The GRVT Ecosystem Reward Program allows users to earn rewards by contributing to the growth of the GRVT Ecosystem. Anyone who has completed KYC successfully on GRVT is eligible to earn.
Invite to earn Ecosystem Points. Already live, this program lets you earn GRVT points now before Mainnet. Points come from invites during Epoch 0 and your invitees’ trading volume from Epoch 1 onward.
Upon the launch of GRVT Mainnet, the Ecosystem Rewards Program is designed to transition rewards to the trading volume of a user's invitee network.
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 1 (Phase 0-1) |
1 indirect invite | 2 points | Epoch 1 (Phase 0-1) |
1 USDT traded by a direct invite (if they trade ≥ 100 USDT) | 1 point | Epoch 1 (Phase 2) |
10 USDT traded by an indirect invite (if they trade ≥ 100 USDT) | 1 point | Epoch 1 (Phase 2) |
Points Mechanism
Starting from Phase 2 of Epoch 1, Ecosystem Points are only given for direct and indirect invites’ trading volume, not by inviting more users.
Phase 2 of Epoch 1 for Ecosystem Reward will be given higher allocation than subsequent epochs due to points earned from inviting users during Phases 0-1.
Calculations
Note:
Ecosystem Points earned pre-mainnet will count towards your Epoch 1 rewards.
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.