# DeFi Revenue-Sharing Mechanism

<figure><img src="https://3036748332-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FI60rM1kVkAxNV3Qxu9tV%2Fuploads%2FXU6FbFrmmG7E8u4cvVk0%2FIncome%20DeFi%20Staking.jpg?alt=media&#x26;token=c8976c75-ebfa-4f93-b240-627935c74a69" alt=""><figcaption><p>Xride DeFi Revenue-Sharing flow chart with Staking reward pools and burning mechanism</p></figcaption></figure>

### 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.&#x20;

**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.

<figure><img src="https://3036748332-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FI60rM1kVkAxNV3Qxu9tV%2Fuploads%2FuTncKaLivEabpuCvAhll%2FUntitled.png?alt=media&#x26;token=ca5bbb2e-f547-4f02-a9e6-d1a92e206d1a" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
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.
{% endhint %}
