Reimburse users for the gas fees incurred during the qualifying action
Pros: Removes a barrier to participation, especially during high gas periods
Cons: Gas prices can be volatile, potentially leading to unpredictable reward amounts
When choosing a strategy, consider your goals, budget, and target audience. It’s often effective to combine multiple strategies for optimal results. For example, you could offer a fixed reward plus a gas rebate, or a percentage-based reward with a streaming component.Remember to clearly communicate your chosen reward strategy to users, ensuring they understand how and when they’ll receive their rewards. This transparency can significantly boost participation and user satisfaction.