[MDTIP-2] RewardMe Cashback Upgrade — Replace ME with MDT as a Cashback Option
# Summary
We’re proposing a major upgrade to RewardMe’s reward system to streamline the experience and expand MDT utility. Under this proposal:
- The ME token will be retired from the RewardMe app.
- All existing ME token balances will be converted to Reward Dollars (RD) at a 1:1 rate (1 ME = 1 RD).
- MDT will become the new cashback option, delivered directly to users’ RewardMe crypto currency wallets. Reward Dollars (RD) will continue to function as usual.
- RewardMe will introduce a new MDT staking program, allowing users to upgrade their membership tiers and receive staking payouts in MDT.
- A one-way RD-to-MDT converter will be introduced, enabling users to convert Reward Dollars into MDT.
# Why This Matters
-
Stronger Ecosystem Integration: Introducing MDT as the native cashback type helps consolidate reward types and align with our broader ecosystem strategy.
-
Unified User Experience: By retiring the ME token, we simplify the app experience while giving users a crypto token (MDT) as cashback.
-
Expanding Utility: This shift increases real-world utility for MDT and prepares RewardMe for upcoming staking and governance features.
-
New Staking Opportunities: The new MDT staking program enables users to upgrade their membership tiers and receive staking rewards in MDT, boosting user engagement and long-term token demand.
Dive into the MDT Transparency Portal to explore a vibrant, up-to-date snapshot of the thriving data ecosystem we’re building together.
# Timeline Overview
10 June 2025 — Proposal Published 10 – 13 June 2025 — Community Discussion (Telegram, X) 14 – 18 June 2025 — Community Vote on Snapshot (Voting ends on 18 June 2025 4PM (UTC)) 19 June 2025 — Result Announcement & Implementation Plan
# Discussion
https://t.me/measurabledata/296248 https://x.com/MeasurableData/status/1932280693901734239
# How to Prepare for the Vote
Want to help shape the future of RewardMe and MDT? Follow these steps:
- Transfer your MDT tokens to your Ethereum wallet before 14 June 2025;
- Join Measurable Data Token's Snapshot Space; --> https://snapshot.org/#/mdt.eth
- Cast your vote when the proposal goes live using your MDT tokens.
- Follow Measurable Data Token on X; --> https://x.com/MeasurableData
- Join Measurable Data Token group chat on Telegram; --> https://t.me/measurabledata
- Try out RewardMe - crypto cash back app powered by MDT; --> https://get.reward.me/u2CVfnu0Hub?r=fzmudZ
We encourage all MDT holders to participate in this important vote. Your input helps shape the future of cashback rewards and strengthens MDT’s role in the ecosystem.
Off-Chain Vote
Loading…
- Author
heatherm.eth
- IPFS#bafkreig
- Voting Systembasic
- Start DateJun 13, 2025
- End DateJun 18, 2025
- Total Votes Cast22.2M MDT
- Total Voters233
Timeline
- Jun 13, 2025Proposal created
- Jun 13, 2025Proposal vote started
- Jun 18, 2025Proposal vote ended
- Jun 18, 2025Proposal updated