Loyalty Rewards (Buy-backs)
500,000 $LOOP will be distributed every week to the most loyal holders via Loyalty Rewards. Performance fees are applied to all Looping Collective Products. These fee will be used strategically to strengthen the value of $LOOP and incentivize long-term alignment.
How it works
Buybacks: The performance fee from all Looping Collective Products will be used to buy back $LOOP on the open market.
A 10% performance fee has already been applied to LHYPE (factored into the APY). A separate performance fee will be added to WHLP at the beginning of July 2025.
Loyalty Rewards Allocation: All $LOOP acquired through buy-backs will initially be excluded from circulating supply and held in the LOOP Loyalty Rewards Fund.
Loyalty Rewards Eligibility: To qualify for Loyalty Rewards, you must hold a position in LHYPE and/or WHLP, as well as at least 5,000 stLOOP. Your loyalty reward amount is calculated based on both your accumulated points history and points generated today. Looping Modes unlock points multiplier for the Loyalty Program.
Goals
Increase demand for $LOOP via consistent market buybacks
Create long-term alignment with users and builders
Reduce sell pressure by conditioning distribution on price thresholds
Build a sustainable and value-accretive rewards system
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