and share your thoughts and ideas about the staking model. Bulb values community feedback and may implement changes based on user suggestions.

Participate in Contests: Take advantage of opportunities like token rain giveaways by sharing your staking experience, potential rewards, and ideas for modifying the staking model on social media. Don't forget to include memes related to the new staking model for added fun!

Conclusion

With Bulb's innovative staking model and upcoming liquidity event, there's never been a better time to get involved. By staking your tokens and actively participating in the community, you can earn rewards while contributing to the platform's growth and development. Join the contest, share your insights, and seize the opportunity to win big with Bulb!
If you also want to join the contest then here is the link for the original post.
Orginial contest post

That's all for today.

Let’s interact in the comment section. Thank you to all the readers for your precious time.

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Btw, if you have any queries regarding anything you can follow me on my different branches :)
Telegram:@jawad7555
Gmail: jawadniazi897@gmail.com

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