Ankr has launched Forge, a new rewards platform with a fresh approach to user incentives. Instead of the usual method of distributing freshly minted $ANKR tokens, Forge bases its rewards on actual revenue generated by Ankr’s blockchain infrastructure operations. The aim is to boost engagement through tangible value instead of inflated token emissions.
The process is simple. Users stake their $ANKR tokens and complete various on-chain tasks such as transactions and app interactions to earn Forge Points. These points then determine the share of periodic rewards, dubbed Forge Drops, that participants receive. also Forge Points grant access to token generation event allocations from Ankr’s partners, effectively rewarding users for real activity rather than speculative token giveaways.
Operating across 80+ blockchain networks, Ankr processes over one trillion RPC requests monthly. These API calls power wallets and decentralized apps, handling everything from checking balances to swapping tokens. The revenue produced from this massive volume of infrastructure usage funds the rewards program. Stanley Wu, Ankr’s CTO, emphasized that this launch redefines the $ANKR token’s utility, benefiting holders, partners, and the company alike.
The blockchain infrastructure space is highly competitive, with players like Infura and Alchemy dominating without native tokens to offer direct user incentives. By leveraging its revenue stream to reward activity, Ankr hopes to carve out a unique advantage. The first Forge Drop is expected soon, marking the real test of this model’s effectiveness.
This content is for informational purposes only and does not constitute financial advice.
