Ondo Perps launches Ondo Points rewards program, rewarding traders and holders

Odaily reports that Ondo Perps has now introduced a dual reward mechanism. Traders can earn a corresponding share of rewards from the USDC reward pool by inviting new users; trading volume generated from their own trades also contributes to the reward pool. At the same time, each trade will also earn Ondo Points based on trading volume and Open Interest. This means that from now on, every trade or invitation can simultaneously accumulate USDC reward shares and Ondo Points.

The first batch of points have already been calculated based on user trading activity since June 2nd (the early period of the platform's launch), with early participants receiving their points rewards first. Going forward, the platform will distribute 5 million Ondo Points weekly on a continuous basis. Traders can view their points directly in their accounts and continue to accumulate rewards through trading and invitations.