Valkyrie Protocol is a Dapp activation protocol designed to help protocols launch effectively by enabling them design a ‘campaign’ with a specific target goal and disseminate pre-allocated rewards to users depending on their level of participation.

This ‘rewardable ecosystem’ consists of campaign creators, who have an objective to increase usership of their project on the Terra network, campaign participants, who participate in the campaign and share content to other users, and campaign referrers, who spread the campaign content to new users. Valkyrie provides a generalized framework empowering individual teams to apply it to their specific campaign needs.

The Valkyrie token ($VKR) is the project's governance token and is utilized as a deposit for campaigns launching on Valkyrie, with referral rewards being distributed in $VKR. Users who stake their $VKR to governance receive rewards allocated to the Governance Distribution schedule, as well as a portion of the fees charged by the protocol pro-rata to their stake.