Rewards

Abstract

As a one-stop DeFi solution for Runes, BRC20, ARC20, and CAT20 assets, DotSwap is dedicated to building an active, prosperous, and user-driven ecosystem. To achieve this goal, we are officially launching the DotSwap Rewards Program. This program is designed to incentivize user participation, foster community growth, and reward the active contributors to our ecosystem. This whitepaper will detail the structure, participation methods, and incentive mechanisms of the rewards program.

Objectives

The core objectives of the DotSwap Rewards Program are:

• Incentivize User Growth: Attract new users and expand the platform's user base through a referral mechanism.

• Boost Platform Activity: Encourage users to engage in trading and other interactions on the DotSwap platform, increasing liquidity and transaction volume.

• Build a Strong Community: Reward users who actively engage and promote DotSwap on social media (such as X, Telegram, Discord) to build a strong and loyal community.

• Reward Loyal Users: Provide continuous and attractive rewards for users who offer long-term support and contribute to the platform.

Reward System Structure

The core of this rewards program is the "Diamond" points system. Users can earn Diamonds by completing specific tasks, which serve as the primary metric for user contribution. The reward system consists of three main components: the Novice Gift Pack, the Invite Friends Program, and Daily Challenges.

Novice Gift Pack

To help new users get started and integrate into the DotSwap ecosystem, we have established exclusive one-time tasks. Completing any of the following tasks will earn you a generous Diamond reward:

• Follow Official X (Twitter): Follow the @dot_swap official account for a +100 Diamonds reward.

• Join Telegram Group: Join the official DotSwap Telegram group for a +100 Diamonds reward.

• Join Discord Community: Join the official DotSwap Discord server for a +100 Diamonds reward.

• Make Your First Swap: Complete your first transaction on the DotSwap platform for a +100 Diamonds reward.

Invite Friends Program

We believe in the power of community and encourage users to invite their friends to join DotSwap. Our referral program offers a dual incentive structure:

A. First Swap Reward

• When a friend you invite completes their first swap on DotSwap, you will instantly receive a 100 Diamonds reward.

• Simultaneously, your invited friend will also receive novice rewards, creating a win-win situation.

B. Trading Fee Commission

• You will earn a percentage-based commission from the trading fees generated by your invited friends. This commission rate is tiered—the greater your contribution, the greater your reward:

  • Bronze Tier (Bronze Medal)

    • Requirement: Successfully invite at least 1 friend.

    • Commission Rate: 20%

  • Silver Tier (Silver Medal)

    • Requirement: The total trading volume from all your invitees reaches 0.1 BTC.

    • Commission Rate: 25%

  • Gold Tier (Gold Medal)

    • Requirement: The total trading volume from all your invitees reaches 0.5 BTC.

    • Commission Rate: 30%

Daily Challenges

To encourage sustained user engagement, we have established daily, repeatable challenges:

• Trading Contribution: For every $0.1 in trading fees contributed on the DotSwap platform, you will earn +1 Diamond.

• Community Engagement: The top 5 most engaged users daily in the DotSwap Telegram group will receive +10 Diamonds.

• Social Media Sharing: Complete a trade and share it on X (Twitter) to receive +10 Diamonds.

Future Utility of Diamonds

Diamonds are the core credential of user contribution within the DotSwap ecosystem. While they currently serve to record user participation and activity, we plan to assign more tangible value to Diamonds in the future, which may include, but is not limited to:

• Serving as a key weighting factor or credential for future platform token airdrops.

• Redemption for access to exclusive platform features or services.

• Participation in future governance voting.

• Redemption for partner benefits or NFTs.

Specific utility and redemption details will be announced by the DotSwap team in the future.

Conclusion

The DotSwap Rewards Program is a comprehensive, multi-layered incentive system designed to closely align the platform's growth with the interests of its users. Whether you are a new user, a trader, or a community advocate, you can find a suitable way to participate and earn rewards in this program.

We sincerely invite you to join DotSwap, participate in the Rewards Program, and build the next generation of the multi-chain DeFi ecosystem with us, sharing in the value created by its growth.