Owlto Referral Rewards Program Phase2
Referral Program Introduction
The “Owlto Referral Reward Program Phase2” uses a dual reward model of Commissions and Bonus Points. When a referrer successfully invites a referee to complete a bridging transaction via Owlto, the referrer will receive Commissions (provided by the official partner Maker) and Bonus Points. In addition, both the referrer and referee can receive point rewards after completing a bridging transaction.
Join now: https://owlto.finance/rewards
Referrer and referee relationship confirmation
1.Referral Link
Regardless of whether users visit the activity page directly or through a referral link, after connecting their wallet, a referral link will be automatically generated. You can copy and share this link on your social media, community, or with friends for promotion and receive benefits.
The referral links for Phase2 have been adjusted. When the referees visit the link, they will be directly taken to the DApp Bridge page instead of the Rewards page. Although the referral link has been updated, the old link remains functional. Sharing the old link on social media can still generate new referees for you.
2.Referral Relationship Confirmation
In order to avoid the loss of the relationship between the referrer and the referee during the process of promotion or visiting the website, the referee will immediately receive a wallet signature request when connected to wallet after clicking on the referral link of the referrer. This signature request is only limited to confirming the referral relationship and there will be no other permission requests. Please feel free to confirm.
The relationship between “Referrer” and “Referee” is permanent once established. The confirmed referral relationships from Phase1 remain valid.
Referral Rewards
1.Commission:
Maker will provide the referrer with a scalable proportion of the profits generated from every bridging transaction initiated by the referee. The referrer’s commission percentage increases as the referee engages in more bridging transactions, resulting in a higher commission amount. Please note that this rule applies exclusively to transactions generated after December 6, 2023.
2.Bonus Points：
The referrer will receive an additional 10% bonus for the points earned by the referee through bridging transaction.
Bridge Rewards
Any address that successfully completes a bridging transaction via Owlto, whether as a referrer or referee, regardless of the amount and the network, will receive at least 100 points. The more bridging transactions accumulate, the greater the boost they will receive. Details are as follows:
- The point reward = 100 * boost
- It should be noted that the points for Phase2 will be calculated according to the new rules, which means they will not be based on the points accumulated in Phase1. Your total points = The points of Phase1 + The points of Phase2
Tokens and Networks supported for Commissions
- Token: ETH, USDC, USDT, BNB
- Network: Commission can be generated from bridging between any networks.
Commission Settlement Time
The commission earned by the referrer will be settled after 00:10 UTC and will not be calculated in real-time based on the transactions of referee.
Commission withdrawal
- In order to reduce gas costs and help users interact on zkSync, the Claim network will be launched on the zkSync Era mainnet. However, the commission claim for USDT and BNB will be conducted on the Binance Smart Chain (BNBChain).
- We will prioritize opening claim for ETH, followed by USDC, USDT, and BNB.
The value of points
Point is a very important credential for user activity and participation in the project. In the future, we will provide more possibilities for points, and Airdrop may be one of the possible benefits. The more points you earn, the greater the potential benefits you may receive in the future.
