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Smart Reward Tokens (SRT) are an ERC-20 governance and utility token for the Cash.Fi ecosystem. Cash.Fi holders are able to claim rewards and participate in select governance votes tied specifically to the play-to-earn features. The primary way that users are able to earn SRT is by submitting check-ins to be reviewed for quality; and posts with high-quality photos and captions are rewarded with SRT. The goal of SRT is to align incentives between Cash.Fi users and local businesses in new, novel ways. This alignment occurs because:<ul><li>Users are rewarded for exploring and documenting with Cash.Fi, while simultaneously being incentivized to hold on to their earned tokens to claim even more rewards.</li><li>Local businesses are rewarded when people explore them, with the opportunity to have both increased sales and earn SRT when Cash.Fi users go there.</li></ul>Cash.Fi is a social network for users who are into game-like features in their daily lives. Cash.Fi is built on the Ethereum blockchain to make the users experience a more decentralized and user-driven environment. Users will adopt the diverse activities in Cash.Fi. For example, checking in to the places they go and sharing those check-ins with friends. Each check-in made on CashFi has the opportunity to be monetized by SRT(Smart Reward Token).

Smart Reward Tokens (SRT) are an ERC-20 governance and utility token for the Cash.Fi ecosystem

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%name%: Latest News, Social Media Updates and Insights

Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs). Co-founder of The ETF Institute Nate Geraci called the guidance “the last hurdle” before the SEC can approve staking in spot Ethereum (ETH) ETFs. Furthermore, he noted […]
The post SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs appeared first on CryptoSlate.

CryptoSlate

SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs

The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued new staff guidance stating that liquid staking does not automatically constitute a securities offering. According to an Aug. 5 statement, neither the liquid staking activities nor the associated staking receipt tokens (SRTs) constitute offers or sales of securities that require registration. The statement […]
The post SEC clarifies liquid staking tokens are receipts, not securities appeared first on...

SEC clarifies liquid staking tokens are receipts, not securities

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SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs

SEC clarifies liquid staking tokens are receipts, not securities