Our Ecosystem Reward program is live, allowing users to start earning GRVT points before our mainnet.
What are rewards based on?
Tokens are awarded based on your Ecosystem Points, calculated from your invite counts (Epoch 0) and your invites’ trading volume (Epoch 1 onwards).
Ecosystem Activity | Ecosystem Points | Epoch / Phase |
1 direct invite | 10 points | Epoch 0 (Phase 0-1) |
1 indirect invite | 2 points | Epoch 0 (Phase 0-1) |
1 USDT traded by a direct invite
(if they trade ≥ 100 USDT)
| 1 point | Epoch 1 |
10 USDT traded by an indirect invite (if they trade ≥ 100 USDT) | 1 point | Epoch 1 |
Reward Pool
The Ecosystem Reward pool contains 3% of total GRVT tokens, distributed from Phase 1 until the first 18 months of our Mainnet launch.
Note:
Starting from Epoch 1, Ecosystem Points are only given for direct and indirect invites’ trading volume, not by inviting more users.
Epoch 1 for Ecosystem Reward will be given more allocation than subsequent epochs due to points earned from inviting users during Phases 0-1.
Calculations
Tokens Awarded to User = Epoch Allocation * User’s Ecosystem Points / Total Ecosystem Points
Note: Calculations over accrued Ecosystem points will begin at the start of the month 00:00 UTC and last until the end of the month 00:00 UTC. We will take a snapshot on a monthly basis.