⚒️Use Case Examples

What can you do with PledgePool™? Here's a short list of use cases our team identified. The use case possibilities are only limited by the imagination of the community!

Project Funding

In the Project Funding use case, the BennyFi™ implementation of PledgePool™ enables the creation of pooled funding campaigns with composable terms. Participants pledge tokens to a pool, earning rewards while the principal remains intact and returnable to the Participant at the end of the staking period. PledgePool™ aggregates these pledges to generate yield, which is then used to fund the project. This approach ensures projects receive support without risking participants' initial stake, making it a less risky, community-driven funding solution.

Staking Pools

In the Staking Pools use case, PledgePool™ allows for the composition of pools that access staking rewards from DPoS staking sources in the form of yield. These pools can be customized to generate distributed yield from designated tokens, providing participants with flexible funding opportunities. The yield distribution is also composable, enabling the adjustment of reward terms based on the specific goals. Meanwhile, the principal or original stake remains protected and is returned to Participants at the end of the staking period. This model supports a user-friendly, transparent, and adaptive approach to staking, allowing users to participate in funding without compromising their initial stake.

Marketing Use Cases

Monetizing Content

In the Monetizing Content use case allows for the composition of pools designed to reward Participants for providing input to content creators. These pools enable content creators to set up reward structures where Participants receive yield for their engagement, feedback, or contributions. By pooling funds, creators can distribute rewards based on the value of user input, such as feedback on drafts, suggestions for improvements, or sharing content within their networks. This approach encourages community interaction and creates a sustainable way for creators to generate insights while rewarding the audience and creating a source of funding to support the content channel.

Give Away

The Give Away use case allows for the composition of pools designed solely to distribute tokens and real-world assets (RWAs). The Give Away can be gamified to encourage user participation. These pools enable organizers to set up campaigns where participants can receive tokens or tangible rewards directly from the pool, without any required pledging or staking. The process is transparent and automated, ensuring fair distribution according to predefined criteria, such as random draws or engagement-based metrics. This model supports a straightforward and efficient way to run promotions, raffles, or community incentives, making it easy for users to access distributed rewards while building brand awareness or user engagement.

Loyalty

The Give Away use case allows for the composition of pools that distribute custom loyalty tokens, which marketing organizations can use to incentivize their brands. These pools enable marketers to reward users with branded tokens for specific actions, such as product trials, social engagement, or referrals. The tokens can be tailored to the brand's goals, fostering customer loyalty and engagement. The distribution is automated and transparent, ensuring fair delivery of rewards while creating a more interactive and rewarding marketing experience. This approach helps brands build stronger relationships with their audiences by offering tangible incentives for participation.

Points

The Points use case allows for the composition of pools and the creation of custom tokens to represent marketing points. These tokenized points can be distributed as rewards for user actions, such as purchases, referrals, or social interactions. The points are cumulative, encouraging ongoing user engagement as participants accumulate and redeem them within the marketing ecosystem. Pools can be configured with flexible reward structures, enhancing customer retention and incentivizing repeat interactions. This tokenized system provides a dynamic and engaging approach to loyalty programs, making them more interactive and rewarding for users.

Rewards

The Rewards use case allows for the composition of pools that distribute tokens representing marketing rewards. Marketing rewards refer to incentives provided to users in exchange for specific actions, such as participating in campaigns, making purchases, referring friends, or engaging with content. These tokenized rewards can be tailored to align with a brand's goals, enabling Participants to earn tangible benefits for their engagement. By distributing these rewards through pools, PledgePool™ facilitates a transparent, automated, and flexible reward system that drives user participation and fosters brand loyalty.

Fixed Swaps

Stake To Cash™

Stake To Cash™ allows Participants to exchange future staking rewards for tokens today. Stake To Cash™ is interesting to Participants who need funding today to make a purchase but do not want to sell their tokens. Stake To Cash™ allows participants to monetize future staking rewards. Participants stake tokens today for a defined duration and reward. Once the pool closes, the reward tokens are immediately released to the Participants. At the end of the staking period, the staking reward is released to the Pool Manager, and the original staked tokens are returned to the Participants.

Yield Games

Flip Stake™

Flip Stake™ gamifies token staking. It is a simple game that divides a pool’s staking yield based on a simulated coin toss. Two Participants enter a pool with a 90-day staking period and a fixed stake amount of 10, 100, 1000, or 10000. The staking rewards are split 75% to the winner and 25% to the loser. Flip Stake™ makes staking fun by using intermittent reward behavior as an incentive to get Participants to stake tokens and generate staking rewards.