Utility
Peach Blockchain is a platform designed with multifaceted utility mechanisms to engage, reward, and empower its community. The $PCH token, central to these mechanisms, serves various roles, enhancing user experience and fostering active participation within the Peach ecosystem
Referral Program
Referral Link Creation: Users can generate their own referral links, encouraging growth through community-driven outreach.
Wallet Generation Feature: The referral links facilitate the creation of new wallets, seamlessly expanding the Peach user base.
Gas Fee Rewards: Referrers earn a percentage of the gas fees generated by their referrals, paid in $PCH. This creates a continuous incentive for community expansion.
Enhanced Rewards with $vePCH: Conversion of $PCH into $vePCH (vote-escrowed PCH) can potentially increase the percentage of gas fee rewards. This mechanism, including lockup periods and sizes, will be further defined to balance incentive with commitment.
Staking and AI Integrations
Builders Incentive Program: This initiative allocates 35% of gas fees and 50% of LRT rewards to builders weekly, based on the active user metrics of their protocols, incentivizing development and innovation.
Fisherman Incentive Program: Allocating 5-10% of the Ecosystem Grant, this program rewards individuals (fishermen) who contribute significantly to the network's security and efficiency.
Ways to Earn and Utilize $PCH
Earning Mechanisms: Users can earn $PCH through various activities, including content contribution, engagement, referrals, participation in premium features, data contribution, beta testing, and success in AI model competitions.
Usage of $PCH: The token can be used to unlock premium features, access technical analysis tools, participate in data and trade copying, offset fees, and run AI service nodes.
Staking Benefits: Staking $PCH not only provides enhanced features but also enables participation in DAO-like development processes. It offers tiered rewards for reduced fees and enhanced referral program benefits.
Future Prospects and DAO involvement
Separation of Peach Prompt: A future proposal may introduce $PCHPT (Peach Prompt Token) for exclusive use in Peach Prompt features.
Community-Driven Development: Additional utility for $PCH can be proposed and voted on through PeachDAO, ensuring that the token's utility evolves in line with community needs and desires.
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