SoneFi Incentive Phase-2 Preview

Introduction

SoneFi, is the ultimate one-stop trading DEX built on the Soneium Network, offering AMM spot swap, perpetual trades with up to 50x leverages, meme-launch and dual-token growth flywheel etc.

Phase-2 Incentive Program

The Phase-2 Incentive Program is designed to reward users for actively participating in the SoneFi trading functions. By trading, referring friends, sharing your positions, and staking esSOE tokens, you can earn points and climb the leaderboard to claim your share of 100,000 esSOE points.

Incentive Executive Detail

  • Total Points: 100,000 esSOE Points

  • Start Date: 2024-11-04

Eligible Rules

Achieve a total trading volume of at least $1,000 or provide at least 200 SLP in liquidity within 72 hours.

Here's how you can earn points

  • Referral (It will be activated in next days) Invite your friends to join SoneFi and earn 50 points for each successful referral. (One address upper limit = 500 Points, Total Task Points Upper Limit : 10,000 Points)

    Rules: The invitee needs to complete any of the following operations to be considered a successful invitation: Add liquidity, Swap,Open a position.

  • Share Position: Share your trading positions on Discord and earn points based on your profits. (Total Task Points Upper Limit : 10,000 Points. 20 Winners)

    Rules:post wallet address+ tweet link + position image to discord channel Manually select winners from the Discord share-position channel

    Period 2 weeks after phase-2 start

  • Trade Profit: Earn 1 point for every $1 profit you make on SoneFi. (One address upper limit = 500 Points, Total Task Points Upper Limit : 60,000 Points)

    Rules: Distribute points in real-time based on leaderboard rankings.

  • esSOE Stake: Stake your esSOE tokens and earn points based on the amount staked. (One address upper limit = 100 Points, Total Task Points Upper Limit : 20,000 Points)

    Rules: 20 esSOE Staked /24h = 1 Points

Points Utility

The points you earn will be used to calculate your esSOE airdrop based on a specific formula when the mainnet launches. The more points you accumulate, the larger your esSOE airdrop will be.

The esSOE token utility

esSOE also known as Escrowed SOE, has two ways of use:

  • Stake to earn revenue similar to regular $SOE tokens

  • Vest to actual $SOE tokens within one year

Each staked Custody SOE token will receive the same amount of Custody SOE and Protocol Income rewards as regular SOE tokens.

Please note that Escrow SOE (esSOE) is not transferable unless a full account transfer is made. The amount of SOE or SLP required to vest esSOE is unique to each account, and the maximum amount of esSOE that can be vested is capped at the esSOE rewards received by that account.

Join the SoneFi Community

Embracing the power of community, join Discord and Telegram groups. These will not just be spaces to share updates, but hubs for vibrant discussions, fresh ideas, and the pulse of our dedicated community.

Why Build on Soneium?

Soneium, developed by Sony Block Solutions Labs, is a unique blockchain that bridges Web2 and Web3, fostering creativity and innovation. Built on a next-generation Ethereum layer 2 ecosystem, it emphasizes accessibility, scalability, and efficiency to tackle real-world challenges.

By choosing Soneium, you’re not just using a blockchain; you’re joining a movement that redefines digital creativity and innovation.

Follow us to stay updated with everything on SoneFi!

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