At Wink, we recognize that fans are pinnacle to the platform’s success. To show our gratitude for your loyalty and continued support, we’re introducing the Earn feature, which rewards you with $LIKE for every purchase you make. So, the more you engage and spend on the platform, the greater your rewards will be—much like a rebate. It's our way of saying thank you for being an integral part of the Wink community!
Here’s how “Earn” works:
- Reward Amount: For every purchase you make from either Passes, monthly subscriptions, Tips or PPV, 12.5% of the platform fee will be used to auto-buyback $LIKE to rewards fans.
- 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 | 1.25 | 0.05 | 25 |
2 | Tips | 20 | 0.5 | 0.05 | 10 |
3 | PPV | 30 | 0.75 | 0.075 | 10 |
A total of 45 $LIKE will be vested to the creator, 0.5 $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 | 2 | 0.08 | 25 |
2 | Tips | 40 | 1 | 0.08 | 12.5 |
3 | PPV | 100 | 2.5 | 0.1 | 25 |
A total of 62.5 $LIKE will be vested to the fan, 0.695 $LIKE every day from Day 3 to Day 92
Fan can claim 0.5 $LIKE from Day 1 sales rewards on Day 2, this 0.5 $LIKE will be burnt on Day 8 if remained unclaimed