DeSpeed Bytes Program

The DeSpeed Bytes Program is designed to reward you for your contributions to the network, turning your online activities into opportunities for earning rewards.

What are DeSpeed Bytes? Bytes are the digital points you accumulate by keeping your DeSpeed validator running. These Bytes will be converted into DeSpeed tokens before the mainnet goes live, allowing you to claim and trade them on the open market.

How DeSpeed Bytes Are Earned

Users earn DeSpeed Bytes through various activities within the DeSpeed ecosystem:

• Network Contribution: Each time the DeSpeed validator runs an automated speed test based on a proof-of-speed algorithm, users earn Bytes. The more frequently you’re online and engaged with the extension, the more speed data is captured, resulting in higher Bytes.

• Social Quests: Users can also participate in various social quests, including daily claims and social media tasks. Completing these quests allows users to accumulate additional Bytes beyond their regular speed test earnings.

• Referral Program: Users earn 10% of the Bytes earned by their active referral friends, creating a steady stream of rewards. Additionally, extra referral bonus Bytes are awarded for referring more friends, encouraging community growth.

• Milestone Bonus: As your DeSpeed validator stays active, you rack up Bytes. Hit key milestones along the way, and you'll unlock bonus rewards based on the total Bytes you've earned at each level. (Ex. 10k Bytes bonus for accumulating 50k total Bytes)

• Exclusive Multipliers: early participants + limited discord role holders

Prior to the DeSpeed Mainnet launch, your total accumulated Bytes will be converted into DeSpeed tokens. Please note that specific details regarding the conversion of Bytes to DeSpeed tokens and the exact timeline for the Mainnet launch will be shared across our social media channels.