Earning and Claiming Tokens

FAQ and guide for Channel users

Who can claim channel tokens?

Channel tokens are allocated proportionally to channel users according to their contribution score on the channel leaderboard.

Anyone who contributed to high quality casts in the channel and got meaningful engagement will have a score on the channel leaderboard. For gated channels, followers whose reply to casts got meaningful engagement will also receive a score.

How can I claim the channel tokens?

Step 1: Go to your channel and find your Channel Leaderboard Frame. It is either a pinned cast or external link shown in channel description.

Step 2: Open the frame, and you can see your channel openrank score in the channel leaderboard. If your channel has launched a token, you will see token amount that you can claim based on the leaderboard.

Step 3: Connect your Warpcast verified wallet to the frame. If not, switch wallets. Click on the claim button. If you have non-zerio scores in your leaderboard tab either lifetime or weekly, you will be allocated an amount of tokens to claim.

Step 4: Go cast quality content in the channel.

Step 5: If you contributed to the channel in a prior week, channel tokens will be rewarded to you to claim on the following Monday after 5pm UTC.

When are the channel token allocated?

Channel leaderboards refresh weekly on Monday 5pm UTC. After the refresh to reflect last week's contribution, channel users will be able to claim tokens rewarded for last week.

Do channel tokens expire if I don't claim them in time?

There's no expiration. You can claim your tokens once they are allocated to you.

Does every channel have a channel token?

Not by default. Channel mods can launch a channel token if the community decides that a channel token is a good fit for their community .

Who owns the channel tokens?

Channel tokens are issued from and managed by a channel smart contract wallet.

Channel tokens are collectively owned currencies for communities, enabling them to operate their own economy and reward meaningful contributions.

How are channel tokens created?

Moderators use Cura to create tokens and configure the distribution. A portion of tokens are allocated for channel reward pool and remaining are launched into a Uniswap pool.

See more about token distribution in:

Unlocking a Channel Economy

Is channel token liquid? Can I buy it?

The channel mods can decide the relative allocation of total supply to liquidity pool and reward pool, when initiating the token launch. Tokens allocated to liquidity pool are immediately liquid for anyone.

How are channel users rewarded from the reward pool?

Channel rewards pool allows X% initial airdrop to users based on retroactive contribution, and rest of the tokens in the channel rewards pool are earned by users weekly based on channel leaderboard over a timeline chosen by the moderator (eg: 24 months)

The parameters are decided by mod when initiating the token launch, and exact distribution is proportionally mapped according to channel leaderboard openrank scores.

• X % for the initial airdrop based on prior contributions.

• Remaining % distributed weekly based on daily contributions, claimable weekly, over a period of time.

Who manages the community wallet?

The wallet is collectively owned by the community, and token distributions are automated via Cura smart contracts. The particular governance structure of the wallet is up to the mods and the community they represent.

How are channel tokens different from other tokens or meme coins?

Unlike pure speculative tokens, channel tokens allow rewarding quality engagement and contribution within a community. They help align incentives within the community and enable opportunities to build utility and ownership.

How can channel tokens be used?

Moderators and members can define utility such as decision-making, content curation, issuing badges, or enabling other channel-specific features.