AirPool, also known as AirLyft Reward Pools, allows projects to lock existing tokens into an AirLyft smart contract to distribute rewards on-chain during campaigns. This system automates reward distribution, reduces gas fees and manual labor for community teams, and ensures participants that rewards are guaranteed if they are shortlisted.
Key capabilities include:
- Token Support: Supports Substrate Native/AssetHub Assets, Substrate AssetHub NFTs, ERC20/XC20, ERC721, and ERC1155.
- Flexibility: Reward pools can be reused across multiple future campaigns.
- Fund Management: Project owners can deposit additional tokens into a pool at any time or withdraw unused rewards directly back to the source account.
- Verification: Ensures participating users are legitimate by requiring them to pay gas fees to claim rewards.