Other Merkl functionalities
In addition to incentivizing liquidity in liquidity pools, and lending and borrowing protocols, and creating airdrop campaigns, Merkl offers two additional functionalities:
Token Snapshot
Token Balance
Token Snapshot
Merkl facilitates token snapshots and distribution of rewards based on these snapshots.
For Users: You may be one of the recipients of extra tokens for holding a token at a specific time.
For Incentive Providers: Learn how to reward your token holders for holding your token at a specific time.
To learn more about Token Snapshot and how to use Merkl to benefit as a user and an incentive provider (IP), go to this page, or click on the page link below.
Token SnapshotToken Balance
Merkl also allows protocols, DAO or individuals to reward users who hold a specific token over a certain period.
For Users: You might receive rewards for holding a token during a period specified by the Incentive Provider (IP).
For Incentive Providers: Learn how to reward your token holders over a specific period.
To learn more about Token Balance and how to use Merkl to benefit as a user and an incentive provider (IP), go to this page, or click on the page link below.
Token BalanceLast updated