Unlocking the Power of RWT: Your Key to Rewards on Humanity Protocol’s Testnet

RWT, or reward tokens, is Humanity Protocol’s testnet token that allows users to earn rewards for referring Humanity Protocol’s testnet to others who successfully reserve their Human ID

Oct 30, 2024

Testnet

Have you started building your RWT bag?

There has been a lot of excitement around RWT, the native reward token that opens doors to valuable incentives within the ecosystem. But what exactly is RWT, and why should you care about accumulating it? Let’s break it down.

What is RWT?

RWT, or reward tokens, is Humanity Protocol’s testnet token that allows users to earn rewards for referring Humanity Protocol’s testnet to others who successfully reserve their Human ID. It’s designed to incentivize our earliest participants as they onboard others to the platform by inviting them to reserve their unique Human IDs.

RWT represents your contribution to growing the network and comes with exciting future benefits when the mainnet launches. As we onboard more users to our testnet, we want to ensure our early participants reap the most rewards, and have structured our Genesis and daily rewards to reflect this. RWT are non-transferable, non-fungible, and not tradeable for now.

For now, you can earn RWT by referring your friends and family to secure their Human IDs and by claiming your daily rewards from the dashboard. There’ll be other quests through which you can earn RWT in the next few weeks.

Here is our reward schedule:

The Genesis reward will be issued based on the user number at the time of creating the account. For example, if the user joined as the 101st user, they will earn 10,000 RWT regardless of when they claim the reward. They can claim it at any time.

Daily rewards are fixed rewards you can claim daily from the dashboard. They are based on the total numbers of humans on the Testnet during the day (00:00 UTC - 23:59 UTC) that you claim your reward.

Daily rewards will continue to be dependent on the total users at the time of claiming your daily reward. These can be claimed from the dashboard everyday.

You get 50% of all rewards earned by those who join using your link in perpetuity. So referrals remain the most efficient way to earn RWT.

Genesis Rewards

  • For user number 1 to 10,000: 10,000 RWT

  • For user number 10,001 to 100,000: 1,000 RWT

  • For user number 100,001 to 1,000,000: 250 RWT

  • For user number 1,000,001 to 10,000,000: 120 RWT

  • For user number 10,000,001 to 100,000,000: 60 RWT  

  • For user number 100,000,001 to 1,000,000,000: 30 RWT  

  • For user number 1,000,000,001 and higher: 10 RWT  

Daily Rewards

  • For when there are the following numbers of users:

    • 500,000 and fewer: 100 RWT  

    • 500,001 to 1,000,000: 75 RWT  

    • 1,000,001 to 5,000,000: 50 RWT  

    • 5,000,001 to 10,000,000: 25 RWT  

    • 10,000,001 to 50,000,000: 10 RWT  

    • 50,000,001 to 100,000,000: 5 RWT

    • 100,000,001 to 500,000,000: 2 RWT

    • 500,000,001 and more: 1 RWT

Why Should You Accumulate RWT?

RWT is more than just a testnet token — it’s your gateway to long-term rewards within Humanity Protocol. Once you collect RWT, you’re securing a stake in future incentives. Here’s why you should start accumulating them now:

  1. These tokens are just the start—their true potential will unfold with the mainnet launch.

  2. Every time someone joins the testnet using your referral link, you earn RWT. Even better, you receive 50% of all the rewards earned by those who use your link in perpetuity, making your referral network a long-term source of earnings.

  3. Want bragging rights? As you earn RWT, your progress is tracked on the leaderboard, giving you visibility in the community and a chance to rank among the top contributors.

How to Accumulate RWT

Accumulating RWT is simple. To get started, reserve your Human ID on the testnet and generate your unique referral link. Share that link with friends, colleagues, or anyone interested in decentralized identity management. As people join through your link, you’ll earn RWT, and the more referrals you bring in, the more you accumulate.

The earlier you join and engage, the higher your rewards. So, don’t miss this opportunity to become part of the future of decentralized identity and earn big in the process!

Build Your Stash

RWT is your ticket to a rewarding journey within Humanity Protocol’s testnet. By sharing your referral link, you not only contribute to the project’s growth but also secure early rewards that can lead to big rewards in the future. Ready to get started? Claim your Human ID, start referring, and watch your RWT pile up!

Claim your RWT now