XRIDE White Paper
  • Welcome to the Xride
  • Xride introduction
    • What is the Xride Project and What does it offer?
  • App ecosystem
    • Peer to Peer Ride
      • DeFi Web3 Fare payment system
      • Bidding system
      • Cancellation of trips
      • Second route or waiting request in trip
    • Drivers NFT
      • Allowance for drivers
      • Drivers achievement points
    • Passengers NFT
      • Passengers achievement points
      • Passenger Loyalty Rewards
    • Internal wallet
    • Artificial intelligence
    • DeFi Revenue-Sharing Mechanism
    • Decentralized Data Storage
    • On-chain peer-to-peer calls and messages
  • Next Developments
    • Food and Package Delivery Services
    • Delivery Smart Insurance
    • Flight and hotel booking
    • Xride Online Shop
    • Xbank
  • Project Tokens and Economy
    • Introduction XRD and Tokenomic
    • Anti-inflation Mechanism
    • Burning per transaction
    • XRD fundraising plan
    • Sale Proceed Allocation
    • What is the X token?
  • Other Features
    • Airdrop Campaign in Telegram Mini App
    • Xride Digital ID
    • NFT Staking
    • XRD staking
    • X staking
    • Xride earn
      • lottery
  • Community and business development
    • VIP Drivers and Passengers
    • Drivers Club Referral Program
    • Passengers Club Referral Program
    • Community Vote
    • Business and Partnerships
      • Freelancers reward Pool
      • Collaboration staking Pools
  • Legal affairs and security
    • Xride company
    • Smart contracts Audit
    • Bug Bounty Program
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  • DeFi Lifetime Revenue-Sharing Mechanism for Loyal Drivers and Passengers
  • Requirements for Revenue-Sharing Participation:
  1. App ecosystem

DeFi Revenue-Sharing Mechanism

PreviousArtificial intelligenceNextDecentralized Data Storage

Last updated 11 months ago

DeFi Lifetime Revenue-Sharing Mechanism for Loyal Drivers and Passengers

At Xride, we believe in rewarding loyalty and excellence. That's why we are introducing our innovative Revenue-Sharing Mechanism, designed to empower our dedicated drivers and passengers.

Our Revenue-Sharing Mechanism allows you to become a true partner in our project's success. Here's how it works:

For Drivers:

  • Stake your NFT and project governance token: By staking your level 10 NFT, you can share the project's earnings in SOL, USDT, and other valuable tokens.

For Passengers:

  • Achievement-Based Rewards: We offer a range of achievements you can unlock as a passenger and increase your NFT level to 10. By reaching specific milestones, you earn rewards in the form of USDT, allowing you to become a valued participant in our ecosystem.

This innovative approach ensures drivers and passengers are directly involved in the project's growth and prosperity. It's our way of saying thank you for being a part of Xride.

Requirements for Revenue-Sharing Participation:

To become eligible for our Revenue-Sharing Mechanism and become true partners in our project's earnings, both drivers and passengers must meet the following criteria:

  1. NFT Level 10: Users must reach NFT Level 10 to demonstrate a commitment to our ecosystem and a high level of engagement.

  2. Identity Verification Label: Identity verification is essential for security and trust. Users should complete the identity verification process and receive the verification label.

  3. VIP Subscription: Users must subscribe to our VIP membership with exclusive benefits and privileges.

Meeting these requirements ensures that our revenue-sharing mechanism is accessible to committed and verified participants in our project. It's a step towards creating a more engaging and rewarding experience for our users.

We will deposit 25% of our income from earned commissions and VIP Subscription into a specific reward pool, and drivers and passengers can benefit from these rewards by staking their NFTs.

Xride DeFi Revenue-Sharing flow chart with Staking reward pools and burning mechanism