Valkyrie provides a decentralized rewardable ecosystem for campaign creators and participants to maximize sharing and participation. Also, through the explosive and continuous sharing of the Cascading referral chain designed by the Valkyrie Protocol, it helps the activation of blockchain projects. Built on Terra, Valkyrie stores all data regarding social referrals on-chain, transparently and immutably. The continuity of referrals and the corresponding data are not compromised, leading to the most accurate information for affiliate marketing campaigns and restoring efficacy and trust in the system. Valkyrie rewards campaign participants not only for their direct referral but also subsequent conversions, effectively scaling referrals continuously and creating a new ecosystem to maximize all campaigns’ reach and impact. $VKR represents equity in Valkyrie, giving its stakers the ability to partake in governance and also benefit from the protocol’s growth via buybacks from fee generation. This flywheel effect of increased Valkyrie adoption → increased fee generation → increased $VKR buybacks → deflationary $VKR supply → increased $VKR value naturally leads to continuity of incentives and Valkyrie’s unique value proposition.