# Earnings & Rewards

{% hint style="warning" %}
During BETA and prior to TGE users will earn CREDITS when performing actions in app. All-time leaderboard rank rewards are part of the future airdrop campaign.
{% endhint %}

When engaging with weRate's ecosystem a user will encounter 4 key assets that can be earned or won as rewards.

<table><thead><tr><th width="209">Assets</th><th width="108">Acronym</th><th>Role</th></tr></thead><tbody><tr><td>$RATE</td><td>$R</td><td>Tradable utility token</td></tr><tr><td>Credits</td><td>$C</td><td>Non-transferable in-app token</td></tr><tr><td>Experience Points</td><td>XP</td><td>Tracks Terries progression</td></tr><tr><td>Leaderboard Points</td><td>LP</td><td>Reflects performance &#x26; rank on leaderboards</td></tr></tbody></table>

## Earning Wisdom, Experience & Points

For every check-in, review, and other valuable action within the weRate ecosystem, users earn **Points (Pts)**. The most basic way to earn points is by performing check-ins and leaving reviews. While all earned points contribute to boosting your account’s reputation (Wisdom), not all of them will be contribute to your **Leaderboard Rank**.

Points not only add to the overall credibility and social status of your account (**Wisdom**), but they are also used to calculate **Leaderboard Points** and determine your ranking on all qualifying leaderboards!

<table><thead><tr><th>Valuable Action</th><th width="125">PTS</th><th width="105">XP</th><th data-type="checkbox">Qualifies for Rank</th><th data-type="checkbox">Qualifies for W</th></tr></thead><tbody><tr><td>Check-In</td><td>10</td><td>10</td><td>true</td><td>true</td></tr><tr><td>Review Rating</td><td>30</td><td>15</td><td>true</td><td>true</td></tr><tr><td>Review Commentary</td><td>40</td><td>20</td><td>true</td><td>true</td></tr><tr><td>Review Pictures</td><td>30</td><td>15</td><td>true</td><td>true</td></tr><tr><td>Upvote</td><td>2</td><td>0</td><td>false</td><td>true</td></tr><tr><td>Receive an upvote</td><td>5</td><td>0</td><td>false</td><td>true</td></tr></tbody></table>

## $RATE REWARDS

WeRate's utility token is fundamental to a users in-app progress and overall usage of the app. $RATE can be earned through [leaderboard](/using-the-werate-app/gamefi-and-socialfi/leaderboards.md) rewards. The higher you rank, the more $RATE you'll win.

$RATE rewards are defined by weRate's [Reward Pool](/using-the-werate-app/tokenomics/reward-pool.md) which operates through a monthly allocation mechanism that are spread over the active public leaderboards that operate weekly, monthly & quarterly.

To be eligible for $RATE rewards a user must rank in the top 50% of a leaderboard with the only exception of Rarity leaderboards where that limit is raised to top 30%.\
\
If a user was ranked on the weekly or monthly general leaderboard but did not qualify for $RATE rewards he will be awarded 25 Credits.

## Credit Rewards

Users can earn Credits by completing achievements quests or if they ranked on a general leaderboard but failed to earn $RATE.

{% hint style="danger" %}
During BETA users will earn CREDITS when leaving a complete review (12) or performing a check-in (2).
{% endhint %}


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