According to Foresight News, decentralized social application Phaver tweeted that users need to claim S2 redemption points before the deadline of 18:00 on November 11. After the claim is completed, Phaver will calculate everyone's share in the total reward pool, and its token SOCIAL will be distributed directly to the main wallet on Phaver through Base within 48 hours. Before that, staking SOCIAL can get 1.25 times the points multiplier.
Additionally, SOCIAL Staking is a regular on-chain staking pool on the Phaver website with automatic yield and its own reward pool. Social Staking is an upcoming feature of the Phaver app that allows backing any profile and earning additional yield based on its performance. SOCIAL Staking is required to unlock Social Staking.