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CHEERS Rewards

Welcome to CHEERS Rewards program for BEER, DRINKS and VEND Tokens, the BEST program on the Stellar Network that rewards the community across holding, duration, providing liquidity, and more.

To receive CHEERS Rewards, all you need to do is hold eligible tokens like BEER, VEND, DRINKS Tokens at CLUB Levels, and the rewards start automatically.



CHEERS Rewards program is the BEST Reward Program that offers a bit of fun and passive income for everyone where holders can earn rewards and NFT's every month in two ways; 

OFF PREMISEON PREMISE
Earn CHEERS rewards automatically based on holding, duration, providing liquidity, and participating in initiatives aimed at increasing adoption and usage of $VEND, $BEER, $DRINKS helping to grow the ecosystem and community.Earn CHEERS rewards on retail purchases in VEND Business Points. These businesses will be highlighted in the directory by category and geo-code location so you can easily find, shop and support crypto friendly businesses near you.

There will also be opportunity to earn extra rewards through bug bounties, content contributions, and treasure hunts, where you can find tokens in cafes, pubs, clubs, and more around your area. 




Participating Tokens

BEER Tokens

Domain: beer.stellarmint.io

Assets: Ale, Beer, Cider, Drunkcoin, Grain, Hop, IPA, Lager, Ninkasi, Stout, Tip.


DRINKS Tokens

Domain: stellardrinks.stellarmint.io

Assets: Coffee, Tea, Water, Milkshake, Wine, Whisky, Vodka, Tequila, Rum, Gin, Brandy, Bourbon, Bloody Mary, Caipirinha, Daiquiri, Maitai, Margarita, Martini, Mojito, Negroni.


VEND Token

Domain: vend.stellarmint.io

Asset: Vend




The CHEERS Clubs and Holding Levels

Rewards are based on individual token holding levels.



The BEER LOVERS Club for BEER, ALE, CIDER GRAIN, HOP, IPA, LAGER, STOUT, DRUNKCOIN, TIP Tokens holders.

CLUB LEVELS

  • The PONY Club
  • The POT Club
  • The CHALICE Club
  • The SCHOONER Club
  • The STEIN Club
  • The PINT Club
  • The JUG Club
  • The KEG Club
  • The BARREL Club

TOKEN HOLDING

  • 14,000
  • 28,500
  • 33,000
  • 42,500
  • 50,000
  • 568,000
  • 1,140,000
  • 5,000,000
  • 10,000,000

NOTE: BEER LOVERS levels apply to VEND Tokens.





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CHEERS OFF Premise Rewards

Off Premise comprise of four levels of rewards, starting with a reward for Holding a certain amount of tokens, then an Asset reward based on your portfolio, which rolls into a fantastic multiplier reward based on Duration of holding across the portfolio. The final level is Liquidity Pool rewards for providing liquidity on selected Stellar market pairs like BEER / XLM or BEER / VEND. We will be adding more pairs to the reward lineup.


Level 1

HOLDING Reward

25% of 1% of your token holding. 
Holders automatically earn 25% of 1% of their token holding as per CLUB Level every month.

Example - a Pony Club Member holding 14,000 BEER would earn 35 CHEERS Tokens per month HOLDING Reward.


Level 2

PORTFOLIO Reward

37.5% of 1% of your token portfolio holding. 
Holders can earn an additional 3.75% for each additional asset held at the relevant club level.

Example - a BEERLOVER at Pony Club Level would earn an additional 5.25 CHEERS Token for each additional BEER asset they held at the minimum 14,000 level. Maximum CHEERS earned would be 52.5 per month ASSET Reward if you held all BEER Tokens at the minimum level.


Level 3

DURATION Reward

MONTHLY MULTIPLIER based on token holding and holding duration. 
Holders can earn an additional 3.125% per month per token, a multiplier for every month token assets are held and maintained at current CLUB level or above through the year. If a holder drops to a lower CLUB Level from where they started, duration bonus gets reset.

Example - a PONY Club member would earn 4.38 CHEERS Token in month 1, 8.75 in month 2, 13.12 tokens in month 3 and so on, for each token they held, maximum CHEERS earned would be 429 per year per token. If the Pony Club member drops below 14,000 tokens, the duration reward would be reset to month 1, and the duration reward cycle would start again.


Level 4

LIQUIDITY Pools

BONUS REWARDS and NFTs 
Every month, we take 2 random snapshots, one for the LP token rewards, the second for NFT Rewards. The reward tokens are distributed by the end of the month, and reward NFT's are usually distributed with 72 hours of the snapshots. Current Liquidity Pool Pairs.

Current Liquidity Pool Pairs

Earn 1% monthly or 12% per year on your BEER in the POOL
Earn 1% monthly or 12% per year on your COFFEE in the POOL. Ends Dec 22.






LIQUIDITY POOL BONUS NFT Rewards


A special reward for liquidity providers of selected pools, where eligible contributors can win exclusive NFT's and earn extra token rewards. From time to time, we partner with other exciting block chain projects where our communities come together to earn even more special rewards.


LP NFT Rewards: The TOP 25 contributors in each pool win an exclusive BEER Bottle Bros NFT by Sir Cheesely, our resident artist. There will 99 BEER Bottle Bros in the series, a fun digital collectible, don't miss your chance to get them all. Please note, the Holding level applies to the pools, meaning you must have at least 14k BEER in the pool to qualify to be in the Top 25


LP BONUS Rewards: From time to time there will also be random token bonus rewards and special release NFT's from guest creators available for LP participants.

Rewards Payments: Snapshot for all rewards are taken on a random day during the month - Rewards are sent at the end of the month. All rewards are sent as claimable balances and valid for 30 days, any CHEERS rewards not claimed within the 30 day period, are forfeited and burned.





CHEERS ON Premise Rewards

On-Premise is earning rewards by using "PAIRED TOKENS" out in the world on retail purchases in participating VEND Business Points.

As local businesses come online with VEND and connect to Stellar or XRPL, these businesses will be highlighted in the directory by category and geo-code by location so you can easily find, shop and support crypto friendly businesses near you.

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Page Updated : December 1, 2022