Earn Rebates on Your Invitees’ Transaction Fees!
September 24th, 2024

Background

Since the launch of our Referral Point system, we have received tremendous support from our omnifans. As this is our first time designing this mechanism, we encountered many problems. After receiving each Epoch's feedback, we adjusted the rules to better incentivize our community.

Users can now directly receive rewards, including points and rebates for your invitees’ fees.

Curious about how it works? Let’s dive in!


Point Rules

The rewards come in two ways:

I. Fee Rebate Rewards

You’ll receive your successful invitees’ generated fees ($ETH). The more invitees you have, the higher the percentage of fees you’ll earn.

For example, if you successfully invite 20 people in total and they generate $20 in gas fees, you’ll get 20*25%=$5(ETH).

Currently, we only support transactions that use ETH as gas fee (except Ethereum). Transactions that use the original token as a gas fee, such as Avalance, Polygon, Sui, Aptos, Solana, opBNB, and BSC, are not supported at this time.

II. Points Rewards

A. Swap: You’ll get a percentage of the bridge value as your points.

  • Using ChainX Bridge: 30% of bridging value.

  • Using Others: 2% of bridging value.

For example, if you bridge 100 $OP via ChainX Bridge, the total value is 150, and you’ll get 150*30%=45 points.

B. Referral: You’ll get a percentage of you invitees’ points.

  • Inviter: Every inviter will get a 20%-40% percentage of invitee.

    For instance, if the inviter gets 15 invitees who generate 1500 points in total, the inviter will get 1500*25%=375 points.

  • Invitee: Every user invited by others will get 50 points at once.

Your Final Rewards

1. Token

Currently, we’ve launched the whole point ecosystem, OmniSwap Points and OmniLending Points. Both points are related to further airdrop.

2. Points’ USDC rewards

We set the “Percentage Model” to deliver your rewards. For example, if you get 200 points, but in that Epoch, there’re a total of 20000 points, and the prize pool is $2000. Then:

Points Percentage: 200/20000*100%=1%

Reward: $2000*1%=$20

The rewards can be claimed when Epoch ends, which usually lasts one month, also we’ll announce it on our official Twitter.

3. Fees Rebate

Receiving your invitees’ fees rebate, the more you invite, the higher percentage you’ll get.


Notification:

The initial 50 points every invitee gets won’t be rebated to the inviter, preventing vicious invites. In the transaction fees rebate sector, your invitees have to complete a transaction, then it’s a successful invite.

If you have any questions, feel free to contact us in discord.

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