The system applies a $250 minimum veSWPx holding threshold, distinct from the entry requirement. If your average balance falls below this threshold, your claimable rewards decay proportionally to 0% (power percentage system).
The veSWPx value is tracked hourly, summed across 24 daily timestamps, and averaged at the end of each epoch.
The weekly average determines the percentage of rewards you can claim in the next epoch.
Users are linked to referrers via cookies when accessing the site through a referral link. Activation occurs when they deposit liquidity into eligible pools. Cookies are temporary and can be overwritten until a deposit is made. When a referred user makes their first deposit into an eligible pool, the UI will prompt them for a validation signature. From that moment on, the user will be permanently assigned to their upline. The rewards calculation start in the same epoch as the first deposit. Uplines receive rewards for 14 more epochs, ensuring a consistent earning cycle. In total, rewards for referred users last 15 epochs (1 activation epoch + 14 additional epochs). This mechanism ensures rewards reflect active contributions while discouraging passive exploitation common in traditional referral programs.
Main utilities of the system:
Sharing updates and engaging with the community.
Participating in protocol governance and voting.
Encouraging meaningful contributions from both individuals and communities.
Expand your network with the innovative SwapX referral system, designed to reward your connections through tiered incentives. Unlock greater rewards as your network grows, empowering your efforts and driving success within a thriving decentralized ecosystem!
