At Wink, we deeply value our creators, who are essential to our platform's success by driving traffic and revenue. That’s why we believe you should be rewarded accordingly. With the new Earn feature, Wink will automatically buy back $LIKE (learn more about $LIKE) using a portion of the platform fee from every transaction and vest it to you over time. In simple terms, the more you sell, the greater your rewards will be.
Here’s how “Earn” works:
- Reward Amount: For every sale you make from either Passes, monthly subscriptions, Tips or PPV, 25% of the platform fee will be used to auto-buyback $LIKE to rewards creators.
- Vesting Schedule: Your daily accumulated rewards will be vested equally across 90 days.
- Claiming Period: Each daily reward is claimable for 7 days, after which that tranche will be burnt (removed from circulation)
- Claiming/Burning Time: at 11:00 UTC
Example:
Day 1
| Trx | Content Sold |
Sales (in USD) |
Buyback Reward Amount (in USD) |
$LIKE Price (in USD) |
Number of $LIKE |
| 1 | Pass | 50 | 2.5 | 0.05 | 50 |
| 2 | Tips | 20 | 1 | 0.05 | 20 |
| 3 | PPV | 30 | 1.5 | 0.075 | 20 |
A total of 90 $LIKE will be vested to the creator, 1 $LIKE every day from Day 2 to Day 91
Day 2
| Trx | Content Sold |
Sales (in USD) |
Buyback Reward Amount (in USD) |
$LIKE Price (in USD) |
Number of $LIKE |
| 1 | Pass | 80 | 4 | 0.08 | 50 |
| 2 | Tips | 20 | 1 | 0.08 | 12.5 |
| 3 | PPV | 100 | 5 | 0.1 | 50 |
A total of 112.5 $LIKE will be vested to the creator, 1.25 $LIKE every day from Day 3 to Day 92
Creator can claim 1 $LIKE from Day 1 sales rewards on Day 2, this 1 $LIKE will be burnt on Day 8 if remained unclaimed