What Is the MEDALS Token? The Complete Guide
Everything you need to know about MEDALS — Sportsblock's native token on Hive Engine. Learn how to earn, stake, and use MEDALS to unlock rewards and climb the leaderboard.
MEDALS is the native token of Sportsblock, built on Hive Engine. It's the platform's way of rewarding community engagement, recognising quality contributors, and powering features like predictions and staking.
If you're new to Sportsblock or crypto in general, this guide covers everything you need to know.
MEDALS at a Glance
- Network: Hive Engine (layer 2 on the Hive blockchain)
- Purpose: Community engagement, staking, predictions, governance
- How to earn: Platform activity, content creation, community participation
- Cost to acquire: Free through platform activity, or tradeable on Hive Engine DEX
How to Earn MEDALS
There are several ways to accumulate MEDALS on Sportsblock:
1. Content Rewards
When your posts and Sportsbites receive upvotes from MEDALS stakeholders, you earn MEDALS alongside your regular HIVE/HBD rewards. The more engaged the community is with your content, the more you earn.
2. Community Engagement
Active participation is rewarded. Commenting on posts, voting on content, and contributing to discussions all contribute to your MEDALS earnings.
3. Predictions
Sportsblock's prediction system uses MEDALS as the staking currency. When you correctly predict sports outcomes, you earn MEDALS from the prediction pool.
4. Contests
Periodic platform contests (fantasy leagues, writing competitions, etc.) award MEDALS to winners and participants.
Staking: Why It Matters
Staking is the most important thing you can do with your MEDALS. When you stake MEDALS, several things happen:
Increased Influence
Staked MEDALS increase your voting weight. When you upvote content, your vote distributes more MEDALS to the creator. This makes you a more valuable community member.
Tier Badges
Your staked MEDALS determine your community tier:
- Bronze: 1,000+ MEDALS staked
- Silver: 5,000+ MEDALS staked
- Gold: 10,000+ MEDALS staked
- Diamond: 50,000+ MEDALS staked
These badges are displayed on your profile and next to your name throughout the platform.
Prediction Stakes
MEDALS are the currency for predictions. Staked MEDALS can be used to back your sports predictions. Correct predictions earn you a share of the pool.
Leaderboard Position
The MEDALS staking leaderboard shows the most committed community members. Higher positions increase visibility and credibility within the community.
How Staking Works
Staking MEDALS is straightforward:
- Navigate to your Wallet page
- Find your MEDALS balance
- Click Stake and enter the amount
- Confirm the transaction
Staked MEDALS can be unstaked at any time, though there's a standard Hive Engine unstaking period (typically 4 weeks, distributed in weekly installments).
MEDALS vs HIVE vs HBD
Understanding the three tokens in the Sportsblock ecosystem:
| Token | Type | Stability | Primary Use |
|---|---|---|---|
| HIVE | Base layer token | Volatile | Governance, staking, trading |
| HBD | Stablecoin | ~$1 USD | Stable earnings, savings (15% APR) |
| MEDALS | Hive Engine token | Variable | Platform engagement, predictions |
HIVE is the foundation — it powers the blockchain and provides the reward pool for all content.
HBD is the stable option — earned alongside HIVE, it maintains roughly $1 value and earns interest in savings.
MEDALS is the platform token — it's specific to Sportsblock and powers the engagement layer (predictions, staking tiers, community features).
Trading MEDALS
MEDALS can be traded on the Hive Engine decentralised exchange (DEX):
- Visit Hive Engine or use Tribaldex
- Search for the MEDALS token
- Place buy or sell orders against HIVE
The market price is determined by supply and demand. As Sportsblock grows and more users stake MEDALS, demand increases.
The MEDALS Economy
MEDALS has a designed economic loop:
- Earn — through content, engagement, and predictions
- Stake — to increase influence, unlock tiers, and back predictions
- Spend — on prediction stakes and future platform features
- Trade — buy or sell on Hive Engine DEX
This creates a circular economy where active community members are continuously rewarded, and the token has genuine utility beyond speculation.
Getting Your First MEDALS
The fastest way to get started:
- Sign up for Sportsblock (free, 30 seconds)
- Publish your first post about any sport
- Share Sportsbites on live matches
- Engage with other community members
- Stake your earned MEDALS to start climbing tiers
You don't need to buy anything. Your sports knowledge is your entry ticket.
Looking Ahead
MEDALS is designed to grow alongside the Sportsblock platform. As new features launch — expanded contests, community governance, and premium features — MEDALS will be at the centre of the ecosystem.
The earlier you start building your MEDALS position, the more you'll benefit as the platform grows.
Ready to Get Started?
Join Sportsblock and start earning crypto from your sports knowledge today.