🗳️Commonwealth Contribution Points

Commonwealth Contribution Points (CP) are a Soul Bound Token (SBT) and are non-transferable.

Each member of the Commonwealth (those who possess a Commonwealth ID) will receive a non-transferable token called Contribution Points (CP) in addition to staking rewards when staking veToken. These points serve as certificate of future Commonwealth-related benefits.

How to Earn

Once users stake $4 tokens to receive ve4, they start earning Contribution Points. The daily amount of Contribution Points earned = ve4 received on that day / 10,000.

Properties

Contribution Points are non-transferable, cannot be consumed, and their value will never decrease. They can use to share in the profits generated by the community treasury. When community treasury funds are used to build Web3 projects and generate profits, these profits will be distributed proportionally to Contribution Points holders.