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 Genesis (pre-mainnet period) and your invitees’ trading volume from Epoch 1 onward (Mainnet alpha onwards).
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 | Genesis (pre-mainnet) *points go to your Epoch 1 points |
1 indirect invite | 2 points | Genesis (pre-mainnet) *points go to your Epoch 1 points |
1 USDT traded by a direct invite (if they trade ≥ 100 USDT) | 1 point | Epoch 1 onwards (starting Mainnet alpha launch) |
10 USDT traded by an indirect invite (if they trade ≥ 100 USDT) | 1 point | Epoch 1 onwards (starting Mainnet alpha launch) |
Points Mechanism
From Epoch 1, Ecosystem Points are earned only from trading volume of direct/indirect invites, not new invites.
Genesis (pre-mainnet) points contribute to Epoch 1 points.
Epoch 1 has a higher token allocation due to Genesis invite points.
Ecosystem Points update every 5 minutes.
Points from new referral trading volume will reflect within 15 minutes.
Calculations
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.