This article was first published on Ethos
Ethos Status – Powered by the Ethos Token
What is Ethos Status?
Essentially, Universal Wallet users will be assigned a status and badge based on the amount of Ethos tokens that they currently hold inside the Universal Wallet. Your badge and status will be interactive and responsive to the number of tokens you hold in your SmartWallet, and will change as you add or subtract Ethos tokens.
The level of your Ethos status will correlate to enhanced features in the wallet, which we explain below. And in the future, Ethos Status will expand to include discounted rates on exchange and fiat gateway functionalities, etc.
We built Ethos Status through an enhancement to Bedrock xAlert, in which we are now able to associate the amount of ETHOS a user is holding with their account and in-turn implement a tiered system of benefits.
Today, we announce our first round of benefits, although they will expand as Ethos and the Universal Wallet functionalities grow.
Ethos Status Tiers
In this first implementation of token utility, we encourage users to stake their ETHOS in the Universal Wallet. The amount of ETHOS you have staked in the wallet, will determine your status from Shrimp to Humpback Whale! With each level you get a badge that’s displayed on your profile.
Disclaimer: Ethos Status Levels and Badges may change in the future – as we learn more about how to enhance and refine this feature for our community.
While the Ethos Badge will be a default feature, we understand ...
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