Cold Wallet ($CWT) is reinventing the crypto wallet loyalty program — offering an entirely new economy, where users earn by completing daily tasks. The platform provides cashback-style rewards for various activities including swapping, bridging, paying gas fees, and transferring funds. That’s the goal of this innovative approach — to make earning rewards feel natural and intuitive, like using an established fintech platform.
Here’s how this new system sets itself apart from the current status quo in the cryptocurrency universe. Cold Wallet wants to solve the problem of users needing to learn instinctive ways to lose money in order to earn rewards. It’s a bold new direction focused on delivering a seamless, user-friendly experience and it’s something Cold Wallet is doing differently.
Cold Wallet's Tokenomics and Reward Structure
Cold Wallet’s total supply is 10 billion CWT tokens. Out of that, an impressive 25% of the total is dedicated right back to the users in rewards. This allocation further demonstrates the platform’s intention to incentivize active users and build a dedicated community. The rewards system encompasses all sorts of thrilling activities—including gas rebates, swap incentives and referral bonuses. All of them are designed to provide genuine utility and value to users.
Unlike the myriad of more complicated reward systems in the crypto ecosystem, the system is designed to keep things simple with easy-to-understand cashback rewards. Each time users make an actual transaction to an external address with their Cold Wallet, they get rewarded with new CWT tokens. The design philosophy is simple: use the wallet, earn the token, hold the token, and receive even greater rewards.
A set of transparent reward tiers, continuously updated according to the amount of tokens held by the users, determines how these rewards are distributed. These tiers have monthly volume caps to limit abuse and ensure no single user hoards capacity to the detriment of other users. We believe this structural approach is intended to lead to the development of a sustainable, equitable, and broadly beneficial rewards ecosystem.
Gas Rebates and Fee Reductions
One of the most exciting aspects of Cold Wallet’s rewards system are the generous gas fee rebates. At the top level, users can earn back 100% of their gas fees rebated in CWT. This huge rebate can significantly reduce transaction costs on-chain. As a result, it’s a lot more user-friendly to regular riders.
Beyond gas rebates, Cold Wallet provides significant discounts on swap and on/off-ramp fees as well. Users at the most expensive tier can get up to 50% of these fees rebated in CWT. Providing competitive staking, Cold Wallet has lots of appeal for users. This would be ideal for users who actively trade or regularly swap funds across multiple different crypto and fiat currencies.
Cold Wallet’s preventive, user-oriented approach is a departure from what most platforms in the crypto space envision. This new program changes the game for how users can earn rewards. It removes perverse incentives like liquidity mining and the practices of locking tokens for long durations.
A Shift Towards Natural User Behavior
Cold Wallet’s main mission is to revolutionize the way users earn rewards. It tries to stamp out what it considers unnatural behavior. This covers practices such as liquidity mining and locking tokens for extended periods. Rather, the platform has been designed to foster and incentivize the organic, everyday regular use of the wallet for plain old transactions.
We want this approach to you to be second nature. The platform’s unique rewards system is intended to deliver an experience that is intuitive and instinctive, rather than demanding. By simply focusing on rewarding the common things we do every day, Cold Wallet believes they can make the entire process more immersive, fun, and user-friendly.
Cold Wallet also rewards other activities, such as gas payments and fund movements. Cold Wallet compensates users for critical tasks. To get there, this strategy establishes the platform as the unequivocally best place for crypto-minded folks.
