Proof Of Loyalty — New Time-Based Rewards Program.
Introduction to Sparkle Loyalty
Sparkle is one of the first loyalty-based smart contracts designed to reward all users within its ecosystem.
Sparkle lets your daily loyalty remove the randomization process from staking and allows all participants to receive rewards with confidence.
What is PoL
PoL (Proof Of Loyalty) operates similar to a traditional savings account in that it provides users with a consistent rate of return on their deposits that start at 15% annually.
Sparkle’s Proof Of Loyalty account act as a time-based rewards program that allows anyone to claim additional tokens for holding SPRKL every 24hrs without locking your tokens for extended periods of time.
Like starting any savings account, PoL users get to choose the rate in which they claim their rewards and also may choose to purchase a reward upgrade in the form of a reward bonus multiplier.
Advantages Over Staking Contracts on Ethreum
- Guaranteed to generate a reward
**Based on deposit timestamp - Multi-tier rewards plan
- Compounding daily interest
- A reliable source of accuracy
- No SPRKL lock times
- Withdraw SPRKL whenever you choose
**All or nothing
Reward Structure
- Minimum Deposit: 1,000 SPRKL
- Maximum Deposit: 250,000 SPRKL
- Maturity Period: 86400 seconds (~24h)
- Standard Loyalty Rate: 15% APR
Reward Bonus Structure
- Tier1: +10% Reward Bonus for 0.1 ETH
- Tier2: +20% Reward Bonus for 0.2 ETH
- Tier3: +30% Reward Bonus for 0.3 ETH
Current Wallet Compatibility
Please note we are currently working to provide better browser compatibility however early loyalty adopters can get starting using the following methods:
- PC: Chrome Browser + Metamask Chrome Extention
- Android: Trust Wallet or Metamask app
- IoS: Metamask app
How to Get Started
- Create an account on Sparkleloyalty.io
**Know Bug** encoding error with verification email when using Apple Mail, Please use another email provider when creating your account at sparkleloyalty.io - Approve amount to deposit
- Deposit SPRKL (Minimum deposit amount of 1000 SPRKL)
- Select bonus multiplier (Optional)
- Wait for 24hrs
- Claim daily reward
- Repeat 5 & 6 until you wish to withdraw all your tokens
Product Disclaimer
Notice: By using Sparkle’s PoL program you acknowledge any potential risks and or the loss of tokens that may occur through the use of Sparkle’s loyalty platform.
By creating an account on Sparkleloyalty.io users agree to not hold Sparkle Mobile Inc. and all subsidiaries therein owned wholly or in part liable.
Source Links
Website: Sparkleloyalty.io
Twitter: Sparkle Loyalty
Telegram: https://t.me/Sparkleloyalty
Github: https://github.com/Sparkleloyalty
Security Audit: MythX — Made by CONSENSYS