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Ondo Perps launches the Ondo Points rewards program, rewarding trading position users
Deep Tide TechFlow message: On July 23, according to the official announcement, Ondo Perps has now launched a dual-rewards mechanism. On the one hand, traders can receive a portion of the USDC rewards pool by inviting new users, and the trading volume from users who trade on their own is also counted toward the same rewards pool. On the other hand, each trade will also earn Ondo Points synchronized based on both trading volume and Open Interest.
From now on, every trade or every invitation will earn dual rewards: accumulating a share of the USDC rewards and accumulating points at the same time.
The first round of points distribution has been calculated based on trading activity since June 2 (i.e., the platform’s initial launch period). Traders who participated early will receive rewards first. After that, the platform will distribute 5 million points every week on a consistent basis and continue long term. Traders can view their points directly in their accounts to get in early and keep compounding rewards.